Houston Direct Navigation Company
| Company type | Private |
|---|---|
| Industry | Shipping, Transportation |
| Founded | 1866 |
| Founder | William Marsh Rice, Thomas M. Bagby, John H. Sterrett, others |
| Defunct | 1927 |
| Headquarters | Houston , United States |
Area served | Buffalo Bayou, Texas |
| Products | Freight and passenger transport services |
Houston Direct Navigation Company conducted shipping operations along Buffalo Bayou from 1866 until 1927. This entity originated through the consolidation of two earlier firms that shared management teams and investors: the Houston and Galveston Navigation Company and the Houston Navigation Company.
Established in 1851 by William Marsh Rice, who contributed $5,000 of his own funds along with capital from twenty-five additional investors, among them Paul Bremond, Cornelius Ennis, William J. Hutchins, and John H. Sterrett.
Formed in 1854 by many of the same key figures involved in the prior company, continuing to operate in a comparable manner.
After the Civil War
On October 9, 1866, William Marsh Rice, Thomas M. Bagby, John H. Sterrett, and others created the Houston Direct Navigation Company. It provided freight and passenger transport services connecting Houston to rail terminals along Buffalo Bayou, presenting a more affordable option compared to the elevated rates imposed via Galveston and the Galveston Wharf Company.
Initially concentrating on lightering activities near Galveston and coordinating freight transfers through the Buffalo Bayou, Brazos and Colorado Railroad, the company broadened its operations to include five passenger steamships by 1870. Although passenger demand decreased over time, the fleet expanded by 1873 to consist of three vessels dedicated solely to freight, supported by a fleet of 22 barges and three tugboats; only two steamers remained in passenger service.
References
- Navigation organizations
- American companies established in 1866
- American companies disestablished in 1927
- Companies based in Houston
- Transportation companies based in Texas
- Transportation in Houston
- Transportation in Galveston, Texas
- Water transportation in Texas
- Defunct shipping companies of the United States