1.
Aktiengesellschaft
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Aktiengesellschaft is a German word for a corporation limited by share ownership and may be traded on a stock market. The term is used in Germany, Austria, Switzerland, South Tyrol and it is also used in Luxembourg, though the French-language equivalent, Société Anonyme, is more common. An English translation can therefore be share corporation, in German the use of the term Aktien for shares is restricted to Aktiengesellschaften. Shares in other types of German companies are called Anteile rather than Aktien, in Germany and Austria, the legal basis of the AG is the German Aktiengesetz or the Austrian Aktiengesetz. In Switzerland, the Company Limited by Shares is defined in Title Twenty-Six of the Code of Obligations, article 950 specifies that the business name must indicate the legal form. German AGs have a two-tiered board structure, consisting of a supervisory board, the supervisory board is generally controlled by shareholders, although employees may have seats, depending on the size of the company. The management board directly runs the company, but its members may be removed by the supervisory board, some German AGs have management boards which determine their own remuneration, but that situation is now relatively uncommon. The general meeting is the governing body of a Swiss company limited by shares. It elects the board of directors and the external auditors, the board of directors may appoint and dismiss persons entrusted with managing and representing the company. Chapter 4, The History of Corporate Ownership and Control in Germany, a History of Corporate Governance around the World, Family Business Groups to Professional Managers. Ownership and Control of German Corporations
2.
Ticker symbol
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A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both, ticker symbol refers to the symbols that were printed on the ticker tape of a ticker tape machine. Stock symbols are unique identifiers assigned to each security traded on a particular market, for example, AAPL is for Apple Inc. OODH is for Orion DHC, Inc. and HD is for Home Depot, a stock symbol can consist of letters, numbers, or a combination of both, and is a way to uniquely identify that stock. The symbols were kept as short as possible to reduce the number of characters that had to be printed on the ticker tape, the allocation of symbols and formatting convention is specific to each stock exchange. In the US, for example, stock tickers are typically between 1 and 4 letters and represent the name where possible. In Europe, most exchanges use three-letter codes, for example Dutch consumer goods company Unilever traded on the Amsterdam Euronext exchange has the symbol UNA, while in Asia, numbers are often used as stock tickers to avoid issues for international investors when using non-Latin scripts. For example, the bank HSBCs stock traded on the Hong Kong Stock Exchange has the ticker symbol 0005, symbols sometimes change to reflect mergers. Prior to the 1999 merger with Mobil Oil, Exxon used a spelling of the company XON as its ticker symbol. The symbol of the firm after the merger was XOM, symbols are sometimes reused, in the US the single-letter symbols are particularly sought after as vanity symbols. For example, since Mar 2008 Visa Inc. has used the symbol V that had previously used by Vivendi which had delisted. To fully qualify a stock, both the ticker and the exchange or country of listing needs to be known, on many systems both must be specified to uniquely identify the security. This is often done by appending the location or exchange code to the ticker, although stock tickers identify a security, they are exchange dependent, generally limited to stocks and can change. These limitations have led to the development of other codes in financial markets to identify securities for settlement purposes, the most prevalent of these is the International Securities Identifying Number. An ISIN uniquely identifies a security and its structure is defined in ISO6166, Securities for which ISINs are issued include bonds, commercial paper, stocks, and warrants. The ISIN identifies the security, not the exchange on which it trades, for instance, Daimler AG stock trades on twenty-two different stock exchanges worldwide, and is priced in five different currencies, it has the same ISIN on each, though not the same ticker symbol. ISIN cannot specify a particular trade in this case, and another identifier, following the introduction of the Sequence trading platform in 1996, EPICs were renamed Tradable Instrument Display Mnemonics, but they are still widely referred to as EPICs. Stocks can also be identified using their SEDOL number or their ISIN, in the United States, modern letter-only ticker symbols were developed by Standard & Poors to bring a national standard to investing
3.
Frankfurt Stock Exchange
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The Frankfurt Stock Exchange is the worlds 10th largest stock exchange by market capitalization. Located in Frankfurt, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse AG and it is located in the district of Innenstadt and within the central business district known as Bankenviertel. The trading indices are DAX, DAXplus, CDAX, DivDAX, LDAX, MDAX, SDAX, TecDAX, VDAX, through its Deutsche Börse Cash Market business section, Deutsche Börse AG now operates two trading venues at the Frankfurt Stock Exchange. Xetra is the market for exchange trading in German equities. In 2015,90 per cent of all trading in shares at all German exchanges was transacted through the Xetra, with regard to DAX listings, Xetra has 60 per cent market share throughout Europe. Trading times on trading days are from 9.00 a. m. to 5.30 p. m, the prices on Xetra serve as the basis for calculating the DAX, the best-known German share index. Over 200 trading participants from 16 European countries, plus Hong Kong, Börse Frankfurt is the trading venue for mainly private investors with more than one million securities of German and international issuers. So named Specialists on the trading floor attend to the trading of the securities, trading at the Frankfurt Stock Exchange is governed by clear rules, which apply equally for all trading participants. With a view to improving the continuity of prices and to avoid mistrades, several mechanisms are in place for the trading venues Xetra. These include volatility interruption, market order interruption, and liquidity interruption measures, the origins of the Frankfurt Stock Exchange go back to medieval trade fairs in the 11th century. By the 16th century Frankfurt developed into a wealthy and busy city with a based on trade. In 1585 a bourse was established to set up fixed currency exchange rates, during the following centuries Frankfurt developed into one of the worlds first stock exchanges - next to London and Paris. Bankers like Mayer Amschel Rothschild and Max Warburg had substantial influence on Frankfurts financial trade, in 1879 Frankfurt Stock Exchange moved into its new building at Börsenplatz. During the 1990s the Frankfurt Stock Exchange was also bourse for the Neuer Markt as part of the worldwide dot-com boom, in 1993 the Frankfurter Wertpapierbörse became Deutsche Börse AG, operating businesses for the exchange. Since then the profits from the presence of the European Central Bank in Frankfurt. In 2002 and 2004 Deutsche Börse was in advanced negotiations to take over London Stock Exchange, financial Market Integration in a Wider European Union International financial centres, rivals or partner
4.
Maritime transport
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Ship transport is watercraft carrying people or goods. Freight transport has been achieved widely by sea throughout recorded history, although the importance of sea travel for passengers has decreased due to aviation, it is effective for short trips and pleasure cruises. Transport by water is cheaper than transport by air, despite fluctuating exchange rates, ship transport can be realized over any distance by boat, ship, sailboat or barge, over oceans and lakes, through canals or along rivers. Virtually any material can be moved by water, however, water transport becomes impractical when material delivery is highly time-critical such as types of perishable produce. Containerization revolutionized ship transport starting in the 1970s, general cargo includes goods packaged in boxes, cases, pallets, and barrels. When a cargo is carried in more than one mode, it is intermodal or co-modal, a nations shipping fleet consists of the ships operated by civilian crews to transport passengers or cargo from one place to another. Ores, Coal, and grains can travel along the rivers of the American midwest to Pittsburgh, professional mariners are merchant seaman, merchant sailor, and merchant mariner, or simply seaman, sailor, or mariners. The terms seaman or sailor may refer to a member of a countrys navy, according to the 2005 CIA World Factbook, the total number of merchant ships of at least 1,000 gross register tons in the world was 30,936. In 2010, it was 38,988, an increase of 26%, statistics for individual countries are available at the list of merchant navy capacity by country. A ships complement can be divided into four categories, the department, the engineering department, the stewards department. Officer positions in the department include but not limited to, Master and his Chief, Second. The official classifications for unlicensed members of the department are Able Seaman. Their time on board is spent learning the operations and tasks of life on a merchant vessel. A ships engineering department consists of the members of a crew that operate and maintain the propulsion. Marine Engineering staff also deal with the Hotel facilities on board, notably the sewage, lighting, air conditioning, on LPG and LNG tankers however, a cargo engineer works with the deck department during cargo operations, as well as being a watchkeeping engineer. Other possible positions include Motorman, Machinist, Electrician, Refrigeration Engineer, engine Cadets are trainee engineers who are completing sea time necessary before they can obtain a watchkeeping license. A typical Stewards department for a ship would be composed of a Chief Steward, a Chief Cook. All three positions are filled by unlicensed personnel
5.
Containerization
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Containerization is a system of intermodal freight transport using intermodal containers made of weathering steel. The handling system is completely mechanized so that all handling is done with cranes, all containers are numbered and tracked using computerized systems. The system, developed after World War II, dramatically reduced the costs of transport, supported the boom in international trade. Containerization did away with the sorting of most shipments and the need for warehousing. It displaced many thousands of workers who formerly handled break bulk cargo. Containerization also reduced congestion in ports, significantly shortened shipping time and reduced losses from damage, before containerization, goods were usually handled manually as break bulk cargo. Typically, goods would be loaded onto a vehicle from the factory, when the vessel arrived, they would be moved to the side of the ship along with other cargo to be lowered or carried into the hold and packed by dock workers. The ship might call at other ports before off-loading a given consignment of cargo. Each port visit would delay the delivery of other cargo, delivered cargo might then have been offloaded into another warehouse before being picked up and delivered to its destination. Multiple handling and delays made transport costly, time consuming and unreliable, containerization has its origins in early coal mining regions in England beginning in the late 18th century. In 1766 James Brindley designed the box boat Starvationer with 10 wooden containers, in 1795, Benjamin Outram opened the Little Eaton Gangway, upon which coal was carried in wagons built at his Butterley Ironwork. The horse-drawn wheeled wagons on the gangway took the form of containers, which, loaded coal, could be transshipped from canal barges on the Derby Canal. By the 1830s, railroads on several continents were carrying containers that could be transferred to other modes of transport, the Liverpool and Manchester Railway in the United Kingdom was one of these. Simple rectangular timber boxes, four to a wagon, they were used to convey coal from the Lancashire collieries to Liverpool, originally used for moving coal on and off barges, loose boxes were used to containerize coal from the late 1780s, at places like the Bridgewater Canal. By the 1840s, iron boxes were in use as well as wooden ones, the early 1900s saw the adoption of closed container boxes designed for movement between road and rail. Later in 1919, his system was extended to over 200 containers serving 21 railway stations with 14 freight trucks, prior to the Second World War, many European countries independently developed container systems. In 1919, Stanisław Rodowicz, an engineer, developed the first draft of the system in Poland. In 1920, he built a prototype of the biaxial wagon, the Polish-Bolshevik War stopped development of the container system in Poland
6.
Nautical tourism
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Nautical tourism is tourism that combines sailing and boating with vacation and holiday activities. It is a form of tourism that is more popular in the summertime. First defined as a segment in Europe and South America, it has since caught on in the United States. Many tourists who enjoy sailing combine water travel with other activities, supplying the equipment and accessories for those activities has spawned businesses for those purposes. With many nautical enthusiasts living on board their vessels even in port, nautical tourists bring demand for a variety of goods, marinas developed especially for nautical tourists have been built in Europe, South America and Australia. Tourist services available at marinas catering to tourists include, Leasing of berths for sailing vessels. Leasing of sailing vessels for holiday and recreational use, Reception, safe-guarding, preparation and keeping sailing vessels in order. Providing information to nautical enthusiasts Leasing of water scooters, jet skis, among the more interesting locations frequented by nautical tourists, Greek islands and the Croatian coast offers services at more than 50 ports, touting it as Mediterranean as it once was. Croatias Greeces efforts have been so successful they have offered to the tourism industry as a model for sustainable nautical tourism. During this years Adriatic Boat Show the official ceremony of opening the site of marina for mega-yachts has been held. Marina Mandalina & Yacht Club, situated in Šibenik, in 2011 will be able to accept 79 yachts up to 100 meters in length, italy has gone to great lengths to attract boating tourists to its ports as well. Water travel used to be the form of transportation between cities in the Netherlands. Since improvements in the road and rail structure, less and less commercial freight traffic is using the water. In the latter half of the 20th century the growth of tourism exceeded the amount of freight traffic. Water tourists are a strong lobby for protecting old water routes from being closed or filled, both refurnished antique canal boats and modern tour boats are available for tourist day trips in most Dutch cities. A steady tourist industry has kept both the old canals of Amsterdam and their canal mansions open for water traffic and their popularity has introduced water traffic safety laws to ensure that the commercial passenger boats have right-of-way over private skiffs and low yachts, while preventing fatal accidents. Australia has invested $1.5 billion in facilities designed to attract nautical tourists, a growing worldwide industry segment, nautical tourism has become popular in South America. The Brazilian Ministry of Tourism has a devoted to the subject
7.
