John Spalvins, born Janis Gunnars Spalvins, in 1936, in Latvia, was Managing Director of the Adelaide Steamship Company from 1977 until the company's collapse in 1991, it was formed by a group of South Australian businessmen in which year?
Adelaide Steamship Company The Adelaide Steamship Company was formed by a group of South Australian businessmen in 1875. Their aim was to control the transport of goods between Adelaide and Melbourne and profit from the need for an efficient and comfortable passenger service. For the first 100 years of its life, the main activities of the company were conventional shipping operations on the Australian coast, primary products, consumer cargoes and extensive passenger services.
HIH Insurance HIH Insurance was Australia's second largest insurance company. It was placed into provisional liquidation on 15 March 2001. The demise of HIH is considered to be the largest corporate collapse in Australia's history, with liquidators estimating that HIH's losses totalled up to $5.3 billion. Investigations into the cause of the collapse have led to conviction and imprisonment of a handful of members of HIH management on various charges relating to fraud.