From its single-ship beginnings, Waterman had amassed a fleet of 125 ships, owned and operated its own shipbuilding and repair yards, owned or controlled three other shipping companies and employed thousands of workers.
Starting with just one ship, Waterman expanded to a massive fleet of 125 vessels. The company also established its own shipyards and repair services, as well as owning or controlling several other shipping companies. This led to the creation of thousands of jobs for workers.