CSAV
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CSAV is a Chilean shipping company that is currently the largest company of its type in Latin America and also one of the oldest ones, having been founded in 1872. The company is established in the port of Valparaiso and is currently classified number 20 in the ranking of largest container shipping companies in the world, soon, its business expanded further to offer shipping to the rest of the world. Now, their business is container shipping and offers others services like dry bulk, liquid bulk, refrigerated cargo. CSAV, like its subsidiaries Libra, Libra Uruguay y CSAV Norasia, the company is listed on the Santiago Stock Exchange since 1893. With over 140 years, CSAV has played a role in the development of foreign trade in Latin America. Previously owned by the Claro Group, CSAV is now controlled by the Luksic Group since February 2012, founded in 1872 and listed since 1893, CSAV is one of the oldest shipping lines. It is the largest shipping company in Latin America and number 20 in the world, CSAV, in the early years, was the only means of connectivity for Chile with distant regions in the far flung country CSAV’s main business is container shipping, which accounts for approx. Other businesses are car carrier, non-containerized refrigerated cargo, dry bulk, recently the company ordered the construction of seven new ships of 9,300 TEUs each at an additional investment of U. S. $600 million. The last of new ships will be delivered in 2015. Its new, expanded own fleet will allow CSAV to significantly reduce fuel costs, in 2013, CSAV’s sales amounted to approximately US$3.2 billion. The company has a presence in 115 countries, generating approximately 90% of total revenues with its own agencies. CSAV is a company with a long history, The integration in 1999 of Brazilian Libra. By integrating Norasia in June 2000, the company strengthened its main East-West routes, as a result, CSAV has direct departures from the main ports of Asia, Europe, India and the Middle East today. Hit hard by the shipping crisis, CSAV incurred heavy losses in 2011. While market conditions remained unchanged, the restructuring reduced CSAV’s net loss by 46% to US$169 million in the year 2013, in 2012, the company had lost US$313.6 million. Quiñenco pointed out already in 2011 that a step after operational turnaround would be merging CSAV with a partner. CSAV, one of the oldest shipping companies in the World, was founded in 1872 by the merger of Compañía Chilena de Vapores and Compañía Nacional de Vapores. In August 1914 the First World War broke out, removing CSAVs major competitor, in the same month the Panama Canal was opened, giving CSAV direct access to the eastern USA
8.
Chile
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Chile, officially the Republic of Chile, is a South American country occupying a long, narrow strip of land between the Andes to the east and the Pacific Ocean to the west. It borders Peru to the north, Bolivia to the northeast, Argentina to the east, Chilean territory includes the Pacific islands of Juan Fernández, Salas y Gómez, Desventuradas, and Easter Island in Oceania. Chile also claims about 1,250,000 square kilometres of Antarctica, the arid Atacama Desert in northern Chile contains great mineral wealth, principally copper. Southern Chile is rich in forests and grazing lands, and features a string of volcanoes and lakes, the southern coast is a labyrinth of fjords, inlets, canals, twisting peninsulas, and islands. Spain conquered and colonized Chile in the century, replacing Inca rule in northern and central Chile. After declaring its independence from Spain in 1818, Chile emerged in the 1830s as a relatively stable authoritarian republic, in the 1960s and 1970s the country experienced severe left-right political polarization and turmoil. The regime, headed by Augusto Pinochet, ended in 1990 after it lost a referendum in 1988 and was succeeded by a coalition which ruled through four presidencies until 2010. Chile is today one of South Americas most stable and prosperous nations and it leads Latin American nations in rankings of human development, competitiveness, income per capita, globalization, state of peace, economic freedom, and low perception of corruption. It also ranks high regionally in sustainability of the state, Chile is a founding member of the United Nations, the Union of South American Nations and the Community of Latin American and Caribbean States. There are various theories about the origin of the word Chile, another theory points to the similarity of the valley of the Aconcagua with that of the Casma Valley in Peru, where there was a town and valley named Chili. Another origin attributed to chilli is the onomatopoeic cheele-cheele—the Mapuche imitation of the warble of a locally known as trile. The Spanish conquistadors heard about this name from the Incas, ultimately, Almagro is credited with the universalization of the name Chile, after naming the Mapocho valley as such. The older spelling Chili was in use in English until at least 1900 before switching over to Chile, stone tool evidence indicates humans sporadically frequented the Monte Verde valley area as long as 18,500 years ago. About 10,000 years ago, migrating Native Americans settled in fertile valleys, settlement sites from very early human habitation include Monte Verde, Cueva del Milodon and the Pali Aike Craters lava tube. They fought against the Sapa Inca Tupac Yupanqui and his army, the result of the bloody three-day confrontation known as the Battle of the Maule was that the Inca conquest of the territories of Chile ended at the Maule river. The next Europeans to reach Chile were Diego de Almagro and his band of Spanish conquistadors, the Spanish encountered various cultures that supported themselves principally through slash-and-burn agriculture and hunting. The conquest of Chile began in earnest in 1540 and was carried out by Pedro de Valdivia, one of Francisco Pizarros lieutenants, who founded the city of Santiago on 12 February 1541. Although the Spanish did not find the gold and silver they sought, they recognized the agricultural potential of Chiles central valley
9.
Kuehne + Nagel
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Kuehne + Nagel International AG is a global transportation and logistics company based in Schindellegi, Switzerland. It was founded in 1890, in Bremen, Germany, by August Kühne and it provides sea freight and airfreight forwarding, contract logistics, and overland businesses with a focus on providing IT-based logistics solutions. As of 2017, it has more than 1,200 offices in over 100 countries, the origins of Kuehne + Nagel was in 1890, when August Kühne and Friedrich Nagel founded a forwarding commission agency in Bremen, Germany. It initially used to concentrate on cotton and consolidated freight, later in 1902, it expanded its operations to the German seaport city of Hamburg. In 1907, the co-founder Friedrich Nagel died, and August Kühne took over his shares in the company, the legacy of Nagel still lives on, in the companys name - Kuehne + Nagel. The First World War greatly affected its businesses, upon Kühnes death in 1932, his sons - Alfred and Werner - became partners in the firm. Adolf Maass, who was Jewish, a partner, and the firms largest shareholder with a 45% stake, was forced out in April 1933. In the early 1950s, Alfred Kühne initiated the international expansion. In 1963, KN took a stake in Athens based Proodos S. A. In 1975, the adopted a holding company structure, with the formation of Kuehne + Nagel International AG based in Schindellegi, Switzerland. In the mid-1960s, a member of the Kühne family, Klaus-Michael Kühne joined his father Alfred Kühne as a junior partner. In 1966, at the age of 30, he joined the management team as chairman, and spearheaded KNs future expansions, particularly its European. Following the purchase, Klaus-Michael Kühne and Lonrhos head, Roland Tiny Rowland acted as joint chief executives of the combined organisation, KN further expanded with its acquisition of freight companies, Domenichelli SpA, Van Vliet BV, Hollis Transport Group Ltd. Transportes Tres, and other acquisitions in Denmark, Norway, the 1990 German reunification was an important event for many German companies, including KN, and provided them the necessary impetus to expand further. After the reunification, KN integrated its network in the former German Democratic Republic, in 1992, it bought back Lonrho plcs 50% stake in the company, and went public in May 1994. It was listed on the Zurich and Frankfurt exchanges, which provided a platform for further exchange-based acquisitions, the same year, KN established a Russian subsidiary, and pushed ahead into Norway, Sweden, and Denmark. In July 1999, Kühne handed over the post of CEO to Klaus Herms, in the early 2000s, KN got a foothold in the Asia Pacific contract logistics market, when it forged a strategic alliance with Singapore-based SembCorp Logistics. In 2001, it acquired USCO Logistics Inc. - a warehouse-based logistics service provider based in Hamden, Connecticut, KN and SembCorp chose to follow different strategic paths in 2004, and ended their strategic partnership
10.
Germany
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Germany, officially the Federal Republic of Germany, is a federal parliamentary republic in central-western Europe. It includes 16 constituent states, covers an area of 357,021 square kilometres, with about 82 million inhabitants, Germany is the most populous member state of the European Union. After the United States, it is the second most popular destination in the world. Germanys capital and largest metropolis is Berlin, while its largest conurbation is the Ruhr, other major cities include Hamburg, Munich, Cologne, Frankfurt, Stuttgart, Düsseldorf and Leipzig. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity, a region named Germania was documented before 100 AD. During the Migration Period the Germanic tribes expanded southward, beginning in the 10th century, German territories formed a central part of the Holy Roman Empire. During the 16th century, northern German regions became the centre of the Protestant Reformation, in 1871, Germany became a nation state when most of the German states unified into the Prussian-dominated German Empire. After World War I and the German Revolution of 1918–1919, the Empire was replaced by the parliamentary Weimar Republic, the establishment of the national socialist dictatorship in 1933 led to World War II and the Holocaust. After a period of Allied occupation, two German states were founded, the Federal Republic of Germany and the German Democratic Republic, in 1990, the country was reunified. In the 21st century, Germany is a power and has the worlds fourth-largest economy by nominal GDP. As a global leader in industrial and technological sectors, it is both the worlds third-largest exporter and importer of goods. Germany is a country with a very high standard of living sustained by a skilled. It upholds a social security and universal health system, environmental protection. Germany was a member of the European Economic Community in 1957. It is part of the Schengen Area, and became a co-founder of the Eurozone in 1999, Germany is a member of the United Nations, NATO, the G8, the G20, and the OECD. The national military expenditure is the 9th highest in the world, the English word Germany derives from the Latin Germania, which came into use after Julius Caesar adopted it for the peoples east of the Rhine. This in turn descends from Proto-Germanic *þiudiskaz popular, derived from *þeudō, descended from Proto-Indo-European *tewtéh₂- people, the discovery of the Mauer 1 mandible shows that ancient humans were present in Germany at least 600,000 years ago. The oldest complete hunting weapons found anywhere in the world were discovered in a mine in Schöningen where three 380, 000-year-old wooden javelins were unearthed
11.
Hamburg
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Hamburg, officially Freie und Hansestadt Hamburg, is the second largest city in Germany and the eighth largest city in the European Union. It is the second smallest German state by area and its population is over 1.7 million people, and the wider Hamburg Metropolitan Region covers more than 5.1 million inhabitants. The city is situated on the river Elbe, the official long name reflects Hamburgs history as a member of the medieval Hanseatic League, a free imperial city of the Holy Roman Empire, a city-state, and one of the 16 states of Germany. Before the 1871 Unification of Germany, it was a sovereign state. Prior to the changes in 1919, the civic republic was ruled by a class of hereditary grand burghers or Hanseaten. Though repeatedly destroyed by the Great Fire of Hamburg, the floods and military conflicts including WW2 bombing raids, the city managed to recover and emerge wealthier after each catastrophe. On the river Elbe, Hamburg is a port and a global service, media, logistics and industrial hub, with headquarters and facilities of Airbus, Blohm + Voss, Aurubis, Beiersdorf. The radio and television broadcaster NDR, Europes largest printing and publishing firm Gruner + Jahr, Hamburg has been an important financial centre for centuries, and is the seat of Germanys oldest stock exchange and the worlds second oldest bank, Berenberg Bank. The city is a fast expanding tourist destination for domestic and international visitors. It ranked 16th in the world for livability in 2015, the ensemble Speicherstadt and Kontorhausviertel was declared a World Heritage Site by the UNESCO in 2015. Hamburg is a major European science, research and education hub with several universities and institutes and its creative industries and major cultural venues include the renowned Elbphilharmonie and Laeisz concert halls, various art venues, music producers and artists. It is regarded as a haven for artists, gave birth to movements like Hamburger Schule. Hamburg is also known for theatres and a variety of musical shows. St. Paulis Reeperbahn is among the best known European entertainment districts, Hamburg is on the southern point of the Jutland Peninsula, between Continental Europe to the south and Scandinavia to the north, with the North Sea to the west and the Baltic Sea to the north-east. It is on the River Elbe at its confluence with the Alster, the city centre is around the Binnenalster and Außenalster, both formed by damming the River Alster to create lakes. The island of Neuwerk and two neighbouring islands Scharhörn and Nigehörn, in the Hamburg Wadden Sea National Park, are also part of Hamburg. The neighbourhoods of Neuenfelde, Cranz, Francop and Finkenwerder are part of the Altes Land region, neugraben-Fischbek has Hamburgs highest elevation, the Hasselbrack at 116.2 metres AMSL. Hamburg has a climate, influenced by its proximity to the coast
12.
