Percy R. Pyne IV
Founding Partner of Green Shipping Line, hails from a family with a legendary history in transportation. In the Nineteenth Century, the family owned and operated one of the largest fleets of Yankee Clippers, doing trade internationally. More recently, Mr Pyne’s family took the leading role in integrating the rail and bridge networks in Metropolitan New York City, creating a viable transport network known today as the Metropolitan Transportation Authority (MTA). In addition to transportation, the family have been prominent in real estate in Manhattan and the surrounding boroughs.
Mr. Pyne has been involved in the shipping world for more than twenty years. He has invested his time and family’s resources toward recreating the US Short Sea/Feedering system that existed prior to 1956. American Feeder Lines, a precursor of GSL, was co-founded by Mr. Pyne and, on a trial basis, operated a short-sea feeder service between Halifax, Portland, and Boston. The enterprise provided invaluable experience and insight into the challenges facing the nascent short-sea feedering industry. AFL was awarded one of only eight licenses to operate in the United States. Concurrently, Mr Pyne has worked for over 40 years in property acquisition, dispositions, development, ownership, management, complex ground-lease negotiations, joint ventures, and consulting. His company owns and/or manages substantial properties in New York City, New York and in Alexandria, Virginia and Denver, Colorado.
Mr. Pyne has advised on major US and international commercial transactions for Mobil Oil, USX Corporation, Chemical Bank, Goldman Sachs, Merrill Lynch, The Republic of Korea.
Mr. Pyne has been featured, quoted, and published in The Wall Street Journal, Forbes, Bloomberg, Dow Jones, Thomas Reuters, Commercial Property, CNBC, Fox Business News, Financial Times, Boston Globe, National Real Estate Investor, Real Estate Weekly and other trade publications. He holds an MBA from Columbia University and is a member of the Real Estate Board of New York