Christoffer Hanneving

In the rapid expansion of American maritime interests there has been a large Scandinavian influence, many men of superior and expert knowledge of shipping and overseas interests hav-ing brought their experience and abilities into the work of building up the shipping interests and international trade relations of the United States.

Of these no one has taken a more prominent md active part in the creation of extended trade relations and shipping facilities than Christoffer Hannevig, doing business through his principal of fice at 139 Broadway. Mr. Hannevig, who was born in Norway thirty thirtyfive years ago, has been for some time engaged the shipping business it Christiania, Norway and is still at the head f Christoffer Hannevig, A S, of that city, which has long done an active business.

The war brought him, as it did many other Nor-wegian shipping firms, nro closer touch with rrans-atlantic trade, and in 1915 he decided to ome to New York to establish shipping relations. Here he engaged in a ship brokerage business, and in December, 1916, organized the corporation of Christoffer Han-

Inv.,32 Broadway, which has rapidly ad- onord to the position of one of the foremost shipping companies.

Through this organization Mr. Hannevig con-ducts. In addition to his ship operations, an exten-sive ship brokerage business, through which many n.portant sales have been made.

At 139 Broadway he has established the firm f Hannevig and Company, through which*a large 0 reign exchange business, principally with Scan-dinavian countries, is conducted. The bond de-partment of this firm makes a specialty of financing marine properties, especially vessel properties, through first mortgages, which are distributed through brokers and dealers to the public.

Mr. Hannevig owns the controlling interests in the Pusey & Jones Company, of Wilmington, Del-aware, one of the oldest shipbuilding organizations in the United States, with yards at Gloucester, New Jersey, and at Wilmington, Delaware,

at which were built during the war and delivered to the United States Shipping Board cargo vessels and tankers aggregating in excess of 120,000 deadweight tons.

In addition to this he is largely interested in the Dominion Shipbuilding Company of Toronto, Canada, from which he has launched and delivered during the past year six cargo vessels of from 3,500 to 4,400 tons deadweight each. This company is now building vessels for the account of Scandinavian owners and Dominion Government.

Mr. Hannevig also owns the controlling in-terests in several maritime insurance companies, namely, Northern Underwriting Agency, Jefferson Insurance Company, North Atlantic Insurance Company and the Liberty Marine Insurance Company.

The large activities which Mr. Hannevig has thus built up has been made possible by the high degree of constructive ability which Mr. Hannevig has brought to his operations. His sound judgment of the opportunities offered by the growing maritime interests of New York have made him one of the leaders in the shipping world.