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.
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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)
“The brotherhood of men does not imply their equality. Families have their fools and their men of genius, their black sheep and their saints, their worldly successes and their worldly failures. A man should treat his brothers lovingly and with justice, according to the deserts of each. But the deserts of every brother are not the same.”
—Aldous Huxley (1894–1963)