Qatar Investment Authority
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The Qatar Investment Authority is Qatars state-owned holding company that can be characterized as a National Wealth Fund. It specializes in domestic and foreign investment, the QIA was founded by the State of Qatar in 2005 to strengthen the countrys economy by diversifying into new asset classes. The fund is a member of the International Forum of Sovereign Wealth Funds and is signed up to the Santiago Principles on best practice in managing sovereign wealth funds. The QIA was founded in 2005 by the then-Emir of Qatar Hamad bin Khalifa Al Thani to manage the oil and natural gas surpluses by the government of Qatar. As a result of its strategy to minimize risk from Qatars reliance on energy prices. Prior to establishment of the Qatar Investment Authority in 2005, Qatars Ministry of Finance had a small team to invest revenue from budget surpluses. The Qatar National Vision 2030 foresees the shift from natural gas based revenue to QIA-type investments between now and then, the QIA wholly controls Qatari Diar, a property investment company. The QIA does not publish its holdings to the market, sayed held the post for 16 months. In January 2015 Sheikh Abdullah bin Mohamed bin Saud al-Thani, chairman of Qatar communication company Oredoo, was appointed new CEO, Khalifa Al Kuwari is the current Chief Operating Officer. Qatar Investment Authority owns Qatar Holding LLC, and is associated with Qatar National Bank, QIA is affiliated with Qatar Islamic Bank and with Ubac Curaçao NV. Qatar Holdings stake in Barclays rose to 12. 7% following Barclays capital raising in October 2008, Qatar Investment Authority holds a small stake in Fisker Automotive. It also holds about 17% stake in the Volkswagen Group, Porsche, Hochtief, in February 2009, France accorded special beyond-OECD investment privileges to Qatar and its State-Owned Enterprises, one example is capital gains exemptions in France. The QIA is also reported to hold part of Xstrata, on 8 May 2010, Qatar Holding, an indirect subsidiary of QIA, purchased the Harrods Group from Mohamed Al-Fayed, including the Knightsbridge department store. QIA are also the largest shareholder in Sainsburys, in February 2012, it completed the acquisition of Credit Suisses headquarters in London. QIA holds a 6% stake in Credit Suisse and owns shares in Apeldoorn, Qatari Diar, a property arm of the fund, along with Canary Wharf, won a £300mn deal to redevelop the Shell Centre in London that houses the Royal Dutch Shells London headquarters. The French government has offered tax exemptions for Qatari real estate investments in the country and have acquired almost $4 billion of property, in May 2012, it acquired a stake below 3% in Royal Dutch Shell. It has announced a plan to raise its stake to 7%, in late 2012 Qatar Sports Investments completed a buyout of the French football club Paris Saint-Germain F. C. which valued the club at $130 million. QSI invested a further $340 million in the club, they had bought the Paris Saint-Germain Handball team the previous year, nasser Al-Khelaifi is also the director of Qatari owned television network Al Jazeera Sports, which launched French television channels beIN Sport
13.
Qatar
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Qatar, officially the State of Qatar, is a sovereign country located in Western Asia, occupying the small Qatar Peninsula on the northeastern coast of the Arabian Peninsula. Its sole land border is with Saudi Arabia to the south, with the rest of its surrounded by the Persian Gulf. A strait in the Persian Gulf separates Qatar from the island country of Bahrain, as well as sharing maritime borders with the United Arab Emirates. Following Ottoman rule, Qatar became a British protectorate in the early 20th century until gaining independence in 1971, Qatar has been ruled by the House of Thani since the early 19th century. Sheikh Jassim bin Mohammed Al Thani was the founder of the State of Qatar, Qatar is a hereditary monarchy and its head of state is Emir Sheikh Tamim bin Hamad Al Thani. Whether it should be regarded as a constitutional or a monarchy is a matter of opinion. In 2003, the constitution was approved in a referendum. In early 2017, Qatars total population was 2.3 million,313,000 Qatari citizens and 2.6 million expatriates, Qatar is a high income economy and is a developed country, backed by the worlds third largest natural gas reserves and oil reserves. The country has the highest per capita income in the world, Qatar is classified by the UN as a country of very high human development and is the most advanced Arab state for human development. Qatar is a significant power in the Arab world, supporting several rebel groups during the Arab Spring both financially and through its globally expanding media group, Al Jazeera Media Network. For its size, Qatar wields disproportionate influence in the world, Qatar will host the 2022 FIFA World Cup, becoming the first Arab country to do so. A century later, Ptolemy produced the first known map to depict the peninsula, the map also referenced a town named Cadara to the east of the peninsula. The term Catara was exclusively used until the 18th century, after which Katara emerged as the most commonly recognised spelling, eventually, the modern derivative Qatar was adopted as the countrys name. In Standard Arabic, the name is pronounced, while in the local dialect it is, Human habitation of Qatar dates back to 50,000 years ago. Settlements and tools dating back to the Stone Age have been unearthed in the peninsula, Mesopotamian artefacts originating from the Ubaid period have been discovered in abandoned coastal settlements. Al Daasa, a settlement located on the western coast of Qatar, is the most important Ubaid site in the country and is believed to have accommodated a small seasonal encampment. Kassite Babylonian material dating back to the second millennium BC found in Al Khor Islands attests to trade relations between the inhabitants of Qatar and the Kassites in modern-day Bahrain, among the findings were 3,000,000 crushed snail shells and Kassite potsherds. It has been suggested that Qatar is the earliest known site of shellfish dye production, in 224 AD, the Sasanian Empire gained control over the territories surrounding the Persian Gulf
14.
Saudi Arabia
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Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain and the United Arab Emirates to the east, Oman to the southeast and Yemen to the south. It is separated from Israel and Egypt by the Gulf of Aqaba and it is the only nation with both a Red Sea coast and a Persian Gulf coast and most of its terrain consists of arid desert and mountains. The area of modern-day Saudi Arabia formerly consisted of four regions, Hejaz, Najd and parts of Eastern Arabia. The Kingdom of Saudi Arabia was founded in 1932 by Ibn Saud and he united the four regions into a single state through a series of conquests beginning in 1902 with the capture of Riyadh, the ancestral home of his family, the House of Saud. Saudi Arabia has since been a monarchy, effectively a hereditary dictatorship governed along Islamic lines. The ultraconservative Wahhabi religious movement within Sunni Islam has been called the predominant feature of Saudi culture, with its global spread largely financed by the oil and gas trade. Saudi Arabia is sometimes called the Land of the Two Holy Mosques in reference to Al-Masjid al-Haram and Al-Masjid an-Nabawi, the state has a total population of 28.7 million, of which 20 million are Saudi nationals and 8 million are foreigners. The states official language is Arabic, petroleum was discovered on 3 March 1938 and followed up by several other finds in the Eastern Province. Saudi Arabia has since become the worlds largest oil producer and exporter, controlling the second largest oil reserves. The kingdom is categorized as a World Bank high-income economy with a high Human Development Index and is the only Arab country to be part of the G-20 major economies. However, the economy of Saudi Arabia is the least diversified in the Gulf Cooperation Council, the state has attracted criticism for its treatment of women and use of capital punishment. Saudi Arabia is an autocracy, has the fourth highest military expenditure in the world. Saudi Arabia is considered a regional and middle power, in addition to the GCC, it is an active member of the Organisation of Islamic Cooperation and OPEC. Following the unification of the Hejaz and Nejd kingdoms, the new state was named al-Mamlakah al-ʻArabīyah as-Suʻūdīyah by royal decree on 23 September 1932 by its founder, Abdulaziz Al Saud. Although this is translated as the Kingdom of Saudi Arabia in English it literally means the Saudi Arab kingdom. Its inclusion expresses the view that the country is the possession of the royal family. Al Saud is an Arabic name formed by adding the word Al, meaning family of or House of, in the case of the Al Saud, this is the father of the dynastys 18th century founder, Muhammad bin Saud. There is evidence that human habitation in the Arabian Peninsula dates back to about 125,000 years ago
15.
Intermodal container
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These containers are known under a number of names, such as simply container, cargo or freight container, ISO container, shipping, sea or ocean container, container van or box, sea or c can. The common heights are 8 feet 6 inches and 9 feet 6 inches – the latter are known as High Cube or Hi-Cube containers, in 2012 there were about 20.5 million intermodal containers in the world of varying types to suit different cargoes. Containers have largely supplanted the traditional break bulk cargo – in 2010 containers accounted for 60% of the seaborne trade. The predominant alternative methods of transport carry bulk cargo – whether gaseous, liquid or solid – e. g. by bulk carrier or tank ship, for air freight, the more light-weight IATA-defined unit load device is used. By the 1830s, railways on several continents were carrying containers that could be transferred to other modes of transport, the Liverpool and Manchester Railway in the United Kingdom was one of these. Simple rectangular timber boxes, four to a truck, they were used to convey coal from the Lancashire collieries to Liverpool, early versions of standardized containers were used in Europe before World War II. Construction of these containers had a frame with wooden walls, floor, roof. American containers at this time were not standardized, and these early containers were not yet stackable – neither in the U. S. nor Europe, in November 1932, the first container terminal in the world was opened by the Pennsylvania Rail Road Company in Enola, PA. A system was selected for Western Europe, based on the Netherlands system for goods and waste transportation called Laadkisten. This system used roller containers for transport by rail, truck and ship, in various configurations up to 5,500 kg capacity and this became the first post World War II European railway standard of the International Union of Railways – UIC-590, known as pa-Behälter. It was implemented in the Netherlands, Belgium, Luxembourg, West Germany, Switzerland, Sweden, the use of standardized steel shipping containers began during the late 1940s and early 1950s, when commercial shipping operators and the US military started developing such units. In 1948 the U. S. Army Transportation Corps developed the Transporter, a rigid, corrugated steel container, able to carry 9,000 pounds. It was 8 ft 6 in long,6 ft 3 in wide, and 6 ft 10 in high, with doors on one end, was mounted on skids. After proving successful in Korea, the Transporter was developed into the Container Express box system in late 1952, cONEXes could be stacked three high, and protected their contents from the elements. By 1965 the US military used some 100,000 Conex boxes, making this the first worldwide application of intermodal containers. From 1949 onwards, engineer Keith Tantlinger repeatedly contributed to the development of containers, as well as their handling, steel castings on the top corners provided lifting and securing points. In 1955 trucking magnate Malcom McLean bought Pan-Atlantic Steamship Company, to form a container shipping enterprise, the first containers were supplied by Brown, where McLean met Keith Tantlinger, and hired him as vice-president of engineering and research. Under the supervision of Tantlinger, a new 35 ft x 8 ft x 8 ft 6 in Sea-Land container was developed, each container had a frame with eight corner castings that could withstand stacking loads
16.
Freight transport
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Freight transport is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea, but is extended in American English to refer to transport by land or air as well, logistics, a term borrowed from the military environment, is also fashionably used in the same sense. Land or ground shipping can be by train or by truck, ground transport is typically more affordable than air, but more expensive than sea especially in developing countries like India and Pakistan, where inland infrastructure is not efficient. Shipment of cargo by trucks, directly from the place to the destination, is known as a door to door shipment. Trucks and trains make deliveries to sea and air ports where cargo is moved in bulk, much shipping is done by actual ships. An individual nations fleet and the people that crew it are referred to as its merchant navy or merchant marine, merchant shipping is the lifeblood of the world economy, carrying 90% of international trade with 102,194 commercial ships worldwide. On rivers and canals, barges are used to carry bulk cargo. Cargo was transported by air in specialized cargo aircraft and in the compartments of passenger aircraft. Air freight is typically the fastest mode for long distance freight transport, intermodal freight transport refers to shipments that involve more than one mode. More specifically it refers to the use of intermodal shipping containers that are easily transferred between ship, rail and truck. Common trading terms used in shipping goods internationally include, Free on board –the exporter delivers the goods at the specified location. For example, FOB JNPT means that the exporter delivers the goods to the Jawahar lal Nehru Port, India and this term also declares that where the responsibility of shipper ends and that of buyer starts. The exporter is bound to deliver the goods at his cost, in this case, the freight and other expenses for outbound traffic are borne by the importer. Most of the governments ask their exporters to trade on these terms to promote their exports worldwide such as India, many of the shipping carriers offer guarantees on their delivery times. These are known as GSR guarantees or guaranteed service refunds, if the parcels are not delivered on time, carriage, insurance and freight, Insurance and freight are all paid by the exporter to the specified location. For example, at CIF Los Angeles, the exporter pays the ocean shipping/air freight costs to Los Angeles including the insurance of cargo and this also states that responsibility of the shipper ends at the Los Angeles port. The term best way generally implies that the shipper will choose the carrier who offers the lowest rate for the shipment. In some cases, however, other factors, such as insurance or faster transit time will cause the shipper to choose an option other than the lowest bidder
17.
