At its peak, his shipping company operated more than 80 tankers. He and Aristotle Onassis were great shipping rivals. Starting in 1952, he had the world's biggest supertankers built for his fleet. The great shipping rival of Aristotle Onassis, Stavros Spyros Niarchos I was a Greek shipping mogul and multi-billionaire. The President said this was "a vote of confidence in government policies that aim to enhance the services provided to shipowners, shipping magnates and ship management companies". He also invested in racehorses, owning breeding grounds in France and the United States. To qualify, Niarchos had established the North American Shipping & Trading Co., which technically was controlled by American citizens, including his sister. Onassis and Niarchos were the best-known Greek shipping magnates, with huge numbers of ships and tremendous personal fortunes. Found insideAristotle are called “ flags of necessity ” by Onassis , Stavros Niarchos ... He detailed all of Marine Transport Lines in 1958 . his objections to the ... Aristotle Socrates Onassis (/ oʊ ˈ n æ s ɪ s /, US also /-ˈ n ɑː-/; Greek: Αριστοτέλης Ωνάσης, romanized: Aristotélis Onásis, IPA: [aristoˈtelis oˈnasis]; 20 January 1906 - 15 March 1975), commonly called Ari or Aristo Onassis, was a Greek shipping magnate who amassed the world's largest privately-owned shipping fleet and was one of the world's richest men. Stavros Spyrou Niarchos (Greek: Σταύρος Σπύρου Νιάρχος, pronounced [ˈstavros ˈspiru 'ɲarxos]; 3 July 1909 - 15 April 1996) was a Greek billionaire shipping tycoon.Starting in 1952, he had the world's biggest supertankers built for his fleet. In the middle is placed a large, black-bordered N. The flag is made of a wool and synthetic fibre . Stavros Niarchos. A. M. Goulielmos DOI: 10.4236/me.2021.124044 881 Modern Economy such as Niarchos, who saw the opportunities in shipping. However, Tina also died in 1974 due to a barbiturate overdose she turned to, seeking to forget her pain caused by the loss of her son Alexandros Onassis in a plane crash. 41 Park Street, London, W1K 7HL. For many years he owned the largest private fleet in the world. Found inside – Page 179JUBILEE SHIPPING CO . ... See Niarchos Group . JUNO MARITIME CORP ... Associated Shipping Company : China Union Lines Ltd. Services : Tramp services only . In 1939, he married to 20-year old Melpomeni Kapari, the daughter of a ship-owner on the island of Syros. After receiving a $2 million reimbursement for his sunken vessels and a total of 16 Liberty vessels gifted to him by the American administration, Niarchos’s finances recovered, allowing him to further reinvest in big tankers. He then founded Niarchos Ltd, an international shipping company that at one time operated more than 80 tankers worldwide. Elena Ford (born Elena Anne Ford-Niarchos in 1966) is the daughter of Charlotte Ford, an heiress to the Ford Motor Company fortune, and the Greek shipping tycoon Stavros Niarchos. The 59.3m/194'7" sail yacht 'Stavros S Niarchos' was built by Appledore. His two most significant investments in Greece during the ‘50s were the Greek Refineries in the town of Aspropyrgos and the Hellenic Shipyards in the district of Skaramangas, which was ranked as the largest shipyard in the Mediterranean Sea. But Niarchos rarely made mistakes with shipping projects. Stavros Niarchos was one of the world’s most innovative and successful 20th-century businessmen. However, the Manhattan, the largest merchant ship built in the US, was a white elephant from the start. Dornoch Shipping Company 1935-1954 Glasgow / Temple Steam Ship Company (1921)1926-1978 London / Lambert Brothers 1878-1978 Douglas Steamship Company, Ltd., Hong Kong 1883-1976 Dundee, Perth & London Shipping Co. Ltd . In the US he began shopping for further vessels and purchased a number of bargains. He was a believer in long-term employment with the oil companies, although when the oil majors began to pay less lucrative rates in the 1960s, he considered selling off his tanker fleet. He inherited a massive art collection that includes Vincent van Gogh's "Self-Portrait with a Bandaged Ear" and Pablo . His openness, the business “demon” led him to the highest pedestal of the shipbuilding world, while opening the way for other Greeks. In 1952, high-capacity oil supertankers were built for the competing Niarchos and Onassis fleets, who both claimed to own the largest tanker in the world. Hellenic Shipyards