Tag: World Maritime University

The future of this important maritime institution looks more secure Just about everyone in the maritime world agrees that the World Maritime University has been a thoroughly positive development.It was inaugurated in 1983, primarily to provide the practical assistance for the developing world to bring its maritime administrations up to the necessary level to enable them to implement all the regulatory activity being produced by its parent body, the International Maritime Organization.It has, over the years, educated graduates from 157 countries and has established a reputation for advanced education, training and research for a whole range of marine specialities. More important its alumni, now around 3,000 spread around the world, are exactly the people international maritime industry needs to uphold high standards in a universal fashion. Financing the WMU, despite its growing reputation, has been something of a struggle. It is too young an institution to have built up the funds necessary to provide it with the financial stability that is necessary to help it to ride out the occasional economic storms. And while the member states of the parent body agree as to the university's usefulness, only a small minority of member states contribute to its upkeep. Ideally, all ...

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 ...