His appointment to the second chamber of the UK’s parliament is the result of a Conservative hereditary peers’ by-election following the death of Lord Montagu of Beaulieu in August.
Barrister Fairfax, who holds the hereditary title of Lord Fairfax of Cameron, has been a director with the Russian shipowner’s UK arm since 2005.
Fairfax told TradeWinds he sometimes feels as though he has “lived his life in reverse” after previously serving in the Lords — a place often seen as the stamping ground of the UK’s more senior parliamentarians — from the comparatively young age of 21.
He