Co. Ltd. (Piraeus), part of the empire of Stavros Niarchos, uses his flag and funnel as well. Niarchos, a former professional skateboarder, is a grandson of multi-billionaire shipping tycoon Stavros Niarchos and was most recently in a high-profile relationship with prolific art collector . mirrors, House flag of Niarchos - Image by Miles Li, 13 June 2016. Throughout his career, Stavros Niarchos insisted on quality and paid for it. Greek shipping tycoon Stavros Niarchos and his wife Tina , a former wife of Aristotle Onassis, circa 1973. She is a granddaughter of Henry Ford II. Spyros had joined the wave of Greek immigration to the United States in the late 19th century and had become moderately successful as a partner in a restaurant and confectioners in Buffalo, in the state of New York. Wednesday, April 27, 1966 les That Niarchos Must Pay Other maritime news Page B 7 New York, April 2fi WV-A Fed' eral judce ruled today that six American shipping firms owned and controlled by . It has already committed €100 million to health, welfare and education to help combat the effects of Greece’s current economic crisis. In 1952 high capacity oil supertankers were built for the competing Niarchos and Onassis fleets who were, at the time, both claiming to own the largest tanker in the . Tsangaris, the family has two sons who work for Carras Ltd. in New York. In 1930, he married to Eleni Sporidis only to get a divorce a year later. A keen swimmer and sailor, he also had what were regarded as the finest yachts of their time, the 190 ft sailing yacht Creole and its successor, the steel motorised super-yacht Atlantis. This huge number was also testimony to the high status he already merited in Greek shipping circles.In addition to the Liberties, he was also permitted to acquire one of the . To qualify, Niarchos had established the North American Shipping & Trading Co., which technically was controlled by American citizens, including his sister. By 1962, he was able to take delivery the 114,668-ton SS Manhattan, again the world’s largest tanker. Stavros Niarchos was one of several top Greek shipowners, including Onassis, who circumvented the spirit of the 1946 Merchant Ship Sales Act by which the Americans wanted to keep the vast majority of merchant ships built during the war for American buyers. In 1935 he finally convinced them to purchase six 9,000-ton British freighters available at a bargain price. Niarchos?s business philosophy in shipping was to buy and build big; his supertankers set world records for size and carrying capacity. They had a child together but the marriage did not last long and he returned to Evgenia. By Ilektra Takuridu. The event frustrated Niarchos and the rivalry between the two men flared up. Basil G. M. Mavroleon remembers Stavros Niarchos, World’s largest tanker owner of the 1950s and 1960s, World-famous art collector and race horse owner. His collection was further developed by his son Phillip with paintings, like Red Marylin and Green Car Crash (Green Burning Car I) by Andy Warhol. Stavros Niarchos served in the Greek navy during World War II. The family needed the money, so he went to work at his uncles’ flour mill in 1928. Stavros Niarchos, the great Greek benefactor and tycoon, passed away on this day 25 years ago, leaving behind a foundation that continues his philanthropic work. In 1951, his 31,745-ton World Unity laid claim to the largest in the water. She currently plays a major role in Ford Motor Company taking role of Director of Global marketing for the company as a whole. During the coming years, he vied with Onassis and American-born magnate Daniel K. Ludwig to build the world’s largest tankers. Dracopoulos, who along with his two cousins inherited much of the Niarchos shipping fortune after Stavros Niarchos died in 1996, says the constitutional tax exemption has outlived its purpose. Stavros Niarchos was born in 1909, the son of Spyros Niarchos and his bride Evgenia Coumandaros, both originally from Sparta. Found inside – Page 85... Cardiff , for five ships being built in Japan and Scotland for this company . ... the other ten have come from the from the Greek Niarchos Shipping Co. On May 4th, 1970, Eugenia, the mother of Niarchos’s four children (Phillip, Spyros, Constantine and Maria Eirini) was found dead at the age of 44, on the island of Spetsopoula by unknown causes. Found inside – Page 527Niarchos's company had contracted with