Archive for the ‘Accountancy’ Category

Four-year high in shipping confidence levels

Four-year high in shipping confidence levels
Richard Greiner Shipping Confidence Survey Shipping confidence reached a four-year high in the three months to end-February 2018. The average confidence level expressed by respondents was up from 6.2 out of 10.0 in November 2017 to 6.4 this time.  If you would like to discuss the survey results in...
March 28th, 2018 | Accountancy, Reports, Shipmanagement, Special Surveys | Read More

ECG end of year compliance

ECG end of year compliance
  Keeping up with all your employer compliance deadlines can be a challenge. With a relatively short time period to prepare and submit these returns, it can be costly if deadlines are not met or incorrect information is submitted. Penalties and interest will be due on late filing or late payment...
March 9th, 2018 | Accountancy, Regulatory | Read More

STEALTHGAS Inc. reports 12 months ended 31 Dec 2017, financial and operating results

STEALTHGAS Inc. reports 12 months ended 31 Dec 2017, financial and operating results
Harry Vafias ATHENS, GREECE, February 22, 2018. 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 fourth quarter and twelve months...
February 22nd, 2018 | Accountancy, Company Profiles, Gas Carriers, News, Reports | Read More

Diana Containerships Inc. Reports Financial Results for the Fourth Quarter and year ended December 31, 2017

Diana Containerships Inc. Reports Financial Results for the Fourth Quarter and year ended December 31, 2017
ATHENS, GREECE, February 20, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today reported a net loss of $16.6 million for the fourth quarter of 2017, compared to a net loss of $8.5 million for the same...
February 20th, 2018 | Accountancy, Container shipping, Shipmanagement, Statistics, Stock Markets | Read More

MISC Group financial results for the year ended 31 Dec. 2017

MISC Group financial results for the year ended 31 Dec. 2017
Yee Yang Chien – MISC President CEO MISC is pleased to announce its financial results for the financial year ended 31 December 2017. Financial Highlights: Group revenue for the quarter ended 31 December 2017 was lower than the corresponding quarter ended 31 December 2016. Group revenue for the...
February 13th, 2018 | Accountancy, Company Profiles, News, Shipmanagement | Read More

Wärtsilä’s Financial Statements Bulletin January-December 2017

Wärtsilä’s Financial Statements Bulletin January-December 2017
WÄRTSILÄ’S FINANCIAL STATEMENTS BULLETIN JANUARY-DECEMBER 2017 2017 – A YEAR OF SOLID SALES AND STRONG ORDER INTAKE This release is a summary of Wärtsilä’s financial statements bulletin 2017. The complete report is attached to this release as a pdf-file. It is also available athttp://www.wartsilareports.com/en-US/2017/q4/frontpage/ and...
January 31st, 2018 | Accountancy, Company Profiles, Marine Equipment Products and Services | Read More

Moore Stephens says optimism likely to outweigh pessimism for shipping in 2018

Moore Stephens says optimism likely to outweigh pessimism for shipping in 2018
Richard Greiner International accountant and shipping adviser Moore Stephens expects optimism to triumph over pessimism in the shipping industry during the next twelve months. Writing in the latest issue of Bottom Line, the newsletter of the Moore Stephens shipping industry group, partner Richard Greiner...
January 4th, 2018 | Accountancy, Markets, News, Reports, Shipmanagement | Read More

Shipping confidence at highest level for three-and-a-half years

Shipping confidence at highest level for three-and-a-half years
Richard Greiner Shipping confidence held steady at its highest rating in the past three-and-a-half years in the three months to end-November 2017. If you would like to discuss the survey results in more detail, please do contact me. Shipping Confidence Survey report The...
December 19th, 2017 | Accountancy, Markets, Reports, Shipmanagement | Read More

IFRS 15 – transition arrangements for shipping

IFRS 15 – transition arrangements for shipping
Michael Simms Michael Simms writes: With the introduction of a new accounting standard, how to incorporate the changes that arise from its initial application may give rise to issues which can be very challenging. This is something that shipping companies will have to consider. This can involve: technical...
December 15th, 2017 | Accountancy, News, Regulatory, Shipmanagement | Read More

SHIPSERV launches latest monitoring and analytics tool to enhance supplier relationships

SHIPSERV launches latest monitoring and analytics tool to enhance supplier relationships
Kim Skaarup, Chief Operating Officer, ShipServ Supplier Performance Report provides shipowners and managers with critical data on procurement performance and trends, enabling improved supplier collaboration   LONDON – 11 December 2017: ShipServ, the world’s leading maritime e-procurement platform,...
December 11th, 2017 | Accountancy, Bunkering, Reports, Ship Supplies, Shipmanagement, Stores and Provisions, Technology | Read More

VOYAGER Money from GNS and Caxton provides secure and cost-effective vessel cash solution

VOYAGER Money from GNS and Caxton provides secure and cost-effective vessel cash solution
New ship payment card optimises cash flow, streamlines account reconciliation, improves security and provides simple pricing, inclusive of all transaction fees. LONDON, December 11, 2017 — GNS, one of the leading providers of maritime solutions, and Caxton FX, a leading payment card and foreign exchange...
December 11th, 2017 | Accountancy, IT and Communications, Marine Equipment Products and Services, Shipmanagement, Technology | Read More

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 reports financial results for Q3 and nine months ended September 30, 2017

Diana reports financial results for Q3 and nine months ended September 30, 2017
Diana Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2017 ATHENS, GREECE, November 21, 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...
November 21st, 2017 | Accountancy, Company Profiles, Dry Bulkcarriers, Markets, Reports, 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