Hamburg America Line
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The Hamburg-Amerikanische Packetfahrt-Actien-Gesellschaft was a transatlantic shipping enterprise established in Hamburg, Germany, in 1847. On September 1,1970, after 123 years of independent existence, in the early years, the Hamburg America Line exclusively connected European ports with North American ports, such as Hoboken, New Jersey, or New Orleans, Louisiana. With time, however, the established lines to all continents. The company built an ocean liner terminal at Cuxhaven, Germany. Today it serves as a museum and cruise ship terminal, in 1858, its liner Austria sank, killing 449 people. Christian Wilhelm Allers published an account of it as Bakschisch. In 1897, its steamer Arcadia was wrecked on the rocks off Newfoundland, in 1900,1901 and 1903 its liner Deutschland won the Blue Riband taking the prize from the Kaiser Wilhelm der Grosse. In 1906 Prinzessin Victoria Luise ran aground off the coast of Jamaica, no lives were lost by the grounding, however, the ships captain committed suicide after getting all the passengers safely off the ship. In 1912, its liner SS Amerika was the first ship to warn Titanic of icebergs, hAPAGs leader Albert Ballin, believed that safety, size, comfort and luxury would always win out over speed. Thus he conceived the three largest liners yet to be built, named the Imperator, Vaterland and Bismarck, the first two were briefly in service before the First World War. In 1914, the Vaterland was caught in port at Hoboken, New Jersey at the outbreak of World War I and she was seized, renamed Leviathan after the declaration of war on Germany in 1917, and served for the duration and beyond as a troopship. After the war, she was retained by the Americans for war reparations, in 1917, its liner Allemannia was torpedoed by German submarine near Alicante,2 people were lost. In 1939, its liner St. Louis was unable to find a port in Cuba, on April 91940, while German warships attacked Kristiansand, Norway, arrived freighter MS Seattle of HAPAG into the crossfire between German attacking warships and Norwegian coastal artillery. She was shot in fire and sank and her crew were prisoners of war. Hamburg America Line lost almost the entirety of its fleet twice, as a result of World War I, in 1970, the company merged with longtime rival Norddeutscher Lloyd of Bremen to establish the current-day Hapag-Lloyd
18.
Norddeutscher Lloyd
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Norddeutscher Lloyd was a German shipping company. It was founded by Hermann Henrich Meier and Eduard Crüsemann in Bremen on 20 February 1857 and it developed into one of the most important German shipping companies of the late 19th and early 20th centuries, and was instrumental in the economic development of Bremen and Bremerhaven. On 1 September 1970, the merged with Hamburg America Line to form Hapag-Lloyd AG. The new shipping company had no association with the British maritime classification society Lloyds Register, in the mid-19th century, H. H. Meier became NDLs first Chairman of the Supervisory Board, and Crüsemann became the first director of the company. Crüsemann was in charge of both services and passenger transport, which, as a result of emigration, was growing significantly. The company was active in other areas, including tugboats, bathing, insurance. The first office of the company was located at number 13 Martinistraße in Bremen. The company started with a route to England prior to starting a transatlantic service, in 1857, the first ship, the Adler, began regular passenger service between the Weser region and England. On 28 October 1857, it made its voyage from Nordenham to London. Just one year later, regular, scheduled services were started between the new port in Bremerhaven and New York using two 2,674 GRT steamships, the Bremen and the New York. International economic crises made the start of the NDL extremely difficult, in 1867-1868, NDL began a partnership with the Baltimore and Ohio Railroad, which initiated the Baltimore Line, until 1978, this had its own ships. In 1869, Crüsemann died at only 43 years old, from 1877 to 1892, the Director of NDL was Johann Georg Lohmann. He established a new policy for the company, emphasizing fast liners, eventually, however, H. H. Meier and Lohmann fell out over the direction of the company. In 1892, a 5,481 GRT twin-screw steamer, the companys first, was christened the H. H. Meier after the founder, during the Gründerzeit at the beginning of the German Empire, the NDL expanded greatly. Thirteen new ships of the Strassburg class were ordered, a route to the West Indies offered from 1871 to 1874 proved unprofitable, but was followed by a permanent line to the east coast of South America. On the transatlantic route, the HAPAG, the Holland-America Line, beginning in 1881 with the Elbe, eleven fast steamships of from 4500 to 6,900 GRT of the so-called Rivers class, were introduced to serve the North Atlantic trade. In 1885, the NDL won the commission to provide service between the German Empire and Australia and the Far East. It was in fact a requirement of the commission that the ships be built in Germany. 6% of the traffic, NDL was also the carrying more transatlantic passengers to New York than any other company, due to its dominance in steerage, which consisted mostly of immigrants
19.
Mergers and acquisitions
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Mergers and acquisitions are transactions in which the ownership of companies, other business organizations or their operating units are transferred or combined. As an aspect of management, M&A can allow enterprises to grow, shrink. An acquisition or takeover is the purchase of one business or company by company or other business entity. Specific acquisition targets can be identified through a myriad of avenues including market research, trade expos, or sent up from internal business units, such purchase may be of 100%, or nearly 100%, of the assets or ownership equity of the acquired entity. Consolidation occurs when two companies combine to form a new enterprise altogether, and neither of the previous companies remains independently, Acquisitions are divided into private and public acquisitions, depending on whether the acquiree or merging company is or is not listed on a public stock market. Some public companies rely on acquisitions as an important value creation strategy, an additional dimension or categorization consists of whether an acquisition is friendly or hostile. Achieving acquisition success has proven to be difficult, while various studies have shown that 50% of acquisitions were unsuccessful. Serial acquirers appear to be successful with M&A than companies who only make an acquisition occasionally. It is normal for M&A deal communications to take place in a so-called confidentiality bubble wherein the flow of information is restricted pursuant to confidentiality agreements. Hostile acquisitions can, and often do, ultimately become friendly and this usually requires an improvement in the terms of the offer and/or through negotiation. Acquisition usually refers to a purchase of a firm by a larger one. Sometimes, however, a firm will acquire management control of a larger and/or longer-established company. This is known as a reverse takeover, another type of acquisition is the reverse merger, a form of transaction that enables a private company to be publicly listed in a relatively short time frame. A reverse merger occurs when a privately held company buys a publicly listed company, usually one with no business. The overall net effect of M&A transactions appears to be positive, almost all studies report positive returns for the investors in the combined buyer and this implies that M&A creates economic value, presumably by transferring assets to management teams that operate them more efficiently. The buyer buys the assets of the target company, the cash the target receives from the sell-off is paid back to its shareholders by dividend or through liquidation. This type of leaves the target company as an empty shell. A buyer often structures the transaction as a purchase to cherry-pick the assets that it wants and leave out the assets
20.
TUI Group
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TUI Group is a multinational travel and tourism company headquartered in Hanover, Germany. It is the largest leisure, travel and tourism company in the world, the group owns six European airlines - the largest holiday fleet in Europe - and nine tour operators based in Europe. TUI is jointly listed on the Frankfurt Stock Exchange and the London Stock Exchange as a constituent of the FTSE100 Index, the origins of the company lie in the industrial and transportation company, Preussag AG, which was originally formed as a German mining company. It was incorporated on 9 October 1923, as Preußische Bergwerks- und Hütten-Aktiengesellschaft, in 1927 it was merged with the Ruhr coal company, Hibernia AG, and electricity utility to become the Vereinigte Elekrizitäts und Bergwerks AG. With the sale of Salzgitter AG and purchase of the navigation and logistics company Hapag-Lloyd AG in 1997, Preussag AG became an enterprise in the service. In addition the company acquired 25% of Thomas Cook shares in 1997, on 2 February 1999, the Carlson Leisure Group merged with Thomas Cook into a holding company owned by the German bank, Westdeutsche Landesbank, Carlson Inc and Preussag. However, in mid-2000 Preussag acquired Thomas Cooks rival Thomson Travel and was forced to sell its majority 50. 1% stake in Thomas Cook by regulatory authorities and its logistics activities, concentrated in the shipping sector, were kept separate and bundled within Hapag-Lloyd AG. TUI held a 55% stake in the new company, TUI Travel PLC, in June 2014 the company announced it would fully merge with TUI Travel to create a united group with a value of $US9.7 billion. The merger was completed on 17 December 2014 and the business began trading on the Frankfurt. The group airlines operate scheduled and charter flights to more than 150 destinations worldwide departing from more than 60 airports in 9 European countries. TUI Airlines carries millions of travellers and business passengers every year. In May 2015 the TUI Group announced to rebrand its existing five airline brands under one banner in the course of the coming years. TUI Cruises Thomson Cruises Hapag-Lloyd International Expeditions Zegrahm Expeditions TUI sponsored Bundesliga club Hannover 96, the airline branch TUIflys main hub is at Hannover-Langenhagen Airport and it had sponsored the football team since the 2002-2003 season. On 31 March 2011, TUI announced Hannover 96 would be playing with a smile on their chest for another 3 years, as it extended the sponsorship contract. The current sponsor contract ran out, but it made TUI the longest running association with any of the 18 Bundesliga teams, as part of the sponsorship TUI was the shirt sponsor, as well as having had advertisements on the perimeter fencing of the AWD-Arena, Hannovers home stadium. There was also advertising in the stadium, on the billboards by the pitch and banners around the stadium, and TUI will also remain the sponsor of the Hannover 96 Soccer School
21.
Hanover
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At the end of the Napoleonic Wars, the Electorate was enlarged to become a Kingdom with Hanover as its capital. From 1868 to 1946 Hanover was the capital of the Prussian Province of Hanover and it is now the capital of the Land of Lower Saxony. Since 2001 it has been part of the Hanover district, which is a body made up from the former district. With a population of 518,000, Hanover is a centre of Northern Germany. Hanover also hosts annual commercial trade fairs such as the Hanover Fair, every year Hanover hosts the Schützenfest Hannover, the worlds largest marksmens festival, and the Oktoberfest Hannover, the second largest such festival in Germany. In 2000, Hanover hosted the world fair Expo 2000, the Hanover fairground, due to numerous extensions, especially for the Expo 2000, is the largest in the world. Hanover is of importance because of its universities and medical school, its international airport. The city is also a crossing point of railway lines and highways. Hanover is the traditional English spelling, the German spelling is becoming more popular in English, recent editions of encyclopaedias prefer the German spelling, and the local government uses the German spelling on English websites. The traditional English spelling is used in historical contexts, especially when referring to the British House of Hanover. Hanover was founded in times on the east bank of the River Leine. Its original name Honovere may mean high bank, though this is debated, Hanover was a small village of ferrymen and fishermen that became a comparatively large town in the 13th century due to its position at a natural crossroads. As overland travel was difficult, its position on the upper navigable reaches of the river helped it to grow by increasing trade. In the 14th century the churches of Hanover were built. The beginning of industrialization in Germany led to trade in iron and silver from the northern Harz Mountains, in 1636 George, Duke of Brunswick-Lüneburg, ruler of the Brunswick-Lüneburg principality of Calenberg, moved his residence to Hanover. The Dukes of Brunswick-Lüneburg were elevated by the Holy Roman Emperor to the rank of Prince-Elector in 1692, thus the principality was upgraded to the Electorate of Brunswick-Lüneburg, colloquially known as the Electorate of Hanover after Calenbergs capital. Its electors would later become monarchs of Great Britain, the first of these was George I Louis, who acceded to the British throne in 1714. The last British monarch who ruled in Hanover was William IV, semi-Salic law, which required succession by the male line if possible, forbade the accession of Queen Victoria in Hanover
22.