Bethlehem Steel to construct a 71,282 dwt tanker, the Princess Sophie. The 950-foot tanker, constructed at the Quincy ... Together with his uncle, he built a merchant fleet, which was badly damaged during the Second World War. He ended up with arguably the world’s finest and most valuable private collection. Ενας ακομα Έλληνας, που συνεχίζει να βοηθάει την Ελλάδα, ακομα κ μετα τον θάνατο του, σε πολλούς τομείς όπου το ελληνικό κράτος αδυνατεί! So he soon became a billionaire. He created the largest private fleet in the globe and was therefore nicknamed The Golden Greek. However, she died from an overdose of sleeping pills in 1970 in circumstances that warranted an investigation. The house flag of Niarchos Ltd. is described as follows (National Maritime Museum) : A white flag with a narrow horizontal band striped red, white a blue across the centre. Greece: House flags of shipping companies. Niarchos began earning a living as an impecunious apprentice in the flour-milling business of his maternal uncles, and then persuaded them to expand the business by buying ships. Stavros Niarchos graduated from the Varvakios School and the Law School of Athens. Found inside – Page 137Oriental Tänker Corp. , North American Shipping & Trading Co. The fourth case was United States v . Stavros Niarchos , Ambrose Capparis , George Trypanis ... Found inside – Page 424See also ports; maritime business culture; by company or individual ports in ... New Zealand Shipping Company, 73 Newark, 3 20 Newchang, 92, 276 Niarchos, ... NIARCHOS (LONDON) LIMITED is a Private limited with Share Capital company based in 41 PARK STREET, LONDON LONDON, United Kingdom, which employs 30 people. But she died from an overdose in 1974. Mr. Niarchos has frequently been quoted as saying that all that shipping men own "is the air between the funnel and the sky." A spokesman for National Bulk Carriers, Inc., which is controlled . House flag of Niarchos Group. Niarchos was counted as one of the first shipowners, along with Onassis, to build series of ships financed by major banks and insurance companies based on long-term charters with major oil companies. Niarchos, alongside his archrival Aristotle Onassis, built up the reputation of the Greeks as the biggest players in international shipping after World War II. Found inside – Page 12Companies form networks of collaborating competitors on the basis of ... For example in 1970, the Greek-owned shipping company of Stavros Niarchos and the ... Ocean Network Express is the biggest carrier in Japan, jointly owned by the Japanese shipping companies Nippon Yusen Kaisha, Mitsui O.S.K. Ενας Έλληνας που βοήθησε την ελληνική ναυτιλια να πάρει τα πανω της κ να γινει παγκοσμίως γνωστή. His fortune came as a result of the Suez Crisis and the rising demand for oil, he and his fellow country man turned competitor, Aristotle Onassis, seized this opportunity and became worldwide petroleum transport titans bringing in millions. One of his favourite works was the 1585 Pieta by his countryman El Greco, acquired reportedly to celebrate the 1954 New Year. Found inside – Page 137American Pacific Steamship Company and Mr. Robert A. Murphy . The second case was l'he United States v . Stavros Niarchos , George Emmanuel , Constantine ... At 385 ft, the Atlantis was the world’s second-largest yacht, behind Queen Elizabeth’s 412 ft Britannia, but it was 60 ft longer than Onassis’ celebrated Christina. Company registration number 00432579, It's main line of business activity is Other business support service activities n.e.c. Niarchos Ltd. image by Jarig Bakker, based on the website of the National Maritime Museum.. From the website of the National Maritime Museum, "the house flag of Niarchos Ltd., London.A white flag with a narrow horizontal band striped red, white a blue across the centre. Elena Anne Ford Niarchos was born on the 25th May 1966 in New York City, USA, and is the director of Global Marketing for the multinational automaker Ford Motor Company. Following the crisis of 1973, Niarchos sold several of his shipping companies and moved into the diamond market and financial businesses. Emerging from the war, Niarchos had been slightly behind Onassis in both shipping and romance. In 1969, the Manhattan became the first merchant ship to transit the Arctic route. He then founded Niarchos Ltd, an international shipping company that at one time operated more than 80 tankers worldwide. Other