Parsons Marine Steam Turbine Company Parsons Marine Steam Turbine Company Parsons Marine Steam Turbine Company was a British engineering company based in Wallsend, North East England, on the River Tyne. The company was founded by Charles Algernon Parsons in 1897 with £500,000 of capital, and specialised in building the steam turbine engines that he had invented for naval use. The first ship to use a Parsons propulsion system was "Turbinia", launched in 1894; the successful demonstration of this vessel led to the creation of the company and the subsequent construction of the engines for the first two turbine-powered destroyers for the Navy, and , launched
Steamship yachts at the end of the 19th and early 20th centuries were steam driven (see luxury yacht; also Cox & King yachts). Thomas Assheton Smith was an English aristocrat who forwarded the design of the steam yacht in conjunction with the Scottish marine engineer Robert Napier. The decline of the steamship began after World War II. Many had been lost in the war, and marine diesel engines had finally matured as an economical and viable alternative to steam power. The diesel engine had far better thermal efficiency than the reciprocating steam engine, and was far easier to control. Diesel engines