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Wednesday, May 24, 2023

05-24-2023-0613 - The Black Star Line (1919−1922)[1]

The Oceanic Steam Navigation Company (Black Star Line)
TypePartnership
IndustryShipping, transportation
Founded1919
Defunct1922
FateBankruptcy
Area served
Transatlantic

The Black Star Line (1919−1922)[1] was a shipping line incorporated by Marcus Garvey, the organizer of the Universal Negro Improvement Association (UNIA), and other members of the UNIA. The shipping line was created to facilitate the transportation of goods and eventually African Americans throughout the African global economy. It derived its name from the White Star Line, a line whose success Garvey felt he could duplicate.[2] The Black Star Line became a key part of Garvey's contribution to the Back-to-Africa movement, but it was mostly unsuccessful, partially due to infiltration by federal agents. It was one among many businesses which the UNIA originated, such as the Universal Printing House, Negro Factories Corporation, and the widely distributed and highly successful Negro World weekly newspaper.

The Black Star Line and its successor, the Black Cross Navigation and Trading Company, operated between 1919 and 1922. It stands today as a major symbol for Garvey followers and Pan-Africanists. It is not to be confused with the Black Star Line, the state shipping corporation of Ghana.

BSL stocks


https://en.wikipedia.org/wiki/Black_Star_Line

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