Albert Ballin
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Being the inventor of the concept of the cruise ship, he is known as the father of modern cruise ship travel. The SS Auguste Viktoria, named after the German Empress Augusta Victoria of Schleswig-Holstein, was the first modern ship in the world. She sailed on May 10,1889 from Hamburg to New York City via Southampton, two years later, she went on the worlds first Mediterranean cruise. The island is now the BallinStadt Museum, in 1913, HAPAG owned three of the worlds biggest cruise liners but they were all seized as part of the war reparations. Facing the loss of his companys ships after World War I, World War II once again led to the companys loss of ocean-going ships and global market positions. In the post-war years, HAPAG rebuilt its fleet and focused on cargo container transport, in 1970, the container shipping companies HAPAG and North German Lloyd merged into Hapag-Lloyd AG to form one of the worlds biggest container shipping companies. In 2008, Hapag-Lloyd was acquired by the City of Hamburg and a group of private investors and his father was part owner of an emigration agency that arranged passages to the United States, and when he died in 1874, young Albert took over the business. He developed it into an independent shipping line, saving costs by carrying cargo on the trip from the US. This brought him to the attention of the Hamburg America Line, the hired him in 1886. Although extremely successful in developing the business, as a Jew, and only being the director, nevertheless, he was respected and admired by the Kaiser Wilhelm II and was designated as being hoffähig an honor given to few by Wilhelm. Ballins home in Hamburg, which houses the UNESCO Institute for Lifelong Learning, has a suite of rooms that were built specifically for the Kaiser. Many different ship companies began to include ocean liners among their fleets, to add luxury, the competitors initially sniggered at Ballin, who organized and supervised the voyage personally, but the project was a huge success. It was the very first cruise ship, one exclusively tailored for the needs of well-to-do passengers, Ballin further expanded the fleet in 1900 when he acquired fourteen steamships from A. C. de Freitas & Co. Ballin would take these improvements in hand and make sure that they would be placed on both his current and future liners, Ballin acted as mediator between the United Kingdom and the German Empire in the tense years prior to the outbreak of World War I. Consequently, the outbreak of war deeply disillusioned him, many of the Hamburg-America Lines ships were lost or suffered considerable damage during the hostilities. Ballins fears were soon to be realized, the companys flagships, the triumvirate SS Imperator, SS Vaterland and SS Bismarck were ceded as war prizes to Great Britain, the SS Albert Ballin was named in his honor, as is the Ballindamm, a street in central Hamburg. A postage stamp was issued by the Deutsche Bundespost in 1957 in commemoration of Ballins 100th birthday
23.
CP Ships
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CP Ships was a large Canadian shipping company established in the 19th century. From the late 1880s until after World War II, the company was Canadas largest operator of Atlantic and Pacific steamships, many immigrants travelled on CP ships from Europe to Canada. The sinking of the steamship RMS Empress of Ireland was the largest maritime disaster in Canadian history, the company provided Canadian Merchant Navy vessels in World Wars I and II. Twelve vessels were lost due to action in World War II including the largest ship sunk by a German U-Boat. The company moved to a model of container shipping from passenger, freight, the company was a part of the Canadian Pacific Ltd. conglomerate. It was spun out as a company in 2001. In 2005, it was purchased by TUI AG and is now part of the companys Hapag-Lloyd division, in the early 1880s, the Canadian Pacific Railway negotiated with the Government of the United Kingdom to establish a trans-Pacific steamship routes between Vancouver and the Far East. The trans-Pacific services of Canadian Pacific were begun by Sir William Cornelius Van Horne, in that year, Sir William chartered three vessels from Cunard Line, the SS Abyssinia, the SS Parthia, and the SS Batavia—as a beginning of the CP fleet. The agency for chartering and managing the ships was secured by Adamson, Bell, when the new shipping line had shown to be profitable, Canadian Pacific decided not to renew the contract with Adamson, Bell and Company and to run the line itself. In 1891, CPR adopted a new name — the Canadian Pacific Steamship Company, the CPSC became one of the many shipping companies operating in and out of Liverpool. The company expanded as people emigrating from Europe to North America provided a number of passengers. As with other shipping companies, CPSC had larger ships built to cope with the demand and this service provided a link for CPRs transcontinental railroad passenger and freight services. Passengers could travel from England to Eastern Canada, travel across the railway to Vancouver, during 1887, temporary steamship service was initiated on a Vancouver-Yokohama-Hong Kong route. An 11-foot scale model of the ship was put on display in Canadian Pacifics New York offices, in 1915, CP changed the name of its shipping business to Canadian Pacific Steamships Ocean Services Ltd. In 1891, CPR and the British government reached agreement on a contract for subsidized mail service between Britain and Hong Kong via Canada. The route began to be serviced by three specially designed Empress liners—the RMS Empress of China, the RMS Empress of India and the RMS Empress of Japan, each of these Empress steamships sailed regularly in the period from 1891 through 1912. In that year, the Empress of China struck a reef near Tokyo, Empress of India would continue in service through 1914. The RMS Empress of Japan sailed regularly from 1891 through 1922 and these three ships and the others which comprised the Empress fleet carried mail, passengers, and freight speedily across the Pacific for over half a century
24.
Atlantic Ocean
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The Atlantic Ocean is the second largest of the worlds oceans with a total area of about 106,460,000 square kilometres. It covers approximately 20 percent of the Earths surface and about 29 percent of its surface area. It separates the Old World from the New World, the Atlantic Ocean occupies an elongated, S-shaped basin extending longitudinally between Eurasia and Africa to the east, and the Americas to the west. The Equatorial Counter Current subdivides it into the North Atlantic Ocean, in contrast, the term Atlantic originally referred specifically to the Atlas Mountains in Morocco and the sea off the Strait of Gibraltar and the North African coast. The Greek word thalassa has been reused by scientists for the huge Panthalassa ocean that surrounded the supercontinent Pangaea hundreds of years ago. The term Aethiopian Ocean, derived from Ancient Ethiopia, was applied to the Southern Atlantic as late as the mid-19th century, many Irish or British people refer to the United States and Canada as across the pond, and vice versa. The Black Atlantic refers to the role of ocean in shaping black peoples history. Irish migration to the US is meant when the term The Green Atlantic is used, the term Red Atlantic has been used in reference to the Marxian concept of an Atlantic working class, as well as to the Atlantic experience of indigenous Americans. Correspondingly, the extent and number of oceans and seas varies, the Atlantic Ocean is bounded on the west by North and South America. It connects to the Arctic Ocean through the Denmark Strait, Greenland Sea, Norwegian Sea, to the east, the boundaries of the ocean proper are Europe, the Strait of Gibraltar and Africa. In the southeast, the Atlantic merges into the Indian Ocean, the 20° East meridian, running south from Cape Agulhas to Antarctica defines its border. In the 1953 definition it extends south to Antarctica, while in later maps it is bounded at the 60° parallel by the Southern Ocean, the Atlantic has irregular coasts indented by numerous bays, gulfs, and seas. Including these marginal seas the coast line of the Atlantic measures 111,866 km compared to 135,663 km for the Pacific. Including its marginal seas, the Atlantic covers an area of 106,460,000 km2 or 23. 5% of the ocean and has a volume of 310,410,900 km3 or 23. 3%. Excluding its marginal seas, the Atlantic covers 81,760,000 km2 and has a volume of 305,811,900 km3, the North Atlantic covers 41,490,000 km2 and the South Atlantic 40,270,000 km2. The average depth is 3,646 m and the maximum depth, the bathymetry of the Atlantic is dominated by a submarine mountain range called the Mid-Atlantic Ridge. It runs from 87°N or 300 km south of the North Pole to the subantarctic Bouvet Island at 42°S, the MAR divides the Atlantic longitudinally into two halves, in each of which a series of basins are delimited by secondary, transverse ridges. The MAR reaches above 2000 m along most of its length, the MAR is a barrier for bottom water, but at these two transform faults deep water currents can pass from one side to the other
25.
SS Imperator
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SS Imperator was an ocean liner built for the Hamburg America Line, launched in 1912. Upon launch, she surpassed the just completed RMS Titanic by 24 ft and she was the first of a trio of successively larger Hamburg America ships that included SS Vaterland and SS Bismarck built by the line for transatlantic passenger service. At the time of her completion in June 1913, she was the largest passenger ship in the world, surpassing Titanics sister ship, during World War I, the ship remained in port in Hamburg. After the war, she was commissioned into the United States Navy as USS Imperator and employed as a transport. Following her U. S. Navy service, Imperator was handed over to Britains Cunard Line as part of war reparations, the first plates of her keel were laid in 1910 at the Vulcan Shipyards in Hamburg, Germany, and made her maiden voyage in 1913. At 51,680 gross tons, Imperator was the largest ship in the world until Vaterland sailed in May 1914. Before her launch on 23 May 1912, Cunard announced that their new ship, RMS Aquitania, which was under construction at the time at the John Brown shipyards in Glasgow, would be longer by one foot. The eagles wings were torn off in an Atlantic storm during the 1914 season. On her initial sea trials, the ship ran aground on the Elbe river due to insufficient dredging, on her official trials, she suffered overheating of the turbines and some stability issues were discovered. The trials were abandoned and the builders were called in to carry out emergency work. At the same time, the cruise for the Kaiser was cancelled. On the way, she stopped at Southampton and Cherbourg before proceeding across the Atlantic to New York, arriving on 19 June 1913. On board were 4,986, consisting of 859 first-class passengers,647 second-class passengers,648 third-class passengers,1,495 in the steerage, the ship returned to Europe from Hoboken, New Jersey on 25 June 1913. In October 1913, Imperator returned to the Vulkan shipyard to facilitate drastic work to improve her handling and stability, to correct the problem, the marble bathroom suites in first class were removed and heavy furniture was replaced with lightweight wicker cane. The ships funnels were reduced in height by 9.8 ft. Finally,2,000 tons of cement was poured into the double bottom as ballast. This work cost £200,000, which had to be borne by the shipyard as part of their five-year warranty to the shipowners. At the same time, a fire sprinkler system was fitted throughout the ship. During the 1914 refit of Imperator, Commodore Ruser handed over command of the ship to Captain Theo Kier and left to command of the new larger flagship Vaterland
26.
SS Leviathan
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SS Leviathan, originally built as Vaterland, was an ocean liner which regularly crossed the North Atlantic from 1914 to 1934. In 1917, she was seized by the U. S. government and she would become known by this name for the majority of her career, both as a troopship during World War I and later as the flagship of the United States Lines. Vaterland had made only a few trips when, in late July 1914, with a safe return to Germany rendered questionable by British dominance of the seas, she was laid up at her Hoboken, NJ, terminal and remained immobile for nearly three years. Redesignated SP-1326 and renamed Leviathan by President Woodrow Wilson on 6 September 1917, upon her return later that month, she reported for duty with the Cruiser and Transport Force. In December she took troops to Liverpool, England, but repairs delayed her return to the U. S. until mid-February 1918, a second trip to Liverpool in March was followed by more repairs. At that time she was repainted with the British-type dazzle camouflage scheme that she carried for the rest of the war. With the completion of work, Leviathan began regular passages between the U. S. and Brest, France, delivering up to 14,000 persons on each trip. Once experience in embarking troops was gained 11,000 troops could board the ship in two hours, before the armistice 11 November 1918 the ship transported over 119,000 fighting men. Amongst the ships US Navy crew during this period was future film star Humphrey Bogart, Bogart served as the Chief Quartermaster, the senior enlisted man of the Navigation Division, and in that role was on the helm whenever she sailed into or out of harbor. On 29 October 1919, USS Leviathan was decommissioned and turned over to the U. S, Shipping Board and again laid up at Hoboken until plans for her future employment could be determined. Shipping Board was by the end of the war encumbered with surplus tonnage, on 17 December 1919 the International Mercantile Marine signed an agreement to maintain their intended acquisition until a final decision could be made. The Gibbs Brothers Inc. M. M, riding on nationalistic sentiment to stop the deal, the Gibbs brothers were allowed to continue by the Shipping Board even as the deal fell through, their first big task being the creation of a new set of blueprints. None had been received from Germany under the Versailles Treaty and the price was deemed outrageous, instead an army of workers measured every part of the ship until a new set of prints had been made. The decorations and fittings, designed by New York architects Walker & Gillette, retained much of her prewar splendor of Edwardian, Georgian, the biggest deviation was an art deco night club supplanting the original Verandah Cafe. And in June 1923 she was back to the Shipping Board. Leviathans measured tonnage had increased to 59,956.65 GRT, thanks in part to Gibbs clever accounting and the Gulf stream, she had become the worlds largest and fastest ship. By this time United States Lines, which had interested I. M. M, had been sold, the Gibbs Brothers Inc would run her for her first voyages and train the crew until ownership officially changed hands. She immediately proved popular with the American public in the 20s and her passenger average reached a strong 1,300 by 1926, making her the #1 traveled ship on the Atlantic, but given her capacity of 3,000 it was too little to be profitable
27.
