Reorganisation and Decline
Blue Star Line divested itself of its holdings in British United Airways in 1968 and became one of the founding partners that year in Associated Container Transportation (ACT), along with the Ben Line, Cunard (Port Line), Harrison Line and Ellerman Lines. Blue Star Line gradually moved towards containerization, ending its passenger services to South America in 1972.
Blue Star Line was bought by P&O Nedlloyd in 1998, which acquired the name and most of the assets, with the exception of most of the reefer ships, which were kept by the Vestey group under the name Albion Reefers, and then merged with Hamburg Süd's reefer fleet under the name Star Reefers. Star Reefers was sold in July 2001 to Norwegian interests, and then subsequently merged with NYK Group as NYK Star Reefers Ltd. The Blue Star Line ships bought by P&O Nedlloyd, which included those operated as part of ACT, continued in service with P&O Nedlloyd under Blue Star Line names and liveries. The last Blue Star Line branded ship was scrapped in 2003.
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Famous quotes containing the word decline:
“Reckoned physiologically, everything ugly weakens and afflicts man. It recalls decay, danger, impotence; he actually suffers a loss of energy in its presence. The effect of the ugly can be measured with a dynamometer. Whenever man feels in any way depressed, he senses the proximity of something “ugly.” His feeling of power, his will to power, his courage, his pride—they decline with the ugly, they increase with the beautiful.”
—Friedrich Nietzsche (1844–1900)