Our Expertise

Foremost Group is an American shipping company headquartered in New York that charters out some of the world’s largest and most eco-friendly ships to blue-chip clients who use the vessels to transport dry bulk products to markets around the world. The company was founded in 1964 by Dr. James S.C. Chao and his late wife, Mrs. Ruth Mulan Chu Chao. Their daughter, Angela Chao, became CEO in 2018.

As a global leader in dry bulk shipping, Foremost Group has earned a worldwide reputation for its commitment to exceptional service and performance while always holding itself to the highest ethical standards.

Foremost Group is an industry leader in incorporating fuel-efficient designs and technologies in its fleet of modern and eco-friendly dry bulk carriers. The company can ship more than 20 million tons of goods around the world each year for its blue-chip clients. This includes a wide variety of dry bulk products, such as grains, soybeans, iron ore, and other essential goods.

Foremost ensures the highest-quality service by exclusively managing ships that have been built to its high standards and specifications. To maintain rigorous quality control, the company does not manage pre-owned or secondhand vessels.

Since its founding, Foremost Group has incorporated eco-friendly designs and technologies in the company’s fleet which today includes some of the world’s largest and most eco- friendly bulk carriers. This is in keeping with Dr. Chao’s steadfast belief that treating the environment with respect is not only a good business practice, but it’s also a solemn responsibility. Foremost Group is proud to have an industry-leading track record on environmental issues for almost 60 years.

Our Leadership

Dr. James S.C. Chao

Founder and Honorary Chairman

After earning his MBA in Management from St. John’s University in New York in 1964, Dr. Chao founded Foremost Maritime Corporation, which was later expanded to Foremost Group. As an early adopter of green technology, Foremost Group has incorporated fuel-efficient designs and technologies in its fleet of ships, which are ranked among the world’s most eco-friendly bulk carriers. For his outstanding contributions to the maritime industry, Dr. Chao was inducted into the International Maritime Hall of Fame at the United Nations in New York City.

Angela Chao

Chair and Chief Executive Officer

Ms. Chao is Chair and CEO of Foremost Group, a global leader in the dry bulk shipping industry founded by her father Dr. James S.C. Chao with her mother, the late Mrs. Ruth Mulan Chu Chao, in 1964 in New York.

Ms. Chao was previously Vice President of Foremost Group, concentrating on Ship Operations and Ship Management, and then promoted to Senior Vice President of the Company, adding Chartering and Sale & Purchase to her responsibilities.

Our Locations

New York
Austin
Hong Kong
Shanghai
Imari


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