RMS Majestic (1914)
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RMS Majestic was a White Star ocean liner working on the North Atlantic run, originally launched in 1914 as the Hamburg America Line liner SS Bismarck. At 56,551 gross register tons, she was the largest ship in the world until completion of SS Normandie in 1935, the third and largest member of German HAPAG Lines trio of transatlantic liners, her completion was delayed by World War I. She never sailed under the German flag except on her sea trials in 1922, following the war, she was finished by her German builders, handed over to the allies as war reparations and became the White Star Line flagship Majestic. She was the second White Star ship to bear the name and she served successfully throughout the 1920s but the onset of the Great Depression made her increasingly unprofitable. She managed to struggle through the first half of the 1930s before being sold off for scrapping to Thos W Ward and she was taken possession of by the British Admiralty before demolition commenced after an agreement was reached with White Star and Thomas Ward. She served the Royal Navy as the training ship HMS Caledonia before catching fire in 1939 and she was subsequently raised and scrapped in 1943. Bismarck was built by the Blohm & Voss shipbuilders in Hamburg and she was laid down in 1913 and launched on 20 June 1914 by Countess Hanna von Bismarck, the granddaughter of the 19th century German Chancellor Otto von Bismarck. During the launching ceremony Countess Bismarck had difficulty breaking the bottle of champagne herself, the ship was to have been the flagship of the Hamburg America Line and the final of Albert Ballins Big Three. Aquitania was actually 50 feet shorter than both Vaterland and Bismarck, though Bismarck was third of the Big Three, she was most similar to her immediate predecessor SS Vaterland and was essentially a slightly enlarged version of that ship. There were significant differences between her and the first of the three, SS Imperator, Bismarck had an overall length of 956.0 ft, a breadth of 100.1 ft and according to her British registration papers a gross tonnage of 56,551 tons. Excluding the tank-top, there were 11 decks ranging from Deck-A to Deck-L, decks J and K were only present at the ends of ship. Transversely the ship was divided into 14 watertight compartments, like her sister Vaterland, the boiler uptakes instead of coming up through the centre of the ships width, were divided in two and came up on opposite sides of the ships centre line. The immediate effect was to allow the allocation of public rooms of unprecedented length. Traditionally the boiler uptakes ended up in the middle of public rooms and were considered a major obstacle to well proportioned rooms. Bismarck was propelled by a set of quadruple screws driven by four direct drive Parsons turbines, the port centre propeller shaft was driven by a high-pressure turbine, which exhausted to an intermediate pressure turbine that drove the starboard centre shaft. These two turbines were located in the watertight compartment. Exhaust from the turbine was divided equally and fed into two low-pressure turbines on the outer shafts located in a separate compartment aft. The steam turbines generated approximately 66,000 shaft horsepower when running at 180 rpm, each one of the low-pressure turbines weighed 375 tons
28.
World War I
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World War I, also known as the First World War, the Great War, or the War to End All Wars, was a global war originating in Europe that lasted from 28 July 1914 to 11 November 1918. More than 70 million military personnel, including 60 million Europeans, were mobilised in one of the largest wars in history and it was one of the deadliest conflicts in history, and paved the way for major political changes, including revolutions in many of the nations involved. The war drew in all the worlds great powers, assembled in two opposing alliances, the Allies versus the Central Powers of Germany and Austria-Hungary. These alliances were reorganised and expanded as more nations entered the war, Italy, Japan, the trigger for the war was the assassination of Archduke Franz Ferdinand of Austria, heir to the throne of Austria-Hungary, by Yugoslav nationalist Gavrilo Princip in Sarajevo on 28 June 1914. This set off a crisis when Austria-Hungary delivered an ultimatum to the Kingdom of Serbia. Within weeks, the powers were at war and the conflict soon spread around the world. On 25 July Russia began mobilisation and on 28 July, the Austro-Hungarians declared war on Serbia, Germany presented an ultimatum to Russia to demobilise, and when this was refused, declared war on Russia on 1 August. Germany then invaded neutral Belgium and Luxembourg before moving towards France, after the German march on Paris was halted, what became known as the Western Front settled into a battle of attrition, with a trench line that changed little until 1917. On the Eastern Front, the Russian army was successful against the Austro-Hungarians, in November 1914, the Ottoman Empire joined the Central Powers, opening fronts in the Caucasus, Mesopotamia and the Sinai. In 1915, Italy joined the Allies and Bulgaria joined the Central Powers, Romania joined the Allies in 1916, after a stunning German offensive along the Western Front in the spring of 1918, the Allies rallied and drove back the Germans in a series of successful offensives. By the end of the war or soon after, the German Empire, Russian Empire, Austro-Hungarian Empire, national borders were redrawn, with several independent nations restored or created, and Germanys colonies were parceled out among the victors. During the Paris Peace Conference of 1919, the Big Four imposed their terms in a series of treaties, the League of Nations was formed with the aim of preventing any repetition of such a conflict. This effort failed, and economic depression, renewed nationalism, weakened successor states, and feelings of humiliation eventually contributed to World War II. From the time of its start until the approach of World War II, at the time, it was also sometimes called the war to end war or the war to end all wars due to its then-unparalleled scale and devastation. In Canada, Macleans magazine in October 1914 wrote, Some wars name themselves, during the interwar period, the war was most often called the World War and the Great War in English-speaking countries. Will become the first world war in the sense of the word. These began in 1815, with the Holy Alliance between Prussia, Russia, and Austria, when Germany was united in 1871, Prussia became part of the new German nation. Soon after, in October 1873, German Chancellor Otto von Bismarck negotiated the League of the Three Emperors between the monarchs of Austria-Hungary, Russia and Germany
29.
White Star Line
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The Oceanic Steam Navigation Company or White Star Line of Boston Packers, more commonly known as just White Star Line, was a prominent British shipping company. Founded in 1845, the line operated a fleet of ships that sailed between Britain and Australia. Today it is most famous for their innovative vessel Oceanic of 1870, in 1934, White Star merged with its chief rival, Cunard Line, which operated as Cunard-White Star Line until 1950. Cunard Line then operated as an entity until 2005 and is now part of Carnival Corporation & plc. As a lasting reminder of the White Star Line, modern Cunard ships use the term White Star Service to describe the level of customer care expected of the company. The first company bearing the name White Star Line was founded in Liverpool, England, by John Pilkington and it focused on the UK–Australia trade, which increased following the discovery of gold in Australia. The fleet initially consisted of the sailing ships RMS Tayleur, Blue Jacket, White Star, Red Jacket, Ellen, Ben Nevis, Emma, Mermaid. Tayleur, the largest ship of its day, wrecked on its voyage to Australia at Lambay Island, near Ireland. In 1863, the company acquired its first steamship, Royal Standard, the original White Star Line merged with two other small lines, The Black Ball Line and The Eagle Line, to form a conglomerate, the Liverpool, Melbourne and Oriental Steam Navigation Company Limited. This did not prosper and White Star broke away, White Star concentrated on Liverpool to New York City services. Heavy investment in new ships was financed by borrowing, but the companys bank, White Star was left with an incredible debt of £527,000, and was forced into bankruptcy. Ismay established the headquarters at Albion House, Liverpool. Ismay was approached by Gustav Christian Schwabe, a prominent Liverpool merchant, and his nephew, Schwabe offered to finance the new line if Ismay had his ships built by Wolffs company, Harland and Wolff. Ismay agreed, and a partnership with Harland and Wolff was established, the shipbuilders received their first orders on 30 July 1869. The agreement was that Harland and Wolff would build the ships at cost plus a fixed percentage, in 1870, William Imrie joined the managing company. As the first ship was being commissioned, Ismay formed the Oceanic Steam Navigation Company to operate the steamers under construction, White Star began with six ships of the Oceanic class, Oceanic, Atlantic, Baltic, and Republic, followed by the slightly larger Celtic and Adriatic. White Star began operating again in 1871 between New York and Liverpool and it has long been customary for many shipping lines to have a common theme for the names of their ships. White Star gave their ships names ending in -ic, such as Titanic, the first substantial loss for the company came only four years after its founding, occurring in 1873 with the sinking of the SS Atlantic and the loss of 535 lives near Halifax, Nova Scotia
30.
World War II
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World War II, also known as the Second World War, was a global war that lasted from 1939 to 1945, although related conflicts began earlier. It involved the vast majority of the worlds countries—including all of the great powers—eventually forming two opposing alliances, the Allies and the Axis. It was the most widespread war in history, and directly involved more than 100 million people from over 30 countries. Marked by mass deaths of civilians, including the Holocaust and the bombing of industrial and population centres. These made World War II the deadliest conflict in human history, from late 1939 to early 1941, in a series of campaigns and treaties, Germany conquered or controlled much of continental Europe, and formed the Axis alliance with Italy and Japan. Under the Molotov–Ribbentrop Pact of August 1939, Germany and the Soviet Union partitioned and annexed territories of their European neighbours, Poland, Finland, Romania and the Baltic states. In December 1941, Japan attacked the United States and European colonies in the Pacific Ocean, and quickly conquered much of the Western Pacific. The Axis advance halted in 1942 when Japan lost the critical Battle of Midway, near Hawaii, in 1944, the Western Allies invaded German-occupied France, while the Soviet Union regained all of its territorial losses and invaded Germany and its allies. During 1944 and 1945 the Japanese suffered major reverses in mainland Asia in South Central China and Burma, while the Allies crippled the Japanese Navy, thus ended the war in Asia, cementing the total victory of the Allies. World War II altered the political alignment and social structure of the world, the United Nations was established to foster international co-operation and prevent future conflicts. The victorious great powers—the United States, the Soviet Union, China, the United Kingdom, the Soviet Union and the United States emerged as rival superpowers, setting the stage for the Cold War, which lasted for the next 46 years. Meanwhile, the influence of European great powers waned, while the decolonisation of Asia, most countries whose industries had been damaged moved towards economic recovery. Political integration, especially in Europe, emerged as an effort to end pre-war enmities, the start of the war in Europe is generally held to be 1 September 1939, beginning with the German invasion of Poland, Britain and France declared war on Germany two days later. The dates for the beginning of war in the Pacific include the start of the Second Sino-Japanese War on 7 July 1937, or even the Japanese invasion of Manchuria on 19 September 1931. Others follow the British historian A. J. P. Taylor, who held that the Sino-Japanese War and war in Europe and its colonies occurred simultaneously and this article uses the conventional dating. Other starting dates sometimes used for World War II include the Italian invasion of Abyssinia on 3 October 1935. The British historian Antony Beevor views the beginning of World War II as the Battles of Khalkhin Gol fought between Japan and the forces of Mongolia and the Soviet Union from May to September 1939, the exact date of the wars end is also not universally agreed upon. It was generally accepted at the time that the war ended with the armistice of 14 August 1945, rather than the formal surrender of Japan
31.
1900 Hoboken Docks fire
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The 1900 Hoboken Docks fire occurred on June 30,1900, and killed at least 326 persons in and around the Hoboken, New Jersey piers of the Norddeutscher Lloyd shipping company. The piers were located in New York Harbor, at the foot of 3rd and 4th Streets in Hoboken, the area, a few blocks north of Hoboken Terminal, is now mostly part of the Hudson River, without docks, a waterfront bicycle path lines it. There is, however, a Pier C Park on the side of the disaster area. It burned NDL’s Hoboken piers to the waterline, consumed or gutted nearby warehouses, most of the victims were seamen and other workers, but included women visiting one of the ships. Many of the deaths occurred as the flames reached several of NDL’s transatlantic steamships docked at the piers, including the Saale, Main, Saale was gutted, with the highest death toll. After she became engulfed in flames, her lines were cut. Finally towed after she drifted toward New York piers, she settled in the Jersey flats near Liberty Island and her death toll included her captain, and members of a group known as Christian Endeavor, who were visiting the ship before the fire started. Main was furthest from the starting point, but was soon engulfed with fire. She was unable to get loose from her moorings for more than seven hours, damaged nearly beyond repair, Main was ultimately towed to Weehawken, New Jersey, where she was beached. Amazingly,16 coal trimmers who had survived the fire hiding in a coal bunker then crawled out of the hulk, two days after the fire began, the red-hot ship continued to smolder and smoke, which further delayed rescue and recovery efforts. After her crew threw off her lines, she drifted until she was towed to mid-stream by tugs. She eventually ran aground upriver near Weehawken, more than 200 people were on board when the fire began, including visitors. Initial reports indicated that all managed to leave the ship, but many jumped, many who died in the fires were interred at the Flower Hill Cemetery, North Bergen. The holder of the Blue Riband at the time of the fire— NDL’s Kaiser Wilhelm der Grosse—was also docked in the company’s Hoboken piers and she was the first of the steamers that tugs tried to pull away from the pier. Although she was afire at several places, fireboats soon put out those fires, the fire erupted on a Saturday that was considered a “half-holiday” when no departures were scheduled. Had any of the ships ready to sail, the loss of life. The fire also destroyed several Campbell Stores warehouses, built by the Hoboken Land & Improvement Company, the piers of the Scandinavian America Line. According to the New York Times the railroad shed belonged to West Shore Railroad, a shed of Hamburg America Line was partly chopped down during the fire by the fire service to avoid spreading of the fire to the Hamburg America Line piers
32.
