In December 1843 the Company purchased some of the vessels that were sold off by The Original Shipping Company when it went into liquidation. The original shareholders of the Phoenix Shipping Co. were; William Lisle (miller) of Middleton, Hartlepool, Thomas Tait of Hartlepool, Thomas Fox (Spirit merchant) of Norton and Joshua Byers (timber and lead merchant) of Stockton.
Fleet List (giving life of vessel):
Allison 1838-1879
Evenwood 1836-1845
George William 1835-1860
Schiedam 1838-1869