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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

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

Online Member Access 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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