The Parsons Marine Steam Turbine Company was established in the late 19th century by Sir Charles Parsons, an English engineer and inventor. The company specialized in the design and manufacture of steam turbines, which revolutionized marine propulsion by providing a more efficient and powerful alternative to traditional reciprocating engines. Parsons' innovations in steam turbine technology significantly impacted naval and commercial shipping. The company's turbines were widely adopted in various vessels, contributing to advancements in speed and fuel efficiency. Over the years, the company played a crucial role in the development of marine engineering and the broader field of turbine technology.