The China Navigation Company was an early shipping company founded in 1876 in London, initially to trade up the Yangtze River from their Shanghai base with passengers and cargo. Chinese coastal trade started shortly after and in 1883 a regular service to Australia was initiated. Most of the company's ships were seized by Japan in 1941 and services did not resume until 1946. Robert Dollar was a later shipping magnate, who became enormously influential moving Californian and Canadian lumber to the Chinese and Japanese market.
Yichang or Ichang, 1,600 km (990 mi) from the sea, is the head of navigation for river steamers; oceangoing vessels may navigate the river to Hankow, a distance of almost 1000 km (almost 600 mi) from the sea. For about 320 km (200 mi) inland from its mouth, the river is virtually at sea level.
The Chinese Government, too, had steamers. It had its own naval fleet, the Nanyang Fleet, which fell prey to the French fleet. The Chinese would rebuild its fleet, only to be ravaged by another war with Japan (1895), Revolution (1911) and ongoing inefficiency and corruption. Chinese companies ran their own steamers, but were second tier to European operations at the time.
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