Tung Chao Yung
| Tung Chao-yun Tung Chao-yung 董浩雲/董浩云 |
|
|---|---|
| Born | 1912 Ningbo, Zhejiang Province, China (current Zhoushan) |
| Died |
15 April 1982 (aged 70) Hong Kong |
| Occupation | Founder of Orient Overseas Container Line |
| Children |
Tung Chee Hwa Tung Chee Shing Tung Chee Ping Tung Siu-ping Tung Yi-ping |
Tung Chao Yung (traditional Chinese: 董兆榮; simplified Chinese: 董兆荣; pinyin: Dōng Zhàoróng) better known as 董浩雲, Chinese: 董浩云; pinyin: Dōng Hàoyún, born 18th of the eighth lunar month in 1912 (September 28); died 15 April 1982), also known as C. Y. Tung, was a Chinese shipping magnate, the founder of the Orient Overseas Line (now Orient Overseas Container Line or OOCL). He was the father of Tung Chee Hwa, the first chief executive of the Hong Kong S.A.R..
At the peak of his career, he owned a shipping fleet with over 150 freight ships; his fleet's cargo capacity exceeded 10 million tons. He was one of the world's top seven freight moguls; he was often called the Onassis of the Orient.
Tung believed in the importance of education. In September 1970, he bought the famous ocean liner RMS Queen Elizabeth to convert it into a floating university S.S. Seawise University to keep the World Campus Afloat program alive. On 9 January 1972, the ship caught on fire during refurbishing and sank into Hong Kong's harbour. The wreckage of the ship was featured in the James Bond movie, The Man with the Golden Gun. He did not give up the plan because of this setback. He bought a smaller ocean liner Atlantic to complete the plan. He cooperated with various universities (e.g. University of Pittsburgh) to run the academic sea programme with the Institute of Shipboard Education entitled Semester at Sea.
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