Tag: World Maritime University

Three plans drawn up by the University to guide its future development The World Maritime University (WMU) Board of Governors, meeting for its 29th regular session, has welcomed the improvement in the University's budgetary position since the last session and approved three plans drawn up by the University to guide its future development.The Board met in Malmö City Hall, on 2 June 2011, under the chairmanship of the University's Chancellor, the International Maritime Organization (IMO) Secretary-General, Mr. Efthimios Mitropoulos. This was the second meeting of the Board since the governance arrangements at the University were updated, through the revision of its Charter, which came into effect on 1 January 2010. The recently-appointed Chairman of the Executive Board, Mr. Torben Skaanild, also attended the meeting.The Board welcomed the improvement in the University's budgetary position since its last session, which had been achieved through a number of measures including the financial support provided by the IMO in 2010 and 2011; the restructuring of academic programmes; significant cost-saving and income-generating activities by the University itself; and additional donations from governments and industry.The Board noted that, as had been the case since the University's inception, the longer term financial outlook was, however, challenging and ...