Clay Maitland

On a quest for quality in shipping

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By Clay Maitland

Posted on | April 17, 2018 | No Comments

4/16/2018
In this 133rd edition in the series, Clay discusses the $300 million funding of the first of the class of National Security Multi-Mission Vessel (NSMV) ships with the recent passage of the Omnibus Bill. This will serve as a new state academy training ship to replace the aging SUNY Maritime College Empire State VI. The second in the NSMV class, slated for FY 2019, will replace the Massachusetts Maritime Training Ship, TS Kennedy. In addition, he also comments on the $750 million allocated for the USCG Polar Icebreakers.

Original Posting by Maritime TV

/www.maritimetv.com/Events/Clay-Maitland_Video-Series/VideoId/3170/mondays-with-maitland-clay-maitland-discusses-the-omnibus-bill-funding-of-the-first-nsmv-ship-and-uscg-polar-icebreakers

US Tri-State cluster outlook: more rivals, higher taxes

By Sophia Gangei

Posted on | April 5, 2018 | No Comments

US Tri-State cluster outlook: more rivals, higher taxes

Greg Miller, Senior Editor | 1 March 2018

Clay Maitland. Credit: Chris Preovolos/CMA

Clay Maitland

“It’s a very exciting time to be in New York – for the law firms, the capital markets, and private equity – because it’s a very interesting market and it’s the only really liquid maritime [capital] market,” said Frank Dunne, a partner and the immediate past chairman of law firm Watson, Farley & Williams.

“I think 2018 will be a very exciting year for the listed companies,” he told Fairplay. “They have access to capital and access to debt – being listed in New York is the best place to be if you want to borrow money – and… Continue reading

Analysts get all fired up again over governance allegations

By Sophia Gangei

Posted on | March 20, 2018 | No Comments

By Joe Brady

Article originally appeared in TradeWinds on March 16, 2018

(323) 220-1910

Aegean deal proves catalyst for revival of tough words at a Capital Link forum that usually treats owners gently

The scene on late Monday afternoon was like nothing in recent memory at a Capital Link finance forum.

A rambunctious panel of equity analysts at New York’s Metropolitan Club could be described as trashing shipping’s corporate-governance record, including the industry’s history of related-party conflicts.

Seated just feet away, and appearing to grow increasingly rigid in his seat, was Capital Link president Nicolas Bornozis — both the organiser of the forum a leading defender of shipowners with related party structures, though he… Continue reading

Maitland Calls for More Action to Tackle Ongoing Safety Flaws

By Sophia Gangei

Posted on | March 16, 2018 | No Comments

By Adam Corbett

Article originally appeared in TradeWinds on October 4, 2013

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International Registries managing partner Clay Maitland hits out at the industry’s failure to solve long-standing safety issues and says more class mergers would be a good thing

Chinese yards have still not totally overcome their quality problems, according to one flag-state veteran who wants classification societies to step up to the plate to ensure that all ships are built to the required standard.

Clay Maitland, a managing partner at International Registries, the US company that supports the Marshall Islands Registry, and an outspoken independent campaigner for safer shipping, says problems, including fatigue cracking, engine issues and lifeboat-release mechanism failure, are still… Continue reading

(250) 204-2925

By Sophia Gangei

Posted on | March 16, 2018 | 312-848-4677

By Greg Miller

Article originally appeared in Fairplay, 15 March 2018-Vol 300-Issue 6927

Click here to read the article on Fairplay’s Website

“It’s a very exciting time to be in New York – for the law firms, the capital markets, and private equity – because it’s a very interesting market and it’s the only really liquid maritime [capital] market,” said Frank Dunne, a partner and the immediate past chairman of law firm Watson, Farley & Williams.

“I think 2018 will be a very exciting year for the listed companies,” he told Fairplay. “They have access to capital and access to debt – being listed in New York is the best place to be if you… 508-792-9776

New York: Where Maritime Arbitration Began

By Clay Maitland

Posted on | February 19, 2018 | No Comments

New York: Where Maritime Arbitration Began

By Clay Maitland

Article first appeared in NYMAR (New York Maritime Inc.) – New York is the Capital for Shipping

Click here to read

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Jack O’Connell at The Maritime Executive Interviews Clay Maitland

By Sophia Gangei

Posted on | February 19, 2018 | No Comments

This interview appeared in The Maritime Executive – January/February 2018 Issue

What attracted you to the maritime business?

I went to college at Columbia University and then Law School at New York Law in Lower Manhattan. My stepfather, who had a lot of contacts in banking and the legal profession, suggested that I apply for a job at Burlingham Underwood and Lord. I did and, to my surprise, received an invitation to come down and interview with them.
As it turned out, I only got a few job offers and chose the one from Burlingham because it was an admiralty law firm. I had never studied admiralty law, and I admitted it to the partner who interviewed… 639-391-0706

Scholarships

By Sophia Gangei

Posted on | January 3, 2018 | (484) 292-8204

Clay Maitland has endowed two scholarships for students entering the maritime industry:

  1. The Clay Maitland Scholarship in International Transportation, at the State University of New York Maritime College (Ft. Schuyler), for the benefit of students in the Master of Science degree program in International Transportation Management;
  2. The Virginia Maitland Sachs Charitable Scholarship Fund at the Massachusetts Maritime Academy, Buzzards Bay, MA, for the benefit of students at the Academy.

&nbsp… Continue reading

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By Sophia Gangei

Posted on | May 23, 2016 | No Comments

Clay Maitland wins the Lloyd's List Lifetime Achievement Award

Lifetime winner

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By Clay Maitland

Posted on | February 20, 2015 | No Comments

6th Annual Capital Link
Greek Shipping Forum
“Opportunities & Challenges”

Tuesday, February 24, 2015 – Athens, Greece

When I chose this title, along with Nic Bornozis, I might have been thought to be drunk or crazy. It is, after all, hard to find one, let alone ten, such “signs”.

There is an old saying: “if you seek a sign, look to the heavens”.

Well, I’ve tried looking everywhere else, with mixed success.

Certainly, we in this industry have been assailed by what the bible calls “job’s messengers”, or false hopes.

These are therefore hard times also for Chinese ports, Norwegian offshore shipowners and us investors.     Just to name three categories.

Recently, the Baltic Dry Index (BDI) put a number on the… (812) 988-3352

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