BULKSHIPS LTD. (1)

The flag is yellow with a blue circle edged red bearing B. The letter’s colour was assumed for the illustration because the source’s black-and-white drawing does not specify it.

Mitchell appears to base the funnel on Zincmaster, for which he gives a line drawing, attributing it to Bulkships (Australia) Pty. Ltd.

The Australian Bulkships was formed on 27 June 1958 by a consortium of shipping companies. The named founders are Australasian United Steam Navigation, Huddard Parker, Melbourne Steamship, Adelaide Steamship and McIlwraith McEacharn; one account says six companies, while Mitchell names only three, including Bitumen Oil Refineries Ltd. Howard Smith participated through its Melbourne Steam Ship subsidiary. By 1963 the first two named founders had withdrawn. Adelaide and McIlwraith ultimately held equal shares after buying Melbourne’s remaining interest in 1968. TNT increased its holding to 50% in July 1974, leaving each at 25%; Adelaide sold out early in 1977 and McIlwraith in January 1981. Wholly owned by TNT, the company became TNT Bulkships Ltd. on 28 January 1982.

Associated Steamships Pty. Ltd. became a subsidiary through a share exchange on 9 August 1968. Bulkships Container Pty. Ltd. and Bulkships Zinc Carrier Pty. Ltd. were formed on 5 November 1970. TNT Shipping (NZ) Ltd. followed in 1971, owned 51% by Bulkships and 49% by TNT. Atlas Transport Pty. Ltd. was acquired in 1975, liquidated and merged with ASP Container Express in February 1978; its earlier majority holding had passed through Adelaide and McIlwraith to Associated Steamships. Bulkrail was formed in February 1976. The 32.25% interest in R.W. Miller (Holdings) Ltd., held early in 1972, was sold to Atlantic Richfield in 1978. Bulkships Container later became TNT Bulkships Operations Pty. Ltd.

Other listed subsidiaries include Atlas Offshore, Holyman Transport, Hull Investments, Princess Properties, acquired in 1980, and Timur Carriers. Altramar Shipping Int. B.V., Altramos Shipping Int. B.V. and Best Shipping Pte. Ltd. appear without noted sources; Rosanoski also questions the Altramar name.

Australia, Melbourne.

The parliamentary PDF retrieval was throttled and the detailed archive page failed. The catalogue alone does not prove that its company is the Australian operator, and the original document contains several related Bulkships companies. Precise jurisdiction and corporate succession remain unverified; FOTW text attributed to Rosanoski was rejected as circular.