Shipping Successes
He was a naval officer in World War II, during which time part of the trade fleet he had built with his uncle was destroyed. He used about two million dollars in insurance money to build a new fleet, and he was the owner of the yacht Atlantis.
Stavros Niarchos founded Niarchos Ltd., an international shipping company that at one time operated more than 80 tankers worldwide. In 1952, he built the first supertankers capable of transporting large quantities of oil. His shipping rival, Aristotle Onassis, did the same in 1952. In 1956 the Suez Canal Crisis considerably increased the demand for the type of large tonnage ships that Niarchos owned. Business flourished and he became a billionaire.
Read more about this topic: Stavros Niarchos
Famous quotes containing the words shipping and/or successes:
“Talk of a divinity in man! Look at the teamster on the highway, wending to market by day or night; does any divinity stir within him? His highest duty to fodder and water his horses! What is his destiny to him compared with the shipping interests?”
—Henry David Thoreau (1817–1862)
“Do your children view themselves as successes or failures? Are they being encouraged to be inquisitive or passive? Are they afraid to challenge authority and to question assumptions? Do they feel comfortable adapting to change? Are they easily discouraged if they cannot arrive at a solution to a problem? The answers to those questions will give you a better appraisal of their education than any list of courses, grades, or test scores.”
—Lawrence Kutner (20th century)