 It was one of the first places settled by Europeans in New Zealand, with shipbuilding established in the late 1820s.David Ramsay and Gordon Davies Browne came from Sydney to set up a trading post and shipbuilding settlement about 1826.Three ships were built - a 40-ton schooner called "Enterprise", a 140-ton brigantine called "New Zealander", and the 394 (or 392)-ton barque "Sir George Murray", but the firm went bankrupt in 1830.