SS Bremen (1928)
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SS Bremen was a German-built ocean liner constructed for the Norddeutscher Lloyd line to work the transatlantic sea route. Bremen was notable for her bulbous bow construction, high-speed engines, at the time of her construction, she and her sister ship Europa were the two most advanced high-speed steam turbine ocean liners of their day. The German pair sparked an international competition in the building of large, fast, luxurious ocean liners that were national symbols and she held the Blue Riband, and was the fourth ship of NDL to carry the name Bremen. Also known as TS Bremen - for Turbine Ship - Bremen and her sister were designed to have a speed of 27.5 knots. This speed enabled Norddeutscher Lloyd to run regular weekly crossings with two ships, a feat that required three. It was claimed that Bremen briefly reached speeds of 32 knots during her sea trials, Bremen was built by the new German shipbuilding company Deutsche Schiff- und Maschinenbau. She was built from 7,000 tons of steel of 52 kg/mm². She was also the first commercial ship to be designed with the Taylor bulbous bow, though bulbous bows of different types had appeared on merchant vessels. She was launched at Bremen during the afternoon of Thursday,16 August 1928 by President Paul von Hindenburg, SS Bremen and her sister ship Europa were considered for their time as the most modern liners in the world. The high speeds and the comfort and luxury level on board made high demands of technical personnel, each ship required an engineering crew of some 170 men. As on her sister ship Europa, Bremen had a catapult on the deck between the two funnels with a small seaplane, which facilitated faster mail service. The airplane was launched from the several hours before arrival. The boiler and the equipment were designed by Professor Dr. Gustav Bauer. Bremen had four airtight boiler rooms, the combustion air for the oil burners of the boilers was blown into the boiler rooms by eight steam turbine blowers. The resulting positive pressure meant that the rooms were only accessible through airlocks. The steam was generated in 20 oil-fired water tube boilers, eleven double-enders, the operating pressure was 23 atm =24 bar with a steam temperature at the superheater discharge of 370 °C. The maximum steam generating capacity was 500 tons/h, for harbour operation three boilers with their own blower were available, so that during work periods the main boiler airlocks could remain open. The total heating surface amounted to 17,050 m2, the superheater surface 3,875 m2 and the air preheater surface 8,786 m2
33.
SS Europa (1928)
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SS Europa, later SS Liberté, IMO5607332, was a German ocean liner built for the Norddeutsche Lloyd line to work the transatlantic sea route. She and her ship, Bremen, were the two most advanced, high-speed steam turbine ocean vessels in their day, and were a part of the international competition for the Blue Riband. Europa was built in 1929 with her sister ship SS Bremen to be the second 50 and they both were powered with advanced high-speed steam turbine engines and were built with a bulbous bow entry and a low streamlined profile. Europa and her larger sister ship were designed to have a cruising speed of 27.5 knots. This enabled Norddeutsche Lloyd to run regular weekly crossings with two ships, a feat that required three. The launching of Europa took place at Blohm & Voss shipyard, Hamburg on Wednesday, Europa was intended to be completed in spring 1929. However, on the morning of 26 March 1929, a fire broke out while still at the equipment dock, the fire raged all day long and it was not until the evening when the fire was under control. The ships turbines were damaged heavily and also the remainder of the ship had been significantly damaged, after long discussions between builder and shipping company, it was decided to repair the ship. Within eleven months the ship was finished and completed on February 22,1930, the cause of the fire has never been clearly identified. Europa made her maiden voyage to New York on 19 March 1930 taking the westbound Blue Riband from SS Bremen with the speed of 27.91 knots. During the voyage many of her passengers were disturbed by the coming out of Europas low funnels. The problem was corrected by raising the funnels by 15 feet, after they were raised, there were no more complaints. She held it until Bremen recaptured it in June 1933, like Bremen, Europa had a small seaplane launched from a catapult on her upper deck between the funnels. The airplane flew from the ship to a landing at the port in Blexen. The pilots and technicians gained experience later applied to equipping German warships with on-board aircraft, the catapult was removed from both Bremen and Europa after a few years of service, because it was too expensive and complex. Europa was inactive for most of World War II, there were plans to use her as a transport in Operation Sea Lion, the intended invasion of Great Britain, and later conversion to an aircraft carrier. None of these came to pass, and in 1945, she was captured by the Allies and used as a troopship. The United States claimed the ship as a war prize on 8 May 1945 and gave the vessel to the US Navy, which commissioned Europa 25 August 1945 with Captain B. F. Perry in command
34.
Bremen
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The City Municipality of Bremen is a Hanseatic city in northwestern Germany, which belongs to the state Free Hanseatic City of Bremen. As a commercial and industrial city with a port on the River Weser, Bremen is part of the Bremen/Oldenburg Metropolitan Region. Bremen is the second most populous city in Northern Germany and eleventh in Germany, Bremen is a major cultural and economic hub in the northern regions of Germany. Bremen is home to dozens of galleries and museums, ranging from historical sculptures to major art museums. Bremen has a reputation as a working class city, along with this, Bremen is home to a large number of multinational companies and manufacturing centers. Companies headquartered in Bremen include the Hachez chocolate company and Vector Foiltec, four-time German football champions Werder Bremen are also based in the city. Bremen is some 60 km south from the Weser mouth on the North Sea, with Bremerhaven right on the mouth the two comprise the state of the Free Hanseatic City of Bremen. The marshes and moraines near Bremen have been settled since about 12,000 BC, burial places and settlements in Bremen-Mahndorf and Bremen-Osterholz date back to the 7th century AD. Since The Renaissance, some scientists have believed that the entry Fabiranum or Phabiranon in Ptolemys Fourth Map of Europe, written in 150 AD, but Ptolemy gives geographic coordinates, and by these dates Phabiranon is situated northeast of the mouth of river Visurgis. At that time the Chauci lived in the now called north-western Germany or Lower Saxony. By the end of the 3rd century, they had merged with the Saxons, during the Saxon Wars the Saxons, led by Widukind, fought against the West Germanic Franks, the founders of the Carolingian Empire, and lost the war. Charlemagne, the King of the Franks, made a new law, the Lex Saxonum which stated that Saxons were not allowed to worship Odin, in 787 Willehad of Bremen became the first Bishop of Bremen. The citys first stone walls were built in 1032, around this time trade with Norway, England and the northern Netherlands began to grow, thus increasing the importance of the city. The city was recognised as an entity with its own laws. Property was to be inherited without feudal claims for reversion to its original owner. This privilege laid the foundation for Bremens later status of imperial immediacy, since the city was the major taxpayer, its consent was generally sought. In this way the city wielded fiscal and political power within the Prince-Archbishopric, in 1260 Bremen joined the Hanseatic League. In 1350, the number of inhabitants reached 20,000, around this time the Hansekogge became a unique product of Bremen
35.
Hoboken, New Jersey
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Hoboken is a city in Hudson County, New Jersey, United States. Hoboken is part of the New York metropolitan area and is the site of Hoboken Terminal, Hoboken was first settled as part of the Pavonia, New Netherland colony in the 17th century. During the early 19th century the city was developed by Colonel John Stevens, first as a resort and it became a township in 1849 and was incorporated as a city in 1855. Hoboken is the location of the first recorded game of baseball and of the Stevens Institute of Technology, located on the Hudson Waterfront, the city was an integral part of the Port of New York and New Jersey and home to major industries for most of the 20th century. The character of the city has changed from a blue collar town to one of upscale shops, the name Hoboken was chosen by Colonel John Stevens when he bought land, on a part of which the city still sits. Like Weehawken, its neighbor to the north, Communipaw and Harsimus to the south, Hoebuck, old Dutch for high bluff and likely referring to Castle Point, was used during the colonial era and later spelled as Hobuck, Hobock, Hobuk and Hoboocken. The origin of Hobokens name was not related to the Hoboken district of Antwerp, however, in the nineteenth century, a folk etymology had emerged linking the town of to the similarly-named Flemish town. Hoboken was originally an island, surrounded by the Hudson River on the east and it was a seasonal campsite in the territory of the Hackensack, a phratry of the Lenni Lenape, who used the serpentine rock found there to carve pipes. Soon after it part of the province of New Netherland. Three Lenape sold the land that was to become Hoboken for 80 fathoms of wampum,20 fathoms of cloth,12 kettles, six guns and these transactions, variously dated as July 12,1630 and November 22,1630, represent the earliest known conveyance for the area. Pauw failed to settle the land, and he was obliged to sell his holdings back to the Company in 1633 and it was later acquired by Hendrick Van Vorst, who leased part of the land to Aert Van Putten, a farmer. In 1643, north of what would be known as Castle Point, Van Putten built a house. In series of Indian and Dutch raids and reprisals, Van Putten was killed and his buildings destroyed, deteriorating relations with the Lenape, its isolation as an island, or relatively long distance from New Amsterdam may have discouraged more settlement. In 1664, the English took possession of New Amsterdam with little or no resistance, english-speaking settlers interspersed with the Dutch, but it remained scarcely populated and agrarian. At the end of the Revolutionary War, Bayards property was confiscated by the Revolutionary Government of New Jersey, in 1784, the land described as William Bayards farm at Hoebuck was bought at auction by Colonel John Stevens for £18,360. In the early 19th century, Colonel John Stevens developed the waterfront as a resort for Manhattanites, on October 11,1811, Stevens ship the Juliana, began to operate as a ferry between Manhattan and Hoboken, making it the worlds first commercial steam ferry. In 1825, he designed and built a locomotive capable of hauling several passenger cars at his estate. Sybils Cave, a cave with a spring, was opened in 1832
36.
Murmansk
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The city is named for the Murman Coast, Murman is itself an older Russian term for Norwegians. Although Murmansks population is in decline—299,148,307, 257 ,336, 137 ,468, Murmansk was the last city founded in the Russian Empire. On June 29,1916, Russian Transport Minister Alexander Trepov petitioned to grant urban status to the railway settlement, on July 6,1916, the petition was approved and the town was named Romanov-on-Murman, after the imperial Russian dynasty of Romanovs. On September 21,1916, the ceremony was performed. After the February Revolution of 1917, on April 3,1917, in the winter of 1917 the British North Russia Squadron under Rear Admiral Thomas Kemp was established at Murmansk. From 1918 to 1920, during the Russian Civil War, the town was occupied by the Western powers, who had allied in World War I. On February 13,1926, local self-government was organized in Murmansk for the first time, during a session of the Murmansk City Soviet. Prior to this, the city was governed by the authorities of Alexandrovsky Uyezd, while this plan was not confirmed by the Leningrad Oblast Executive Committee, in 1935–1937 several rural localities of Kolsky and Polyarny Districts were merged into Murmansk anyway. According to the Presidium of the Leningrad Oblast Executive Committee resolution of February 26,1935, however, the provisions of the resolution were not fully implemented, and due to military construction in Polyarnoye, the administrative center was instead moved to Murmansk in the beginning of 1935. In addition to being the center of Murmansk Okrug, Murmansk also continued to serve as the administrative center of Polyarny District until September 11,1938. This status was retained when Murmansk Okrug was transformed into Murmansk Oblast on May 28,1938, the supplies were brought to the city in the Arctic convoys. For the rest of the war, Murmansk served as a point for weapons. This unyielding, stoic resistance was commemorated at the 40th anniversary of the victory over the Germans in the designation of Murmansk as a Hero City on May 6,1985. During the Cold War Murmansk was a center of Soviet submarine, after the dissolution of the Soviet Union, the nearby city and naval base of Severomorsk remains the headquarters of the Russian Northern Fleet. In 1974, a massive 35. 5-meter tall statue Alyosha, in 1984, the Hotel Arctic, now known as Azimut Hotel Murmansk, opened and became the tallest building above the Arctic Circle. Within the framework of administrative divisions, it is incorporated as the City of Murmansk—an administrative unit with the equal to that of the districts. As a municipal division, the City of Murmansk is incorporated as Murmansk Urban Okrug and they were abolished on June 2,1948. The same city districts were created for the time on June 23,1951
37.
