Archive for the ‘Accountancy’ Category

Stealthgas Inc., reports 9 months 2017 Financial and Operating results

Stealthgas Inc., reports 9 months 2017 Financial and Operating results
Harry Vafias ATHENS, GREECE, November 22, 2017. STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the third quarter ended September...
November 22nd, 2017 | Accountancy, Company Profiles, LPG, Shipmanagement, Statistics, Stock Markets | Read More

Diana Containerships Inc. reports Financial Results for Q3 and Nine Months ended September 30, 2017

Diana Containerships Inc. reports Financial Results for Q3 and Nine Months ended September 30, 2017
ATHENS, GREECE, November 17, 2017 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today reported a net loss of $8.7 million for the third quarter of 2017, compared to a net loss of $126.8 million for the same...
November 17th, 2017 | Accountancy, Company Profiles, Container shipping, News, Reports, Shipmanagement, Statistics, Stock Markets | Read More

Moore Stephens Shipping Newsletter

Moore Stephens Shipping Newsletter
Viewers can find herebelow the latest issue of Bottom Line, the newsletter of the Moore Stephens shipping team, which includes articles on operating cost movements, shipping risk and confidence, and cyber security. We look forward receiving your comments: Bottom-Line-Autumn-2017  
November 15th, 2017 | Accountancy, Communication, Company Profiles, Shipmanagement | Read More

MISC Group financial results for 9 months period ended 30 Sept. 2017

MISC Group financial results for 9 months period ended 30 Sept. 2017
Yee Yang Chien – MISC President CEO MISC is pleased to announce its financial results for the financial period ended 30 September 2017. Financial Highlights The Group revenue for the quarter and the 9 months period ended 30 September 2017 were higher than the corresponding quarter and 9 months...
November 3rd, 2017 | Accountancy, Company Profiles, News, Shipmanagement, Statistics, Stock Markets | Read More

Continuing to pay crew with cash will bring further challenges, says ShipMoney

Continuing to pay crew with cash will bring further challenges, says ShipMoney
Stuart Ostrow, President, ShipMoney Paying crew members in cash will lead to further challenges of increased incidents of piracy and theft, says global financial payments company ShipMoney. ShipMoney President Stuart Ostrow will address delegates at Crew Connect Global, taking place between 6th to 8th...
October 31st, 2017 | Accountancy, Events, Conferences,Forums and Symposiums, HR, Marine Equipment Products and Services, Shipmanagement | Read More

Moore Stephens says shipping must beware exposure to changing risk landscape

Moore Stephens says shipping must beware exposure to changing risk landscape
Michael Simms The third annual Shipping Risk Survey from international accountant and shipping adviser Moore Stephens confirms that the effective management of risk within the industry has improved slightly over the past 12 months. But shipping still needs to up its game in terms of managing its exposure...
August 31st, 2017 | Accountancy, Insight, Markets, News, Shipmanagement | Read More

PAO Sovcomflot: H1 2017 Results

PAO Sovcomflot: H1 2017 Results
  Nikolay Kolesnikov – Executive Vice-President of PAO Sovcomflot, Chief Financial Officer PAO Sovcomflot: H1 2017 Results (six months to 30 June 2017) SCF’s expanding industrial shipping business provides resilience in challenging conventional tanker market H1 2017 Highlights World’s...
August 30th, 2017 | Accountancy, Company Profiles, Markets, News, Shipmanagement, Statistics | Read More

STEALTHGAS INC. reports Q2 2017 financial and operating results

STEALTHGAS INC. reports Q2 2017 financial and operating results
Harry Vafias STEALTHGAS INC. (GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the second quarter ended June 30, 2017. OPERATIONAL AND FINANCIAL HIGHLIGHTS Operational...
August 24th, 2017 | Accountancy, Shipmanagement, Statistics, Stock Markets | Read More

Maersk Supply Service: Q2 interim results: Solid performance in a tough market

Maersk Supply Service: Q2 interim results: Solid performance in a tough market
… Maersk Supply Service reported a loss of USD 10m (loss of USD 106m) in Q2 2017. The underlying loss was USD 11m (loss of USD 8m), driven by lower utilisation in a challenging market with oversupply of offshore support vessels. For more information on the quarterly result, please see the attached...
August 17th, 2017 | Accountancy, Company Profiles, Reports | Read More

