Angela Chao, the CEO and Chairperson of Foremost Group, a prominent dry bulk shipping company based in New York, unfortunately died in a car accident. The reports of her untimely death have devastated the maritime sector.
Chao was the youngest of six daughters of James Chao, who formed Foremost Group in 1964 with her late mother, Ruth Mulan Chu Chao. Her family was well-established in the shipping industry, and Chao was born into this family in 1974. Her tenure with the company started in 1996...