INTERNATIONAL Marine News New CEO appointed by IFAN
The Board of Directors of the International Foundation for Aids to Navigation (IFAN) is delighted to announce the appointment of Catherine Mulvihill as its new Chief Executive Officer.
Catherine underwent a comprehensive management of change process in collaboration with the outgoing CEO, Peter Stanley, before assuming full responsibilities as IFAN’s CEO in early October 2023.
She brings a wealth of experience spanning four decades in the marine industry, including extensive knowledge in container shipping and operations, ports and terminals, and marine insurance within both mutual management and the London and commercial markets. She has been an FCA-regulated Director of UK companies and is a Court Assistant and Chair of the Education and Charity committee for the Worshipful Company of Shipwrights. Before joining IFAN, Catherine spent two decades with Charles Taylor, latterly as Managing Director for Charles Taylor TPA.
Malibu Boats to create over 700 jobs
The Department of Economic and Community Development for the US state of Tennessee has revealed that Malibu Boats is planning to invest US$75m and add 770 jobs over the next five years at the company’s facility in Lenoir City, just a few miles down the road from its headquarters in Loudon, Tennessee.
The jobs will consist primarily of manufacturing positions with some engineering and upper management positions opening, and the county executive said pay rates will be 50% to 60% higher than the local average. In addition to Cobalt and its namesake towboat brand, Malibu manufactures Axis Wake towboats, Pursuit, Maverick, Hewes, Pathfinder and Cobia.
Singapore is the world’s top maritime centre for 10th
year running
Singapore has retained its lead as the world’s top maritime centre in the Xinhua- Baltic International Shipping Centre Development (ISCD) Index for the tenth consecutive year.
The latest Xinhua-Baltic ISCD index published by the Baltic Exchange and China’s Xinhua News Agency, ranked Singapore as the leading maritime centre among 43 global maritime hubs. The index provides an independent ranking of the performance of maritime locations on factors including cargo throughput, port facilities, maritime services and business environment.
Singapore’s strategic location, international outlook and established ecosystem of professional global maritime services, as well as good governance, have contributed to the growth of their international maritime centre serving the global community.
Mr Chee Hong Tat, Acting Minister for Transport and Senior Minister of State for Finance, said, “Singapore is honoured to top the Xinhua-Baltic International Shipping Centre Development Index for the 10th consecutive year. This was made possible by the strong support of our tripartite partners from the industry and unions. We will continue to grow our maritime industry to create more good jobs for our people, and make Singapore the global maritime hub of choice.”
BIA hosts Diversity in Boating event
The Boating Industry Association Ltd (BIA) of Australia hosted a Diversity in Boating event in Sydney recently as part of its ongoing commitment to promote inclusion across the sector.
“Boating is an activity which is available to people from all walks of life, abilities, genders and backgrounds, and that is something we want to champion,” says BIA CEO Andrew Scott.
During the event, Nicole Watts, director of NSW Maritime, and Nicky Vaux, business development manager and partner of Empire Marinas Group, gave insights into diversity within their respective fields in the maritime regulator and industry.
14 | ISSUE 106 | DEC 2023 | THE REPORT
Photo by Mike Enerio on Unsplash
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