MISC Group financial results…

MISC Group financial results…
Yee Yang Chien – MISC President CEO MISC Group financial results for the 6 months period ended 30 June 2017 Kuala Lumpur, 9 August 2017  – MISC is pleased to announce its financial results for the financial period ended 30 June 2017. Financial Highlights: Group revenue for the quarter...
August 9th, 2017 | Accountancy, Markets, News, Shipmanagement, Statistics, Stock Markets | Read More

“K” Line Announce Financial Highlights for 1st quarter FY2017

“K” Line Announce Financial Highlights for 1st quarter FY2017
.. July 31, 2017 Kawasaki Kisen Kaisha, Ltd. Please be advised that “K” Line Tokyo Head Office published the following press release today. ・Financial Highlights for 1st quarter FY2017 –  Click here ・Forecast for the Interim and Year-end Dividends for the Fiscal Year ending March...
July 31st, 2017 | Accountancy, Company Profiles | Read More

Re-positioning Greece as a global maritime capital

Re-positioning Greece as a global maritime capital
Greece’s position is ideal to all intents and purposes for conducting  hipping business. Today, we are pleased to share with you a new, insightful EY study, titled “Re-positioning Greece as a global maritime capital”*. In this report, EY examines the role of Greece as a global shipping...
July 14th, 2017 | Accountancy, News, Shipmanagement, Shipping Centers, Trade and Commerce | Read More

Stealthgas Q1 results

Stealthgas Q1 results
Harry Vafias Harry Vafias-led owner’s earnings per share three cents ahead of consensus in first quarter. May 25th, 2017 14:16 GMT by Andy Pierce Published  in FINANCE StealthGas has recorded a stronger than forecast first quarter profit fueled by its highest fleet utilization performance in...
May 25th, 2017 | Accountancy, Shipmanagement, Statistics, Stock Markets | Read More

PAO Sovcomflot Q1 2017 Results

PAO Sovcomflot Q1 2017 Results
Sergey Frank President & CEO of Sovcomflot Sovcomflot demonstrates resilience amid tanker market slowdown Tanker freight market experiences significant headwinds, with some spot market segment TCE rates down over 40* per cent year-on-year. However, diversified fleet and balanced freight policy enable...
May 23rd, 2017 | Accountancy, Company Profiles, News | Read More

Diana reports financial result for Q1 ended 31 March 2017

Diana reports financial result for Q1 ended 31 March 2017
Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2017 ATHENS, GREECE, May 23, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today reported a net loss of $26.5 million and net...
May 23rd, 2017 | Accountancy, Company Profiles, Dry Bulkcarriers, Markets, News, Reports, Shipmanagement, Statistics, Stock Markets | Read More

“K” Line: Financial Highlights for FY2016

“K” Line: Financial Highlights for FY2016
Following  from “K” Line and distributed Portcare International Ltd: Please be advised that we, “K” Line Tokyo Head Office, published the following press release today. Please click the following addresses to read our reports. ・Financial Highlights for FY2016 http://www.kline.co.jp/en/ir/library/bs/__icsFiles/afieldfile/2017/04/28/fh2016_4con_e_final_1.pdf ・Differences...
April 28th, 2017 | Accountancy, Company Profiles, Liner Shipping and Trade | Read More

Ecoslops nearly doubles revenues and reports a strong decrease in operating losses…

Ecoslops nearly doubles revenues and reports a strong decrease in operating losses…
PARIS – 5 April 2017 – Ecoslops (ISIN: FR0011490648; Ticker: ALESA / PEA-PME eligible), an innovative technology company that upgrades ship-generated hydrocarbon residues, or “slops”, into valuable new fuels and light bitumen, today announced its annual consolidated results, as of the end of...
April 5th, 2017 | Accountancy, Company Profiles | Read More