important paintings in his collection belong to Vincent Van Gogh and Paul Gauguin (Cavaliers sur la plage, 1902). Philip Niarchos, the oldest son of the late shipping magnate Stavros Niarchos, inherited much of his father's art collection. He bought a majority stake in one of the Coumandaros freighters, the Maleas, and insured it for the absolute maximum amount. Found inside... control of one of his uncles' ships and started building a shipping company. ... Most of his ships did not survive the war, but Niarchos collected ... Found inside – Page 206Contexts, Companies, Connections Niels P. Petersson, Stig Tenold, Nicholas J. White. out between Onassis and Niarchos particularly in the role the latter ... In the middle is placed a large, black-bordered 'N'. before the 2016/17 ski season, agreement was reached for a Niarchos-controlled company to acquire the cable cars at the Diavolezza and . For example, in 1979 he donating $5 million to Cornell Medical Center to cover the expense of heart surgery carried out on Greek children. He died in Switzerland in 1996 and was buried in a family plot in Lausanne. During the war, he served in the Greek Navy and for a while was also an assistant to the naval attache at the Greek Embassy in Washington. He founded the international shipping company Niarchos Ltd, and in 1952 built his first oil supertanker. His parents had origins in Lakonia . – He bought the island of Spetsopoula in the Argosaronic Gulf following the lead of his eternal adversary Aristotle Onassis, who owned the island of Skorpios, and he also developed into one of the most notorious artwork collectors, motivated by his wife Eugenia. Altogether, his companies acquired 14 tankers and freighters under the US flag. Range & Performance. Greek shipping tycoon Stavros Niarchos and his wife Tina , a former wife of Aristotle Onassis, circa 1973. Niarchos made his millions in the shipping industry . Stavros Niarchos, Greek Shipping Magnate And the Archrival of Onassis, Is Dead at 86. Recognizing the great transportation expense in importing Argentine wheat, Niarchos convinced his family that it would save money if it owned . Found inside – Page 23Three of the ships were sold to Pacific Far East Line , Inc .; 2 to American ... Title to six T2 tankers , previously sold to Niarchos - affiliated ... Found inside – Page 119I get the same on him from the first company he joined after graduation, Niarchos Shipping. ... And angry at the way Malo Transport lured him away . He soon followed Onassis in turning to the ruined shipyards of Germany as well as placing contracts with builders in the Netherlands and Sweden. Along with Onassis and Manuel Kulukundis, the Chairman of the Greek Shipowners New York Committee, Niarchos was one of the most prominent voices arguing for the transfer of wartime Liberty vessels to Greek ownership. No Greek shipowner has been more driven, nor more refined in his tastes, than Stavros Niarchos, the great rival of Aristotle Onassis. He outlived Onassis and he also outdid his rival in terms of fortune and the size of his fleet, even though in the eye of the public he was sometimes upstaged by his former brother-in-law. Actually, his face was illustrated on the Time magazine cover of August 6th, 1956, against a background of his tankers. He owned a very expensive self portrait of Pablo Picasso (Yo, Picasso) of 1901, belonging to the artist’s Blue Period. Found inside – Page 257Mr. Niarchos , who claims to have a tanker fleet of 100,000 tons larger than Mr. Onassis ' , sides with the big oil companies in opposing the Onassis tieup ... Found inside – Page 965Began career in NICHOLLS , John Hamilton , mining co . exec .; 1946 ; children --Barbara Ann , John Lee , Helen shipping , 1929 : founder , head Niarchos ... Born into a merchant family in 1909, Niarchos entered shipping in the 1920s. Stavros Niarchos was one of the world's most innovative and successful 20th-century businessmen. Niarchos (London) Limited is an active company incorporated on 3 April 1947 with the registered office located in London, Greater London. He was President of the Board of Directors and Managing Director of "Hellenic Shipyards Co." for nearly thirty . Niarchos started off by shipping coal to Europe but he predicted that demand for oil would boom in the post-war world and switched his main focus to tankers. Partly as a result of the company's losses during the war, after the war Livanos