Foremost Group

Foremost Group
Company typePrivate
IndustryShipping
Founded1964 (1964)
FoundersJames S. C. Chao
HeadquartersNew York City
Websitewww.foremostgroupusa.com

Foremost Group is a privately held American shipping company, headquartered in New York City.[1][2][3][4] It operates globally, chartering vessels to companies in the dry bulk shipping industry.[3] Its clients include Bunge (St. Louis, MO), Cargill (Minnetonka, MN), Dreyfus (Rotterdam), MOL (Tokyo) and NYK Line (Tokyo).[3] Foremost Group was founded in 1964 by businessman James Si-Cheng Chao and his wife Ruth Mulan Chu Chao, who each immigrated to the United States from China by way of Taiwan.[5][6] Its chair and CEO from 2018 to 2024 was Angela Chao, the sixth daughter of the company's founders and the third of their children born in the United States.[7][8][3]

  1. ^ "Foremost Maritime Co LLC - Company Profile and News". Bloomberg.com. Retrieved 2019-06-10.
  2. ^ Tindera, Michela. "A $59 Million Will Sheds Light On Shipping Fortune Connected To Elaine Chao And Mitch McConnell". Forbes. Retrieved 2019-07-05.
  3. ^ a b c d "Foremost Group Fact Sheet". May 31, 2019. Retrieved 2019-07-05 – via DocumentCloud.
  4. ^ Cite error: The named reference ProPublica was invoked but never defined (see the help page).
  5. ^ "Harvard Business School Building Boom Continues". Harvard Magazine. October 12, 2012. Retrieved 3 March 2013.
  6. ^ "Foremost Group returns to Waigaoqiao Shipbuilding for bulker pair". Splash 247. 2017-06-29. Retrieved 2019-06-10.
  7. ^ "Angela Chao - Official Website". AngelaChao.org. Retrieved 2019-02-20.
  8. ^ "Speaker Angela Chao". AngelaChao.com. Retrieved 2019-02-20.