Sherwood addressing the press conference following the announcement that Sealink UK Ltd. had been sold to British Ferries Ltd., a Sea containers Ltd. subsidiary. The year was 1984. © Sea Containers - Philippe Holthof collection
Former ferry tycoon dies at age 86
May 21 2020
FerryThe death of James B. 'Jim' Sherwood following complications arising from abdominal surgery brings to a close a remarkable and controversial business career that began in early-1960s America as a provider of leasable shipping containers and peaked in the late-1980s as the Chairman and CEO of the sprawling Sea Containers conglomerate, which at different times included a wide variety of ferry operating subsidiaries. But Sherwood’s business empire declined thereafter, weighed down by debt and it imploded in the early-2000s.
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