.....
SIR YUE-KONG PAO CBE LLD JP
Born 1918 Zhejiang Province, China.
Educated Shanghai and went
into banking. Took refuge in Hong Kong in 1949, entering import/
export business. Purchased first ship in 1955 and formed World-
Wide Shipping Group, now the world's largest independent, of
which he is Chairman and President.
Banker by origin. and instinct, remains a Director of Hongkong
and Shanghai Banking Corporation. Takes keen interest in Inter-
tanko (representing 80% of world's independent tanker tonnage)
of which he is Chairman.
Rumoured to be trying to bring dry
bulk tonnage under the wing of Intertanko which would give it
even greater influence. Recently joined Hong Kong Shipowners
Association but stands aloof from Liberian Shipowners Association
although most of his fleet flies Liberian flag.
Guest of President and Mrs Marcos at UNCTAD V. Invited to
President Reagan's Inauguration. On visiting terms with
was intilreath. Wie munister
leadership where a cousin is Minister of Tourism.
(Has
$50 million shipping joint venture with China). -Visited
Chinese
China in early-December. Frequent contacts with British Ministers
and called on Prime Minister in June 1979, November 1980, and
July 1981 and Decuber 1981, the fine mainte
name.)
Ons
of his chip
Mart 1982.
CBE 1976.
Married, four daughters.
Knighted 1978.