MS Gripsholm (1924)
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MS Gripsholm was an ocean liner, built in 1924 by Armstrong Whitworth in Newcastle-upon-Tyne, England, for the Swedish American Line for use in the Gothenburg-New York City run. She was of historical importance as the first ship built for transatlantic express service as a diesel-powered motor vessel. Within forty years, however, all passenger vessels would be diesel-powered. From 1927 onwards, the Gripsholm made transatlantic passenger crossings and regular recreational cruises, Gripsholm was one of the first ships to call at the Canadian Pier 21 immigration terminal in Halifax, Nova Scotia and made 101 trips with immigrants to Pier 21. In this service she sailed under the auspices of the International Red Cross, with a Swedish captain, the ship made 12 round trips, carrying a total of 27,712 repatriates. Exchanges took place at neutral ports, at Lourenço Marques in Mozambique or Mormugoa in Portuguese India with the Japanese, after the war, Gripsholm was used to deport inmates of US prisons to Italy and Greece. The Swedish American Line sold Gripsholm to Norddeutscher Lloyd in 1954, as MS Berlin, the ship returned to Canadian immigration service to Pier 21 in Halifax, making 33 immigrant voyages before the ship was retired. An image of MS Berlin arriving at Pier 21 in 1957 became the image of the newly redesigned Canadian epassport in 2012. The ship was sold for scrap in 1966, joseph Grew, US Ambassador to Japan, was repatriated from Tokyo in 1942, taking the Gripsholm from Lourenço Marques. Milton Helmick, judge of the United States Court for China, was repatriated from Shanghai in 1942, saburō Kurusu, Japanese peace envoy who was in the US when Pearl Harbor was attacked, was repatriated to Japan via Lourenço Marques in 1942. Cornell Franklin, former Chairman of the Shanghai Municipal Council, was repatriated from Shanghai in 1943, taking the Gripsholm from Goa
38.
Swedish American Line
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Swedish American Line was a passenger and cargo shipping line. It was founded in December 1914 under the name Rederiaktiebolaget Sverige-Nordamerika, in 1925 the company changed its name to Svenska Amerika Linien / Swedish American Line. The Swedish American Line was amongst the first companies to build liners with provisions for off-season cruising, increased operational costs and stronger competition from aeroplanes forced the company to abandon passenger traffic in 1975, but cargo operations continued until the 1980s. Both Norway and Denmark already operated their own transatlantic liners, the Broström Concern had already operated freighters across the North Atlantic since 1911 under the name of Swedish American Mexico Line. Originally the new company had planned to commission two purpose-built 18000-ton ships, but this plan was never realised, instead, in September 1915 the company acquired the 1900-built Holland America Line vessel SS Potsdam, which was renamed SS Stockholm. On 11 December 1915, in the midst of World War I, en route she was stopped by a British naval vessel and forced to make a stop at Kirkwall, where all mail onboard was confiscated. In the end, the Stockholms first transatlantic crossing took no less than 15½ days, initially the new company concentrated on immigrant trade, with substantial provision made for passengers traveling in steerage. In February 1920 RAB Sverige-Nordamerika acquired a ship, the former Allan Line vessel SS Virginian from Canadian Pacific Steamships. The ship had most recently used as a troopship by the British Admiralty. She was renamed SS Drottningholm and entered service for her new owners on 30 May 1920, in 1922-1923 the Drottningholm was refurbished, re-engined and her superstructure enlarged. As a partial replacement, the 1902-built SS Noordam was chartered from Holland America Line as SS Kungsholm from 27 February 1923 until 18 December 1924. In April 1924 the company acquired SS Borgholm, a coastal steamer that became the first in a series of feeder ships used to transport passengers from ports around the Baltic Sea to Gothenburg. In March 1923 RAB Sverige-Nordamerika placed an order for their first newbuilding and she was the first diesel-engined liner to be built for the transatlantic service. The Gripsholm was launched and christened on 26 November 1924, on the same date her owners officially changed their name to Svenska Amerika Linien / Swedish American Line, and on 21 November the Gripsholm set out on her maiden voyage from Gothenburg to New York. Encouraged by the success of the Gripsholm, SAL placed an order for a ship of similar, in 1927 the company decided to enter the cruise market, offering various cruises during the northern hemisphere winter season. On 17 March 1928 the new MS Kungsholm was launched at Blohm & Voss, the Kungsholms interiors were designed with off-season cruising in mind, with her passenger capacity shrunk from 1344 on liner service to around 600 for cruising. She was also one of the first liners with interior decorations in art style, following the lead of the SS Ile de France. The ship was delivered to SAL on 13 October 1928, coinciding with the delivery of the new ship, the first SS Stockholm was sold to Norwegian interests for conversion to a whale factory ship, SS Solglimt
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SS Pasteur (1938)
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SS Pasteur was a turbine steam ship built for Compagnie de Navigation Sud-Atlantique. She later sailed as Bremen for Norddeutscher Lloyd, in the course of her career, she sailed for 41 years under four names and six countries flags. In 1936 the French shipping company Compagnie de Navigation Sud-Atlantique planned to order a new ship to carry passengers and her main competition was the German liner Cap Arcona owned by the Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft. Building began in 1938 at Chantiers de lAtlantique, in Saint-Nazaire, on 15 February 1938, she was christened Pasteur after the scientist Louis Pasteur. A fire in March 1939 delayed her fitting out and she was not completed until August 1939 and she was 212.4 m long and 26.8 m wide. She had 11 decks and possessed extensive loading spaces and she was designed to carry 751 passengers. She could reach around 50,000 HP and speeds up to 26 Knots, the outbreak of World War II delayed the deployment of Pasteur, and she was laid up in Saint-Nazaire in France. In 1940 she was commissioned to carry 200 tons of reserves from Brest, France to Halifax. Her official maiden voyage from Bordeaux to Buenos Aires was cancelled due to the outbreak of war, after the fall of France, she was taken over by the Great Britain government and placed under Cunard-White Star management. She was used as a transport and military hospital ship between Canada, South Africa, Australia and South America, and transported around 300,000 soldiers. She was sometimes called HMTS Pasteur, due to her speed Pasteur normally made her crossings alone and unescorted rather than as part of a convoy. Pasteur also carried almost 2,000 German prisoners to prisoner of war camps in North America, in addition, she transported prisoners from Suez, Egypt to South Africa. She visited Freetown, Cape Town, Durban, Aden and Port Tewfik and she carried 10,000 troops of the British 8th Army Corps and 5,000 US 1st Army Corps troops to the battle of Alamein. Altogether she carried 220,000 troops, and 30,000 wounded, after the war she was used to repatriate US and Canadian troops then returned to her owners in October 1945. Management was returned to Cie Sudatlantique in early 1946, after her return to France in 1946 she remained in French military service as troop transporter. She carried French troops to Vietnam, and then to Algeria between 1954 and 1957 and she was awarded Frances highest honor, the Croix de Guerre. She made one voyage bringing 4,000 Dutch troops from Indonesia to The Netherlands in February 1950 and she was laid up at Toulon in 1956 and then at Brest in 1957. During the Suez Canal affair, the ship was activated again in September 1956 along with other passenger, while she was docked in Port Said harbor in December 1956 the HQ General of the French troops was on board
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MS Kungsholm (1952)
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MS Kungsholm was a combined ocean liner / cruise ship built in 1953 by the De Schelde shipyard in Vlissingen, The Netherlands for the Swedish American Line. Between 1965 and 1981 she sailed for the North German Lloyd, from 1981 until 1984 she sailed for Costa Cruises as MS Columbus C. She sank in the port of Cadiz, Spain after ramming a breakwater on 29 July 1984, the vessel was refloated later that year, but sent to a Barcelona shipbreaker in 1985 for scrapping. After the end of World War II the Swedish American Line, MS Stockholm, the large newbuild that had been planned during the late 1930s, never entered service for them because of the war, with the remaining fleet consisting of ageing ships. The company took delivery of their first post-war ship, the fourth MS Stockholm and she was a small cargo/passenger liner far removed from the luxury of her pre-war predecessors. In 1948, during the year that the Stockholm was delivered. Based on the results of the research, the decided to order a 20,000 gross register ton combined ocean liner / cruise ship that could accommodate 802 passengers. After contacting 50 shipyards around the world about the prospects of buildings their new ship, on 18 October 1952 the new ship was launched and christened MS Kungsholm by Princess Sibylla of Sweden. The name Kungsholm was a one, having been the name of two previous SAL ships. The newest Kungsholm was delivered to her owners on 30 September 1953, the brand new Kungsholm set on her maiden voyage from Gothenburg to New York City on 24 November 1953. During her time with the Swedish American Line she was used on transatlantic crossings during the northern summer season. In January 1955 the Kungsholm departed on the first-ever around the world made by a SAL vessel. In May 1957 the new Gripsholm was delivered and entered service alongside the Kungsholm, in 1961 the Kungsholm was drydocked and refitted with stabilizers. Encouraged by the success of the Kungsholm and Gripsholm, the Swedish American Line placed an order for yet another new ship in August 1963. In preparation for the delivery of the new ship—also named MS Kungsholm—the old Kungsholm was sold to the North German Lloyd in May 1964 and she set on her last transatlantic crossing in SAL colours from New York on 21 August 1965, arriving in Gothenburg on 5 October 1965. Ten days later she was delivered to the North German Lloyd, following delivery to the North German Lloyd the Kungsholm was renamed Europa, given refit and moved under the West German flag. On 9 January 1966 the Europa set on her first transatlantic crossing for her new owners from Bremen to New York. In NGL service the ship followed a similar arrangement as she had with the Swedish American Line, with transatlantic crossings during the summer, in September 1970 the North German Lloyd merged with the Hamburg America Line to form Hapag-Lloyd
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Southampton
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Southampton, on the south coast of England, is the largest city in the ceremonial county of Hampshire. It is 75 miles south-west of London and 19 miles north-west of Portsmouth, Southampton is a major port and the closest city to the New Forest. It lies at the northernmost point of Southampton Water at the confluence of the Rivers Test and Itchen, the city, which is a unitary authority, has an estimated population of 253,651. The citys name is abbreviated in writing to Soton or Soton. Significant employers in the city include the University of Southampton, Southampton Solent University, Southampton Airport, Ordnance Survey, BBC South, Southampton has a large shopping centre and retail park, Westquay. In 2014, the city approved a follow-up from the Westquay park, WestQuay Watermark. This built-up area is part of the area known as South Hampshire. With a population of over 1.5 million this makes the one of the United Kingdoms most populous metropolitan areas. Archaeological finds suggest that the area has been inhabited since the stone age, following the Roman invasion of Britain in AD43 and the conquering of the local Britons in 70 AD the fortress settlement of Clausentum was established. It was an important trading port and defensive outpost of Winchester, Clausentum was defended by a wall and two ditches and is thought to have contained a bath house. Clausentum was not abandoned until around 410, the Anglo-Saxons formed a new, larger, settlement across the Itchen centred on what is now the St Marys area of the city. The settlement was known as Hamwic, which evolved into Hamtun, archaeological excavations of this site have uncovered one of the best collections of Saxon artefacts in Europe. It is from this town that the county of Hampshire gets its name, viking raids from 840 onwards contributed to the decline of Hamwic in the 9th century, and by the 10th century a fortified settlement, which became medieval Southampton, had been established. Following the Norman Conquest in 1066, Southampton became the port of transit between the then capital of England, Winchester, and Normandy. By the 13th century Southampton had become a port, particularly involved in the import of French wine in exchange for English cloth. The Franciscan friary in Southampton was founded circa 1233, the friars constructed a water supply system in 1290, which carried water from Conduit Head some 1.7 kilometres to the site of the friary inside the town walls. Further remains can be observed at Conduit House on Commercial Road, the friars granted use of the water to the town in 1310. The town was sacked in 1338 by French, Genoese and Monegasque ships, on visiting Southampton in 1339, Edward III ordered that walls be built to close the town
