Company type | Shell company |
---|---|
Industry | Shipping |
Predecessor | Bast |
Founded | April 1883 |
Founder | James Burns and Robert Philp |
Fate | Cashed up |
Headquarters | , Australia |
Owner | Graeme Hart |
Parent | Rank Group |
Burns Philp (properly Burns, Philp & Co, Limited) was a major Australian shipping line and merchant that operated in the South Pacific. When the well-populated islands around New Guinea were targeted for blackbirding in the 1880s, a new rush for labour from these islands began. James Burns and Robert Philp purchased several well-known blackbirding ships to quickly exploit the human resource in this region, and Burns Philp entered the slave trade. The company ended its involvement in blackbirding in 1886. [1] [2] In later years the company was a major player in the food manufacturing business. Since its delisting from the Australian Securities Exchange in December 2006 and the subsequent sale of its assets, the company has mainly become a cashed up shell company. It is wholly owned by Graeme Hart's Rank Group (not to be confused with the British company of the same name).
In April 1883 James Burns and Robert Philp began a trading partnership, originally named the "Burns, Philp & Company Limited". [3] They were the first company to offer tourism to New Guinea, in 1884, advertising the 'New Guinea Excursion Trip'. [4] This consisted of a five-week trip from Thursday Island and has been described as the "official beginning of tourist cruises in the South Pacific". [5] The company later published a book titled Picturesque Travel, [6] with the first issue appearing in 1911 and the last in 1925. [7] Sir Robert Philp twice became Premier of Queensland, while Sir James Burns, became a member of the Legislative Council of New South Wales and founder/benefactor of Burnside Presbyterian Homes for Children.
Up to 1903, Burns Philp operated as merchants and shipping agents in the Pacific Islands, as well as providing a mail service and carrying tourists to Papua New Guinea, New Hebrides and the British Solomon Islands. [8] [9] In 1904, Burns Philp began to acquire plantations and land to develop into plantations in the British Solomon Islands. [8]
In 1914 the Burns Philp Tourist Department was established, advertising tours on Lord Howe Island and Norfolk Island. Acquisition of the Port Moresby Hotel occurred in the same year, with the Papua Hotel purchased some years later. Burns Philp "maintained a near monopoly on passenger services to Melanesia until the outbreak of the war in the Pacific". [10] During this period the company had a dominant role in trade in the region distributing general merchandise and collecting copra.
By 1916, Burns Philp was operating 7 plantations in the British Solomon Islands through subsidiaries - the Solomon Islands Development Company, the Shortland Islands Plantation Ltd and Choiseul Plantations Ltd. [11]
The ships owned and operated by Burns Philp included:
In the second half of the 20th century, Burns Philp became involved in the production and distribution of food ingredients and consumer branded food, beverage and related products. The Group operated internationally, with leading products and brands enjoying significant market shares in each of its principal markets. Its product ranges included packaged bread and other baked goods, snack foods, breakfast cereals, edible oils, and meal components.
In the 1970s the management expanded the business through acquisitions and by the early 1980s, Burns Philp was a conglomerate that controlled over 200 companies involved in about 100 separate industries. [20] The diversification put financial strain on the company, as nearly all of the companies in the group were not profitable. Beginning in 1984, the management began to restructure the group to focus on retail hardware stores and food ingredients, and acquired yeast and fermentation related businesses, such as vinegar production, in Europe and the United States. It became the largest supplier of yeast and vinegar in the world. [20] In the 1990s, Burns Philp expanded into the spices and seasonings sector and became the second largest supplier of spices and seasonings in the North American market. However, the competition with McCormick & Company developed into an intense price war, which damaged the profitability of the company. On 24 September 1997, Burns Philp announced a writedown of its herbs and spice assets from AUD$850m to AUD$150m, [21] and started to sell the herbs and spices business in order to focus on its core yeast operation. Burns Philp sold the corporate headquarters in Bridge Street, Sydney. [20]
One of the most significant subsidiaries of the business in terms of profit was Goodman Fielder, Australasia’s largest baker, which was floated in an IPO (initial public offering). In 2007 Burns, Philp sold its remaining 20% stake in Goodman Fielder for NZ$676 million.
Since 1997 New Zealand businessman Graeme Hart has had an interest in Burns, Philp. He has been on the Board of Directors since 1997 and Chairman since 2004.
In December 2006 Hart acquired the remaining 42% of Burns Philp he didn't already own and the company was delisted on 20 December 2006. After the sale of its yeast and spices business to UK firm Associated British Foods, Uncle Tobys to Nestlé for NZ$1.1bn, Bluebird Foods to PepsiCo for NZ$245 million, and its NZ$676 million 20% stake in Goodman Fielder the company became largely a cashed up shell. Burns Philp is wholly owned by Hart's private investment company Rank Group Limited.
A number of building associated with Burns Philp are now heritage-listed:
Burns Philp was inducted into the Queensland Business Leaders Hall of Fame in 2009, for significant contributions made to the development of Queensland and its economy. [25]
HMPNGS Lakekamu is Balikpapan-class landing craft heavy (LCH) operated by the Maritime Operations Element of the Papua New Guinea Defence Force (PNGDF). The vessel was one of eight built for the Royal Australian Navy (RAN) in the 1970s, and was commissioned into the RAN as HMAS Labuan in March 1973. Labuan was decommissioned in November 2014. She was transferred to the PNGDF for use as a training ship and was commissioned as HMPNGS Lakekamu in December 2014.
HMAS Kanimbla was a passenger ship converted for use as an armed merchant cruiser and landing ship infantry during World War II. Built during the mid-1930s as the passenger liner MV Kanimbla for McIlwraith, McEacharn & Co, the ship operated in Australian waters until 1939, when she was requisitioned for military service, converted into an armed merchant cruiser, and commissioned in the Royal Navy as HMS Kanimbla.
