International Navigation Company
Headquartered in Philadelphia.
🏢 Corporate Intelligence
The International Navigation Company, a Philadelphia-based maritime enterprise founded in 1871, operated a fleet of 26 vessels totaling 181,000 tons, offering transatlantic passenger and cargo services. The company's subsidiary, Red Star Line, established in 1872, provided exclusive mail service between Antwerp and Philadelphia/New York, generating significant profits for three decades. Strategic acquisitions, including American Line (1884) and Inman Line (1886), expanded INC's operations. Financing from J.P. Morgan's syndicate facilitated further expansion, leading to the formation of International Mercantile Marine (IMM) in 1902, with a diverse portfolio of subsidiaries, including White Star Line and Holland America. Wikipedia↗
Key Information
- Company Name
- International Navigation Company
- Country of Origin
- United States
- Headquarters
- Philadelphia
- Founded
- 1871