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Dr. Shashi Kumar
We had the privilege to pick the brain of Dr. Shashi Kumar (right) a Master Mariner, Fulbright Senior Specialist Fellow and Professor Emeritus of International Business and Logistics, for his take on a wide range of maritime matters near and far. A market boom starting in 2014? The long-term effects of Sequestration? A âcapâ on the size of ships? He covers it all. This maritime economy has been bad for a number of years. Put in perspective the downturn now vs. traditional downturns.
The Year in Review
The last 12 months has been one for the books ... or the trash. There was no shortage of government inducements to turn the lackluster tide in 2012âstimulus spending in China and Japan, quantitative easing by the U.S. Federal Reserve, and multiple actions by the European Central Bank to strengthen the Eurozone. But as the year evolved, weak macroeconomic fundamentals decisively trumped monetary policy initiatives and continued their choke on global commerce, hence the maritime sector.
âLies, Damned Lies & Statisticsâ
Popularized by Mark Twain and generally credited to 19th-century British Prime Minister Benjamin Disraeli (1804â1881)*, the above line, which in its full form is âThere are three kinds of lies: lies, damned lies, and statisticsâ is one of my favorites. This being our June 2013 âYearbookâ edition, a publication literally packed with â statistics â I will leave it up to you, the discriminating reader of our pages, to determine the veracity of the numbers reported within.
USMMA Welcomes Incoming Class of 2016
274 plebe candidates take part in "Indoc Day" at the U.S. The U.S. Merchant Marine Academy welcomes its incoming Class of 2016, consisting of 274 plebe candidates representing 47 states, the District of Columbia and the three foreign countries of South Korea, Malaysia and Panama. "The new plebe candidates make up one of the most diverse classes at the Academy," said Dr. Shashi Kumar, acting superintendent at the U.S. Merchant Marine Academy.
LaHood Announces USMMA Renovation Plan
U.S. Transportation Secretary LaHood Announces $54 Million for Merchant Marine Academy Campus Renovations, Next Step for Strategic Plan. U.S. Transportation Secretary Ray LaHood took part in a town hall meeting today with midshipmen, faculty and staff at the U.S. Merchant Marine Academy in Kings Point, NY, to announce $54 million for additional campus construction and renovations. While at the AcademyâŚ
Kings Point Superintendent Resigns
U.S. Transportation Secretary Ray LaHood accepted the resignation of Rear Admiral Allen Worley, Superintendent of the U.S. Merchant Marine Academy at Kings Point, N.Y., effective January 4, 2010.
Maine Maritime Academy Restructures Loeb-Sullivan School
Dr. Logistics has been restructured. graduate and undergraduate degrees in business. leader in its area of expertise. Accordingly, M.S. have been revisited to meet changing industry needs.