HMAS Manoora was an ocean liner that served in the Royal Australian Navy (RAN) during World War II. She was built in Scotland in 1935 for the Cairns to Fremantle coastal passenger run for the Adelaide Steamship Company. She was requisitioned by the RAN for naval service in 1939. Manoora was initially converted into an armed merchant cruiser (AMC), operating primarily in Australian, New Guinea, and Pacific waters, with deployments to Singapore and the Bay of Bengal.
MV Neptuna was a 5,952 ton cargo motor vessel. She was launched as MV Rio Panuco in 1924, renamed MV Neptun in 1931 and finally became MV Neptuna in 1935. She was sunk during the Japanese air raid on Darwin on 19 February 1942, during World War II.
The British Solomon Islands Protectorate was first established in June 1893, when Captain Herbert Gibson of HMS Curacoa declared the southern Solomon Islands a British protectorate.
The MV Cartela is an excursion vessel operating on the Derwent River in Hobart, Tasmania, Australia. She is now Australia's oldest continuously-licensed passenger vessel, although there are several older vessels still in service that have been restored after lengthy periods in dereliction.
The motor vessel MV Mamutu was an Australian merchant ship built in Hong Kong in 1938. She was of 300 gross tons, 113 feet (34.4 m) in length, and had a beam of 25 feet (7.6 m). She operated on an inter-island trade route for Burns Philp & Company, and at the outbreak of World War II, she was engaged in the evacuation of civilians ahead of advancing Japanese forces in New Guinea. The Mamutu sunk in August 1942 after being attacked by a Japanese submarine Ro-33 in the Gulf of Papua near Murray Island.
Orion Expedition Cruises (OEC) is a former Australian-based luxury expedition cruise line that operated the German-built 103 m, 4000 gross tonne MV Orion in Australasian and Antarctic waters.
Southern Cross is the name given to each of a succession of ships serving the Melanesian Mission of the Anglican Church and the Church of the Province of Melanesia. The first ship having this name succeeded the Undine, a 21-ton schooner built at Auckland and in service from 1849 to 1857.
USS Mizar (AF-12) was the United Fruit Company fruit, mail and passenger liner Quirigua that served as a United States Navy Mizar-class stores ship in World War II.
Sea Swift is a north Australian shipping company. It operates in Northern Australia, mainly servicing remote and regional communities in Far North Queensland and the Northern Territory. The company provides freight and passenger services, and maritime logistical support, operating container ships in addition to barges, tugs and landing craft.
HMAS Matafele was a small cargo and passenger vessel which was operated by Burns Philp from 1938 to 1942 and the Royal Australian Navy (RAN) from 1943 until she was lost with all of her crew as a result of an accident in June 1944.
Crusader (AV2767) was an Australian Army amphibious operations support ship of World War II. She was launched shortly before the war ended and entered service in late 1935. From 1945 to 1947 she was mainly used to return Australian Army equipment from the islands off New Guinea. She was also loaned to the Australian Shipping Board in early 1947 and transported earth moving equipment and timber between Melbourne and Tasmania. However, the Army did not need a ship with Crusader's capabilities after the war, and she was sold in 1947 to the Queensland Cement and Lime Company which operated her as a coral barge on the Brisbane River until the mid-1980s. The ship was scuttled in 1986 and became a popular dive wreck.
MV Macdhui was a steel-hulled passenger and cargo motor ship built by Barclay Curle & Company at the Clydeholm Yard, Whiteinch, Scotland for Burns, Philp & Company, Limited, Sydney NSW, Australia. She was launched on 23 December 1930 and completed during March 1931. She operated with the company's Burns, Philp Line with service to Papua and New Guinea. She was sunk in 1942, as a result of damage suffered by being hit by bombs from Japanese aircraft, near Port Moresby.
Kongō Maru (金剛丸) was an 7,043 gross register ton passenger-cargo ship built by Harima Shipbuilding Company in Japan for Kokusai Kisen Kabushiki Kaisha in 1935. She was requisitioned by the Imperial Japanese Navy during the Second World War and converted to an armed merchant cruiser.
MV Merkur was a 5,952 tons passenger cargo vessel that was requitioned into the Royal Australian Navy (RAN) during the Second World War as a victualling stores and supply vessel.
Sir Walter Randolph Carpenter (1877–1954) was an Australian-Canadian pearl hunting, trader, merchant, ship owner, airline industry leader and philanthropist of American ancestry active in the western Pacific from the 1890s through the 1940s.
HMAS Waree (W128) was a tug boat operated by the Royal Australian Navy (RAN) during World War II. She operated as a tug boat for the Waratah Tug and Salvage Company before being requisitioned by the RAN in 1942, and operating in northern Australia and Papua. She sank on 17 October 1946 off the New South Wales coast while sailing to Sydney from Thursday Island.
HMS Bulolo was a 6,267 ton passenger and cargo ship of the Burns, Philp Shipping Company operating in the South Pacific. In 1939 she was converted into an Armed Merchant Cruiser, then a Landing Ship Headquarters (LSH) in 1942. She directed the landings in North Africa, Sicily, Anzio and Normandy during World War II.
SS Matunga was a 1,618-gross register ton passenger-cargo ship, built by Napier and Miller, Glasgow for Mersey Steamship Co., Liverpool and originally named Zweena. Purchased by Burns Philp & Co. Ltd in 1910 for the British Solomon Islands service. Burns Philp was operating seven plantations in the Solomon Islands through subsidiaries - the Solomon Islands Development Company, the Shortland Islands Plantation Ltd and Choiseul Plantations Ltd.