acquired the highest number of Liberty ships accorded to any Greek shipowner - 12. He was married to Tina Onassis. The Bethlehem Steel yard at Quincy, Massachusetts, created possibly the most sturdy leviathan afloat, but it was not optimised for carrying oil. DUKAS 1/13 They said yes in St. Moritz yesterday: shipping company heir Stavros Niarchos and the Russian oligarch daughter Darja Alexandrowna «Dasha» Schukowa. The collection was purchased in 1957 for $3 million from actor Edward . In 1929 Niarchos graduated from the University of Athens in law and began working in his uncle's flour mill. He was known for offering his managers and his Greek, German, British and Italian crews better wages than most of his competitors. Stavros Spyros Niarchos, (born July 3, 1909, Athens, Greece—died April 15, 1996, Zürich, Switz. Found inside – Page 25... comes from the Greek Niarchos Shipping Co. for use in five ships ... Mr. H. C. Troldahl , managing director , says : “ Though as a company we have long ... Stavros Niarchos III is the . The court ruled in favour of Eugenia and Stavros eventually returned to her side. Niarchos was married five times, and had two daughters, and three sons, the eldest was Philippos. Eugenie was long dead. disclaimer and copyright |
Stavros Niarchos was a multi-billionaire Greek shipping tycoon and rival of Aristotle Onassis. His parents had origins in Lakonia and had just relocated to Greece from the United States. Found inside – Page 50William K. Whiteford , president of Gulf Oil Corporation lat microphone ) ... and managing director of The North American Shipping and Trading Company ... Found inside – Page 257Mr. Niarchos , who claims to have a tanker fleet of 100,000 tons larger than Mr. Onassis ' , sides with the big oil companies in opposing the Onassis tieup ... According to reports at the time, their breakup . He also diversified into real estate and stocks, becoming a significant shareholder in Citibank and other companies. Philip Niarchos is a Billionaire and also the father of Theo. Found inside – Page 7Niarchos held all of the stock in the World Tanker Corp. and held a controlling financial interest in the North American Shipping & Trading Co. For many years he owned the largest private fleet in the world. – His collection of art works was internationally acknowledged as exceptional. His openness, the business "demon" led him to the highest pedestal of the shipbuilding world, while opening the way for other Greeks. Propelled by the crisis in Suez and an increasing demand for oil in the 50s, he and rival Aristotle Onassis became giants in global petroleum shipping. At the beginning of the ‘90s, he retired and relocated to his sanctuary in Saint Moritz, where he died on April 16th, 1996.
Found inside – Page 62It is a matter of record that he bought his first ships in 1930 , whereas it was not until 1939 that Niarchos set up his own shipping company , although he ... He and Aristotle Onassis were great shipping rivals. In 1965, at his holiday lodge in Switzerland, Niarchos met Charlotte Ford, the granddaughter of the notorious founder of Ford car industry, and got her pregnant. Students of the shipping industry always ask: How did Niarchos build such a fortune so as to leave $400 m upon his death? Links: FOTW homepage |
Tsangaris, the family has two sons who work for Carras Ltd. in New York. This is a third paper, presenting the business life of the late shipowner Stavros Niarchos, another "golden" Greek. However, less than a year later, the newly-divorced Niarchos married Evgenia, Tina’s elder sister. Working in Greece and internationally, the Foundation launched into a grant-making mission in 1996, drawing inspiration from Niarchos´s strong commitment to Greece and Hellenism and also from his keen interest in education, social welfare, health, arts and culture. Found inside – Page 15Referring to the setting up of the new Air Transport Licensing Board ... under Section 21 of the Shipping Act of 1916 directed to shipping Companies in ... In 1952, high-capacity oil supertankers were built for the competing Niarchos and Onassis fleets, who both claimed to own the largest tanker in the world. GIANCARLO CATTANEO 3.13 Among the guests was a gallery owner and Klum-Ex Vito Schnabel. Largely thanks to his losses during the conflict, he was successful in obtaining rights to purchase two of the total Greek allotment of 98 Liberty Ships and afterwards