Spyros M. Polemis, Class of '61, Leader in the Modern Shipping Industry, Elected...

Spyros M. Polemis, Class of '61, Leader in the Modern Shipping Industry,
Elected to the Stevens Institute of Technology Board of Trustees
Global business leader is prominent figure in international maritime commerce

HOBOKEN, N.J., July 6 /PRNewswire-USNewswire/ -- Spyros M. Polemis, a widely
respected international business leader who has spent more than 45 years as a
prominent figure in the global shipping industry, has been elected to serve on
the Stevens Institute of Technology Board of Trustees. Mr. Polemis was named
to the board during its spring meeting, May 20-21, 2009. Polemis is a Class of
1961 graduate of Stevens Institute of Technology.

Polemis' family has roots in shipping that date back several centuries. He is
chairman and managing director of Seacrest Shipping Co. Ltd., the London
representative of a large group of shipping interests with a history of more
than 200 years in the business. His company helps to operate the ships of the
world, from "tween-deckers" to tankers, and has managed building and repair
projects in shipyards around the globe.

"We are very pleased that an alumnus of such prominence will be working with
us to advance the ascent of Stevens Institute of Technology among the world's
leading technological universities," said Stevens President Harold J. Raveche.
"As a historical leader in maritime architecture, design and security, Stevens
will benefit greatly from the outstanding expertise of Mr. Polemis, who stands
as an illustrious figure in global maritime commerce, shipping, and
yacht-building, as well as in the world of competitive sailing, in the grand
tradition of the Stevens family who founded our institution."

"Spyros Polemis is a world-renowned figure in one of the most important
industries affecting global commerce," said Provost & University Vice
President George P. Korfiatis. "Under his wise guidance and stewardship, major
segments of the maritime industry have experienced steady growth, as well as
world-wide integration of technology and logistical planning."

Polemis also serves as chairman of the International Chamber of Shipping
(ICS), the international trade association for merchant ship owners, concerned
with all regulatory, operational and legal issues. He is also president of its
sister organization, the International Shipping Federation, the international
employer's organization for the industry that deals with labor affairs and
training issues. These organizations -- the leading shipping organizations in
the world -- represent the collective interests of ship-owner associations
from 40 countries, including the United States, most of Europe, Japan and
Australia. ICS membership consists of national ship-owners' associations
representing more than 70% of the world's merchant fleet.

As head of the ICS, Polemis works with shipping associations and governmental
agencies, most notably the International Maritime Organization (IMO), the
United Nations agency with responsibility for the safety of life at sea and
the protection of the marine environment. Another associated government agency
is the U.S. Coast Guard.

Polemis has been very active with many other shipping industry-related
organizations over the years, serving in leadership capacities, as Chairman of
INTERCARGO (International Association of Dry Cargo Shipowners), Newcastle P&I
and North of England P&I (both leading mutual insurance groups in the UK) and
at the INTERTANKO Board (The International Association of Independent Tank
Owners). He serves as Vice Chairman of the Greek Shipping Cooperation
Committee. He is also a member of the Society of Naval Architects and Marine
Engineers in the U.S.

Born in Greece, and educated in Athens, London and the United States, Polemis
is also Archon of the Greek Orthodox Patriarchate of Constantinople, a Freeman
of the City of London and a Liveryman of The Worshipful Company of
Shipwrights.

As a Stevens student, Polemis served as president of Pi Lambda Phi and
belonged to the Interfraternity Council and the Yacht Club. After college, he
did his National Service with the Greek Coast Guard as an Officer/Ships'
Inspector. Thereafter, he worked for the family business until 1970, when he
formed his own company.

Polemis established a Stevens family legacy, as his son Leonidas S. '90, and
nephew, Peter L.G. Louloudis '85, are Stevens graduates, as was his late son,
Michael S. Polemis '84, M.Eng. '85. He has two daughters, Anna and Katerina.
He and his wife, Anastasia, live in London.

For his many distinguished endeavors and world-wide achievements, the Stevens
Alumni Association presented to Mr. Polemis the Stevens Honor Award in 2007.

About Stevens Institute of Technology
Founded in 1870, Stevens Institute of Technology is one of the leading
technological universities in the world dedicated to learning and research.
Through its broad-based curricula, nurturing of creative inventiveness, and
cross disciplinary research, the Institute is at the forefront of global
challenges in engineering, science, and technology management. Partnerships
and collaboration between, and among, business, industry, government and other
universities contribute to the enriched environment of the Institute. A new
model for technology commercialization in academe, known as Technogenesis(R),
involves external partners in launching business enterprises to create broad
opportunities and shared value. Stevens offers baccalaureates, master's and
doctoral degrees in engineering, science, computer science and management, in
addition to a baccalaureate degree in the humanities and liberal arts, and in
business and technology. The university has a total enrollment of 2,150
undergraduate and 3,500 graduate students with about 250 full-time faculty.
Stevens' graduate programs have attracted international participation from
China, India, Southeast Asia, Europe and Latin America. Additional information
may be obtained from its web page at www.stevens.edu.

For the latest news about Stevens, please visit www.StevensNewsService.com.

SOURCE Stevens Institute of Technology

Patrick A. Berzinski of Stevens Institute of Technology, +1-201-216-5687,
pberzins@stevens.edu