Sea Containers - History

History

Yale University graduate and retired United States Navy officer James Sherwood founded Sea Containers in 1965, with initial capital of $100,000. Over 40 years, Sherwood expanded Sea Containers from a supplier of leased cargo containers, into various shipping companies, as well as expanding the company into luxury hotels and railway trains, including the Venice-Simplon Orient Express and the Great North Eastern Railway franchise from London to Edinburgh.

Although valued with a net worth of £60million in the 2004 Sunday Times Rich List, as Sea Containers hit financial troubles, he resigned from each of his companies in 2006.

In March 2006 the company sold its share of Orient-Express Hotels.

Read more about this topic:  Sea Containers

Famous quotes containing the word history:

    To history therefore I must refer for answer, in which it would be an unhappy passage indeed, which should shew by what fatal indulgence of subordinate views and passions, a contest for an atom had defeated well founded prospects of giving liberty to half the globe.
    Thomas Jefferson (1743–1826)

    The history of persecution is a history of endeavors to cheat nature, to make water run up hill, to twist a rope of sand.
    Ralph Waldo Emerson (1803–1882)

    I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passé abstractions like beauty, nobility, and greatness have a shifting but continuing validity.
    Camille Paglia (b. 1947)