Apcar & Company
| Industry | Shipping |
|---|---|
| Fate | Purchased by the British-India Steam Navigation Company |
| Founded | Bombay, India (1819) |
| Founder | Arratoon Apcar |
| Defunct | January 27, 1912 |
| Headquarters | Calcutta, India |
|
Area served
|
India, Southeast Asia, Far Easy |
Apcar and Company was a firm founded in 1819 in India that engaged in shipping, import and export. The most profitable trade was in opium, shipped from India to Hong Kong and the Pearl River. The Apcar Line also carried Indian and Chinese laborers for work in Malaya and Singapore. The line was sold to the British-India Steam Navigation Company in 1912.
Arratoon Apcar was born in 1779 at New Julfa in Isfahan, Persia. He was the second son of Apcar, the ancestor of the family. He came to Bombay when he was sixteen and found employment with an Armenian merchant there, trading with China and Manila. After his patron died, he continued in this trade in his own right. His brother Gregory Apcar came to India in 1808 and joined Arratoon in Bombay. The trading company of Apcar & Co. was founded in 1819 by Arratoon Apcar.
Arratoon Apcar moved his company to Calcutta around the end of 1830. In Calcutta the company moved into shipping, carrying both passengers and freight. The most profitable cargo was opium. Until P&O began shipping opium from Calcutta in 1851, the trade was divided between Jardine Skinner and the Apcar Line. Even then, P&O had limited shipping capacity. While Jardines carried opium for the larger suppliers, the Apcars with their Arratoon Apcar and Catherine Apcar sailing boats catered to many smaller local dealers. With slower boats, they charged much lower rates than Jardine Skinner, ranging from Rs8 to Rs10 per chest compared to upward of Rs28 per chest charged by Jardine Skinner. However, the Apcars may have had private arrangements with the dealers that locked them into using Apcar services.
The Apcar Line's fleet became well-respected, efficiently carrying both cargo and Chinese coolies, mostly between Singapore, Hong Kong and Amoy, but also making regular voyages to Japan. From 1855 Apcar & Co. started to convert their fleet to steam. The Apcar Line was providing regular service to Singapore from 1856. The Apcar clippers dominated the opium trade until the 1870s, carrying their cargoes from Bombay or Calcutta, with a stop in Singapore, on to Hong Kong or the Canton River. 43 voyages of opium ships to China were listed in 1865, of which 17 were Apcar ships. The Apcars and Jardine Skinner exported opium to Singapore for use by the Chinese in the Malay Peninsula or for distribution to other locations in southeast Asia. Eventually the Apcars were forced out of the Dutch East Indies by protectionist measures. Between 1875 and 1880 Captain Chapman James Clare (1853-1940) served on Apcar & Co. opium steamers trading between Hong Kong and Calcutta.
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