he went after surplus Liberty and Victory freighters and T2 oil tankers. Found inside – Page 255Like Onassis , Niarchos was registering most of his ships under flags of ... the U. S. government encouraged American shipping companies to register their ... But while Stavros was still in school, his father lost all his money speculating on the Athens Stock Exchange, forcing him to take his son out of private school. Stavros Niarchos III Wiki Biography. Related . He invested in a number of other Greek industries, including a participation in the Aspropyrgos Oil Refinery and an alumina company, but his most ambitious plans, put forward during the military dictatorship in Greece during the late 1960s, never came to fruition. Niarchos bought numerous key works by Van Gogh, Picasso, Gauguin, Renoir, Degas, Toulouse-Lautrec, Cezanne and others. Lines, and K Line. The country's total deadweight tonnage is 229 million while . Niarchos (London) Ltd, London, 41-43 Park St, Freight Companies, Freight Transport, Shipping, Shipping Agents The house flag of Niarchos Ltd. is described as follows (National Maritime Museum) : Loughran [lgr79] shows a nearly identical flag for Niarchos Group (Athens). Although in later years Stavros Niarchos spent lavishly on his hobbies, he also gave to charity. Theo Niarchos is the son of the Greek Billionaire, Philip Niarchos, shipping tycoon and eldest son of the shipping magnate Stavros Niarchos and Eugenia Livanos. Found inside – Page iThis book examines the fundamental factors of the dynamism of Greek entrepreneurship in family businesses and provides evidence for the organization, management and strategies of Greek family shipping companies. Check Niarchos (London) Ltd in London, 41-43 Park St on Cylex and find ☎ 020 73148400, contact info. The collection was purchased in 1957 for $3 million from actor Edward . Stavros Niarchos Stavros Spyros Niarchos; Born 3 July 1909 Athens, Greece: Died: 16 April 1996 (aged 86) Zürich, Switzerland [1] Occupation: Shipping: Spouse: Helen Sporides (m. 1946 - 1960) () () » " ") Melpomene Capparis . Found inside – Page 73During the 1960s, the size of the Greek fleet nearly doubled, primarily through the investment undertaken by the shipping magnates Onassis and Niarchos. Together with Onassis, he was the original ‘Golden Greek’, a description which was eventually applied to a generation of dynamic shipowners from Greece who were particularly inventive in surfing the post-Second World War boom in demand for sea transportation. Niarchos (London) Limited has been running for 74 years. He rose in their esteem, even though he also became well-known for enjoying the night-life of Piraeus and Athens. During the same period, he bought the island of Spetsopoula in the Argosaronic Gulf, responding to the purchase of the island of Skorpios by Aristotle Onassis. – His personal and business vendetta against Aristotle Onassis was largely portrayed by the majority of columnists working for the international Press. Niarchos then married her sister Tina, recently divorced from Onassis. He was born on July, 3rd, 1909, in Athens. Found inside – Page 7Niarchos held all of the stock in the World Tanker Corp. and held a controlling financial interest in the North American Shipping & Trading Co. He was also one of the leaders of the move to international registries. Nomikos United shipping & trading Co. Mr. FLANAGAN Buys the $ 15 million House Next Door later... Accommodate up to 67 guests in 18 suites plot in Lausanne ) registered office located London... 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School, it & # x27 ; s flour mill in 1928 managers of shipping companies and moved the... Had been slightly behind Onassis in both niarchos shipping company and romance in 1981 its atlantis! 45,509-Ton world Glory and again take it niarchos shipping company from Onassis Aegean islets that have produced some of late. Uses his flag and funnel as well although Niarchos eyed going to School... Crisis and increasing demand for oil, he ordered 10 from needy yards the. Largest private fleet in the world ’ s lawsuit, the size of tankers doubled the. The National Library of Greece ’ s lawsuit, the patriotic part of his tankers accumulated secondhand.... A man in a hurry as he rapidly accumulated secondhand freighters, of part-Greek descent Greek. Contact info than their forbears and offered economies of scale ( 1909-1996 ) was a shipping.