The assembly also elected Ioanna Procopiou of Greece’s Prominence Maritime as the next president-designate
Paul Pathy, president and CEO of Canada’s Fednav, was elected president of BIMCO by the international shipowners’ association’s assembly INSA in Copenhagen, Denmark. Pathy, the organization’s first president from the Americas, succeeds Nikolaus H. Schües.
The sector “is facing significant challenges
On the occasion of his election, Pathy highlighted that the sector represented by Bimco “is facing significant challenges saying“I am honoured to take on the role of President at BIMCO. Our industry faces significant challenges, and I am committed to raising awareness about the invaluable contributions of the shipping industry and seafarers,”
Trade is under threat and geopolitical tension
He adding “We are at a critical juncture where free trade is under threat and geopolitical tensions are escalating. It is crucial that we support our industry, ensure the safety of our seafarers and facilitate a global marketplace”.
Related:BIMCO :Product tanker deliveries jumping 256% to 16-year high
The biography of Paul Pathy
He holds a bachelor’s degree in psychology from Emory University in Atlanta and a law degree (JD) and Master of international management (MIM), both from the University of Denver in Colorado. Before returning home to Montreal to begin his Fednav career, he worked in private equity in Kansas City, Missouri, followed by a tech startup in Atlanta, Georgia.
BIMCO Presidents serve a two-year term
BIMCO Presidents serve a two-year term. To ensure organisational continuity, the President Designate sits on the Board for two years before being put up for election as President. The outgoing President remains on the Board for an additional two-year term as Immediate Past President after which Past Presidents are ex-officio Board members.
At the General Meeting, other elections
At the General Meeting, other elections were also held, with Ioanna Procopiou of Prominence Maritime SA, being elected as President Designate. Nikolaus H. Schües, as outgoing president, is now Immediate Past President.
A global shipping community in 120 countries
BIMCO‘s 2,100 members cover 64% of the world’s tonnage and consist of local, global, small, and large companies. Their offices in Athens, Brussels, Copenhagen, Houston, London, Shanghai and Singapore they aim to help build a resilient industry in a sustainable future whilst protecting world trade. they do this by finding practical solutions for our members to help them manage risk in a changing world.
Related :Bimco : Containership orderbook hits new record at end-2024
Source : Press- Release