PAO Sovcomflot: 2016 Full Year Results

PAO Sovcomflot: 2016 Full Year Results
Sergey Frank President & CEO of Sovcomflot 2016 Audited Financial Results (Year to 31 December) Robust strategy delivering solid results despite market volatility in 2016 PAO Sovcomflot (‘SCF Group’), Russia’s largest shipping company and one of the world’s leaders in energy shipping, as...
March 20th, 2017 | Accountancy, Company Profiles, News, Shipmanagement | Read More

VIKING gaining ground in continued difficult market

VIKING gaining ground in continued difficult market
Henrik Uhd Christensen VIKING Life-Saving Equipment A/S is experiencing a moderate slowdown following several years of continuous growth. In a market affected by continued decline in two important segments, cargo vessels and offshore, revenue for 2016 totaled DKK 1.858 billion, compared to DKK 1.891...
March 20th, 2017 | Accountancy, Company Profiles, Health and Safety, Marine Equipment Products and Services, Safety and Security, Ship Demolitions | Read More

Diana announces the Filing of its 2016 Annual Report on Form 20-F

Diana announces the Filing of its 2016 Annual Report on Form 20-F
Diana Shipping Inc. Announces the Filing of its 2016 Annual Report on Form 20-F ATHENS, GREECE, February 21, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that on February 17, 2017 it filed its...
February 21st, 2017 | Accountancy, Company Profiles, Dry Bulkcarriers, Markets, News, Reports, Statistics, Stock Markets | Read More

Wärtsilä Corporation Annual Report 2016

Wärtsilä Corporation Annual Report 2016
  Wärtsilä Corporation’s Annual Report 2016 is now online. Discover the new pathways the company is setting forth upon. TALKING TRANSFORMATIONS HOW SKYLIGHT WILL CHANGE THE WORLD OF SHIPPING FOR GOOD In July, Wärtsilä enhanced...
February 9th, 2017 | Accountancy, Company Profiles, Marine Equipment Products and Services, Reports, Technical, Technology | Read More

Wärtsilä’s financial statements bulletin January – December 2016

Wärtsilä’s financial statements bulletin January – December 2016
Wärtsilä Corporation FINANCIAL STATEMENTS BULLETIN 27 January 2017 at 8.30 a.m. local time WÄRTSILÄ’S FINANCIAL STATEMENTS BULLETIN JANUARY-DECEMBER 2016 SATISFACTORY PERFORMANCE SUPPORTED BY GOOD FOURTH QUARTER This release is a summary of Wärtsilä’s financial statements bulletin...
January 27th, 2017 | Accountancy, Company Profiles, Marine Equipment Products and Services, Markets, Reports, Statistics, Stock Markets | Read More

NEWTEC announces record growth and senior leadership change

NEWTEC announces record growth and senior leadership change
Newtec HQ in Sint-Niklaas, Belgium SINT-NIKLAAS, Belgium, 21 December 2016. Newtec – a specialist in designing, developing and manufacturing equipment and technologies for satellite communications – today announced record revenue and profitability growth figures, including revenue growth...
December 21st, 2016 | Accountancy, IT and Communications, Marine Equipment Products and Services | Read More

Moore Stephens wins Lloyd’s List Greek Shipping Award for OpCost

Moore Stephens wins Lloyd’s List Greek Shipping Award for OpCost
OpCost, the market-leading ship operating costs benchmarking tool from international accountant and shipping adviser Moore Stephens, has won a prestigious Lloyd’s List Greek Shipping Award.  The Lloyd’s List Intelligence Big Data Award, sponsored by the Department of Merchant Shipping of the Republic...
December 5th, 2016 | Accountancy, Awards, HR, People and Places, Shipmanagement | Read More

Stealthgas reports Q3 2016 financial and operating results

Stealthgas reports Q3 2016 financial and operating results
Harry Vafias STEALTHGAS INC. REPORTS THIRD QUARTER 2016 FINANCIAL AND OPERATING RESULTS ATHENS, GREECE, November 29, 2016. STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited...
November 29th, 2016 | Accountancy, Company Profiles, LPG, Statistics, Stock Markets | Read More