Company type | Statutory Corporation (1974-1987) State-owned Enterprise (1987-1989) |
---|---|
Industry | Transport |
Founded | 1974 |
Key people | Sir John Ormond (Chairman 1974 –1979) Sir Tom Skinner (Chairman 1979 –1982) |
Products | Sea transport |
The Shipping Corporation of New Zealand was a New Zealand shipping company created by the Third Labour Government led by Norman Kirk in 1973.
Norman Kirk advocated for the creation of a New Zealand-owned shipping line as leader of the Opposition, which was Labour's policy at the 1969 and 1972 elections. Kirk argued that "the New Zealand farmer has always been at the mercy of the overseas shipping companies." [1] Upon election to office following the 1972 general election, Kirk moved quickly to establish the shipping line, appointing former Meat Board chairman John Ormond as chairman and Federation of Labour President Tom Skinner as his deputy. The Shaw Savill Line offered two vessels, the Laurentic and the MV Zealandic , for the shipping line. [1]
The Shipping Corporation of New Zealand Act 1973 established the corporation as a statutory corporation, which began trading in 1974. The New Zealand Government owned a majority of shares, while the Shaw Savill Line had a 30% stake in the shipping line. [2]
The Shipping Corporation adopted a new trading name on 1 September 1985, New Zealand Line, to emphasis its international links. [3]
From 1 April 1987 the Shipping Corporation became the Shipping Corporation of New Zealand Limited, along with other government-owned departments and corporations, became a State-owned enterprise, and was required to make a profit.
In the 1987 budget, it was announced that the New Zealand Line would be sold. [4] The New Zealand Line was privatised in March 1989, being sold to Associated Container Transportation (ACT), trading as P&O for $33.5 million. [4] [5]
Norman Eric Kirk was a New Zealand politician who served as the 29th prime minister of New Zealand from 1972 until his sudden death in 1974.
Sir Roger Owen Douglas is a retired New Zealand politician who served as a minister in two Labour governments. He became best known for his prominent role in New Zealand's radical economic restructuring in the 1980s, when the Fourth Labour Government's economic policy became known as "Rogernomics".
Sir Wallace Edward Rowling, commonly known as Bill Rowling, was a New Zealand politician who was the 30th prime minister of New Zealand from 1974 to 1975. He held office as the leader of the Labour Party.
Hugh Watt was a New Zealand politician who was a Labour member of Parliament and the acting prime minister of New Zealand between 31 August and 6 September 1974, following the death of Prime Minister Norman Kirk. He had been the fifth deputy prime minister of New Zealand since 8 December 1972. Watt later served as high commissioner to the United Kingdom.
The Third Labour Government of New Zealand was the government of New Zealand from 1972 to 1975. During its time in office, it carried out a wide range of reforms in areas such as overseas trade, farming, public works, energy generation, local government, health, the arts, sport and recreation, regional development, environmental protection, education, housing, and social welfare. Māori also benefited from revisions to the laws relating to land, together with a significant increase in a Māori and Island Affairs building programme. In addition, the government encouraged biculturalism and a sense of New Zealand identity. However, the government damaged relations between Pākehā and Pasifika New Zealanders by instituting the Dawn Raids on alleged overstayers from the Pacific Islands; the raids have been described as "the most blatantly racist attack on Pacific peoples by the New Zealand government in New Zealand’s history". The government lasted for one term before being defeated a year after the death of its popular leader, Norman Kirk.
Ronald Leslie Bailey was a New Zealand politician of the Labour Party.
Michael Aynsley Connelly was a New Zealand politician of the Labour Party, and a Cabinet Minister from 1972 to 1975 in the Third Labour Government.
Norman Vazey Douglas was a New Zealand trade unionist and left-wing politician. He joined the New Zealand Labour Party in 1932, but when John A. Lee was expelled from the party in 1940, Douglas followed to join the new Democratic Labour Party. He rejoined the Labour Party in 1952 and represented the Auckland Central electorate in Parliament from 1960 until his retirement in 1975, serving time on the Opposition front bench.
Colin James Moyle was a New Zealand politician. A member of the Labour Party, he served as a Member of Parliament (MP) from 1963 to 1976 and again from 1981 to 1990. He was a Government minister in the Third Labour and Fourth Labour Governments. He was a close confidant of Bill Rowling during Rowling's short premiership. In the Fourth Labour Government, as Minister of Agriculture, Moyle oversaw the removal of farming subsidies and the establishment of a fisheries quota system.
William Alex Fraser was a New Zealand politician of the Labour Party.
Michael Avigdor Hirschfeld was a New Zealand businessman, and was President of the New Zealand Labour Party from 1995 to 1999.
Edward Emanuel Isbey was a New Zealand politician of the Labour Party.
Fraser MacDonald Colman was a New Zealand politician of the Labour Party. He represented the electorates of Petone from 1967 to 1978, and then when Petone was renamed, Pencarrow from 1978 to 1987, when he retired. He was the cabinet minister chosen to represent New Zealand in 1973 on its warships during their protest against the nuclear weapons testing carried out by France.
Shaw, Savill & Albion Line was the shipping line of P Henderson & Company, a British shipping management that operated trans-British, Australian and New Zealand cargo and passenger routes when P Henderson's Albion Line merged with Shaw Savill Line in 1882, lasting till 1970 when Elder Dempster Lines chartered P Henderson fleets in 1947 till 1965 when Ocean Group plc acquired Elder, Dempster, till the Suez crisis when the last 3 Henderson ships were transferred to Elder, Dempster and the Henderson label phased out.
Henry Leonard James May was a New Zealand politician of the Labour Party. He was a cabinet minister from 1972 to 1975.
John Mathison was a New Zealand politician of the Labour Party. He was famed for his skills as a chairman and well known for his "unmistakably Scottish" accent, eloquent speeches and dry sense of humour.
Roger Patrick Blundell Drayton was a New Zealand politician of the Labour Party.
It's Time was a successful political campaign run by the New Zealand Labour Party under Norman Kirk at the 1972 general election. The Labour Party promoted its initiatives with advertisements featuring the lines "It's time for a change, it's time for Labour." The campaign was ultimately successful, and marked the first time Labour had been in government since losing the 1960 election to the National Party.
John Francis William Wybrow was a New Zealand politician and diplomat. He was the secretary of the Labour Party and later New Zealand's High Commissioner to Canada.
Rex John Willing was a New Zealand public servant and politician who was the private secretary to Prime Minister Norman Kirk.