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 March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Blackstone Unlikely to Enter Commodities Trade

Blackstone exec doesn't expect move into commodities in near term Blackstone Group LP is unlikely to make a foray into commodity trading in the short term as

Cargill to Buy 100,000mt of Certified Ivorian Cocoa

U.S. agribusiness trader Cargill aims to purchase 100,000 metric tons of certified Ivorian cocoa this season, up slightly from 95,000 metric tons last season, West

CMA CGM Strengthens Madagascar Presence

Since the creation of CMA CGM Madagascar in 2003, container shipping company CMA CGM Group has continued to develop on the island to move closer to its valued customers

Legal

Ex-BP Employee Settles Insider-trading Oil Spill Case

A former 20-year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges

Somali Pirate Sentenced to 12 Years by German Court

A German court sentenced a Somali asylum-seeker to 12 years in jail on Thursday, for his involvement in the pirate hijacking of a tanker in the Indian Ocean in 2010.

DHL Expects Immunity in Price Fixing Investigation

Deutsche Post expects its DHL forwarding business to be granted immunity from prosecution and fines by Singapore antitrust authorities, who are investigating 11 companies for alleged price fixing,

 
 
Maritime Contracts Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1954 sec (5 req/sec)