The History Of Gibson

  • 1870
  • 1893
  • 1913
  • 1916
  • 1921
  • 1929
  • 1939
  • 1957
  • 1961
  • 1998
  • 2008
  • 2015
  • Today
1870

In 1870, Victorian business man Charles Hunting Senior bought stock in several ship owning companies. This included buying his son, Charles Samuel Hunting, a pair of second hand sailing ships as a 21st Birthday present. His repertoire of vessels continued to grow and by 1889, Hunting and Son had around a dozen cargo steamships.

1893

Supplemented by an order for its first oil tanker, the 5,000dwt Duffield, Edward Aisbett Gibson stepped in and, with Charles Samuel, E A Gibson and Company Limited was formed in 1893. Gibson's link with Newcastle-based shipowner Hunting & Son proved to be the formative influence and from the 1920s until 2015 the shipbroking company has belonged to the family group, now Hunting PLC.

1913

In 1913 Edward Aisbett Gibson died, just as hostilities and the threat of submarine attacks were about to bring commercial shipping to a standstill. Business virtually ground to a halt, and the Hunting Fleet was pressed into military service, reducing down to just 4 ships by the end of the First World War.

1916

The post-war reconstruction of E.A. Gibson came in the form of Bill Green, a 13 year old that joined the team as an office boy. Cornering the creosote market for Gibson was one of his first achievements and by the time he was 24, Green had become the managing director or E.A. Gibson and Company Limited.

1921

Hunting passed away in 1921 but his sons, Percy and Lindsay were actively rebuilding and expanding the company. By the mid 20’s they had chosen to concentrate on the oil trade and a series of new motor tankers had been ordered.  Hunting’s headquarters were relocated down to London in 1925, simultaneously  absorbing the shipbroking business of E.A. Gibson.

1929

Gibson started to concentrate on handling crude oil and in a very short time the company was recognised throughout Europe as the principle brokers for crude oil sales. Green correctly predicted this boom, as well as its subsequent bust and in 1929, Green closed his first $1m deal, on the eve of The Great Depression.

1939

During the 1930’s, Gibson’s tanker chartering operations were widened and the dependence on Hunting business reduced to little more than 20% of their income. Gibson’s business however, was all but reduced to scratch again by World War Two when most of the staff were called up. The ‘skeleton’ office which remained was moved out of London, where only nominal government business was performed.

1957

The company sprang back after the war, with Richard Haig Hunting proceeding to take charge.  Gibson was rapidly expanding and diversifying in order to provide suitable employment for its returning workforce. It re-entered dry cargo broking, enlarged its tanker and agency departments and started an aviation department.

1961

Gibson prospered during its post-war years, largely thanks to the oil booms. This  changed in line with the Hunting fleet’s strategy to diversify away from tankers for the first time in 30 years. Merging with dry cargo brokers Fergusson Wild in December 1961, the company became E.A. Gibson Fergusson Wild (Shipbrokers). Haig turned his attention to other sectors, leaving Eric Shawyer, a renowned rising star of the shipbroking world, to run Gibson. Shawyer became Managing Director in 1969.

1998

Peter Lilley brought Gibson through the millennium, taking over from Eric Shawyer in 1998 as Managing Director. As head of the gas chartering department, his appointment was a historic move for a company whose key position has previously only been held by a tanker man.

2008

Retiring in 2008, Lilley had overseen the expansion of the successful gas section into Hong Kong, the addition of LPG product broking as well as the successful entry into the specialised sector. Lilley’s successor Nigel Richardson joined Gibson in 1982. During Nigel’s first year, Gibson expanded into an international company of over 180 staff, located in London, Houston, Hong Kong and Singapore.

2015

Adding to the wave of developments occurring in the global shipbroking industry, E. A. Gibson Shipbrokers separated from Hunting PLC in April 2015 after more than 120 years of association. Gibson then became a fully independent, employee owned company run on behalf of and for the benefit of all of the worldwide employees of the company.

Today

In April 2015 Gibson Shipbrokers employees purchased the company from Hunting PLC, after 122 years of association, through an Employee Benefit Trust.

Gibson Shipbrokers is the first UK shipbroker to become a fully independent, employee owned company, run on behalf of, and for the benefit of all worldwide employees of the company.

A Trust, including elected employee trustees, represents the interests of all employees, and acts independently of the Board to ensure the company is managed in the long-term interests of all employees.   

Employee ownership is bringing a positive change of culture to Gibson, with all employees encouraged to maximise their contribution to the company, and be involved with its development. 

A Staff Liaison Committee ensures that both the Board and Trustees are informed of ideas, views and opinions of staff.

Employees, as the assets of a ship broking company, are entitled to share the benefits of success, and profits will be either reinvested, or distributed to employees through a scheme administered by the Trustees. 

Employee ownership will provide stability and sustainability and will benefit not only employees, but also our valued clients.

Gibson is a member of the Employee Ownership Association

Gibson in Numbers

04
offices
125
years

Contact Us

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Our Offices

07:31:4015:31:4015:31:4001:31:4015:31:4016:31:40
  • 29.760520
    -95.463608

    Houston

    E.A. Gibson Houston Inc
    770 South Post Oak Lane,
    Suite 610
    Houston, TX 77056, United States

  • 51.519025
    -0.107245

    London

    PO Box 278, Audrey House,
    16-20 Ely Place,
    London EC1N 6SN

    T +44 020 7667 1000
    F +44 020 7430 0571

  • 1.288529
    103.846784

    Singapore

    8 Eu Tong Sen Street,
    #12-89 The Central
    Singapore 059818

    T +65 6590 0220
    F +65 6222 2705

  • 39.994284
    116.411086

    Beijing

    Room B1616, Huibin Building,
    No 8, Beichen East Road,
    Chaoyang District,
    Beijing 100101

  • 22.279227
    114.176306

    Hong Kong

    Room 1404, 14/f,
    Allied Kajima Building,
    No.138 Gloucester Road,
    Wan Chai, Hong Kong

    T +852 2511 8919
    F +852 2511 8910

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