McLean Named Man Of The Century; Lowman Earns Humanitarian Award

Monday, July 12, 1999
The Maritime Association of the Port of New York and New Jersey sponsored a tribute to Malcolm P. McLean, founder of Container Shipping and George F. Lowman, chairman and chief executive officer, Farrell Lines at the International Hall of Fame Awards Dinner on the evening of May 12, 1999. Held in the Delegates Dining Room of the United Nations, the gala event honored McLean, who is the founder of Container Shipping as Man of the Century and Lowman, who received the Hall of Fame's premiere Humanitarian Award. Described by Forbes Magazine as "one of the few men who changed the world," McLean founded the trucking company that bears his name in 1934 - which later became one of the largest trucking firms in the U.S. After divesting his company to establish McLean Industries, he introduced what would later become an innovation for the 20th Century - container shipping through Sea-Land Service. Using his own means, McLean established this concept which eventually set Sea-Land up for rank as the world's largest shipping company. Sea Land was later sold to R.J. Reynolds in 1969. McLean continued his presence in the maritime industry almost 30 years later when, in 1992, he formed the foundation for Trailer Bridge - the first company to construct vessels specifically for 53 ft. (16.1 m) containers. The only individual, (according to New York Exchange Officials), to have found five public companies -- three of which are listed on the New York Stock Exchange, McLean has garnered an impressive list of awards and citations throughout his career. Namely, the American Legion Merchant Marine Award, presented to McLean in 1958 at the White House by then-President Dwight Eisenhower, as well as an appointment in 1970 by former President Richard Nixon to serve on the Commission on International Trade and Investment Policy.
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

U.S. Navy Contracts 12 Rapid Response Skimmers

Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019.

Legal

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

UN Authorizes Ship Inspections Near Somalia For Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Foster Wheeler & MDM Engineering Merged

Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”)

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1372 sec (7 req/sec)