Industry & Services >> CEO Interviews >> March 29, 2004

JAMES SHERWOOD – SEA CONTAINERS LTD (SCRa)

JAMES BLAIR SHERWOOD is Founder, President and Chief Executive Officer of Sea Containers Ltd., a Bermuda company engaged in marine container asset leasing, ferry, train and port operations. Sea Containers Ltd.'s common shares are listed on the New York Stock Exchange. Mr. Sherwood serves as Chairman of Orient-Express Hotels Ltd., an affiliate of Sea Containers Ltd. listed on the New York Stock Exchange, which engages in the hotel, tourist train and cruise ship business. He has a BA in Economics from Yale University. Mr. Sherwood served as Ensign and Lieutenant (j.g.) in the U.S. Naval Reserve 1955-1958 on active duty in the Pacific. Mr. Sherwood served in various positions with United States Lines in France and New York 1959-1963 related in part to the new idea at the time of transporting cargoes by sea in large steel containers. In 1963 he was asked to establish a container leasing business for a New York-based transportation company, Container Transport International Inc. This proved to be a success but the company was undercapitalized and could not take advantage of the opportunities in the largest shipping market which was Europe. He then moved back to Europe and established Sea Containers Ltd. in 1965 in London in partnership with a Yale classmate and a mutual English friend from Paris, with the three of them providing the capital needed to start the new company. Burnham & Co. provided further capital in 1967 and the company went public in the US in 1968. Today, Sea Containers Ltd. has assets of more than $3.4 billion. Profile
TWST: We would like to begin with a brief historical sketch of the

company and a picture of things you are doing at the present time.

Mr. Sherwood: The company is a Bermuda company and our