Clay Maitland

On a quest for quality in shipping

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

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 Joe Brady

Article originally appeared in TradeWinds on March 16, 2018

To read the article on TradeWind’s website, click here.

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 Adam Corbett

Article originally appeared in TradeWinds on October 4, 2013

To read the article on TradeWind’s website, click here.

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

US Cluster Tri-State Outlook: More Rivals and Higher Taxes

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… Continue reading

Jack O’Connell at The Maritime Executive Interviews Clay Maitland

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… Continue reading

Scholarships

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

Clay Maitland wins the Lloyd’s List Lifetime Achievement Award

Clay Maitland wins the Lloyd's List Lifetime Achievement Award

Lifetime winner