Word: niarchoses
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Emblazoned on the smokestacks of dozens of ships around the world is a huge white N. It does not, as landlubbers might think, stand for Nicaragua or The Netherlands but for Stavros Spyros Niarchos, 46, a short (5 ft. 7 in.), slim citizen of Greece whose private merchant fleet is...
"Greece," gushed Elsa Maxwell, "is a poor country but a proud one. When the Queen said that Greece needed tourist business, it suddenly occurred to me that someone should organize a cruise." Suiting the action to the thought, yeasty, 72-year-old Elsa went to work, talked Greek Shipping Magnate...
Even before the Achilleus sailed, a couple of hatbrims were turned ostentatiously aside. One was that of Shipowner Niarchos, who, fed up with Elsa's publicity, loudly disclaimed any connection with the cruise. ("I did get a boat for her. but I don't see why I should...
Shipowner Stavros Niarchos, after war service in the Greek navy, is building the largest cargo ship ever built in the U.S., the largest tanker in the world [TIME, Feb. 22]. Admiral Nearchus (325 B.C.), explorer, built ships and sailed from the mouth of the Indus across the Arabian Sea and...
Last year Niarchos ran into legal trouble. The U.S. Justice Department seized 15 of the ships chartered to him, on the charge that he had bought them from the U.S. Government through U.S. front corporations, though he himself was an alien and hence prohibited from such purchases. But Stavros Niarchos...