Archive for the ‘Accountancy’ Category

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

Moore Stephens says Autumn Statement bodes well for UK business stability

Moore Stephens says Autumn Statement bodes well for UK business stability
Gill Smith International accountant and shipping adviser Moore Stephens says the Autumn Statement from the UK Chancellor of the Exchequer should provide stability for UK businesses. Moore Stephens tax partner Sue Bill says, “While there are no new developments relating specifically to the shipping...
November 23rd, 2016 | Accountancy, Insight, Markets, Reports, Shipmanagement, Trade and Commerce | Read More

PAO Sovcomflot: Q3/9M 2016 Results

PAO Sovcomflot: Q3/9M 2016 Results
Sergey Frank President & CEO of Sovcomflot   2016 – Third Quarter/Nine Months Results* (*Q3/Nine months to 30 September 2016 – unaudited, prepared under IFRS)   Strategic focus and sound financing underlie robust performance   18 November 2016: PAO Sovcomflot (SCF Group), one...
November 18th, 2016 | Accountancy, Shipmanagement | Read More

Diana reports financial results for Q3 and nine months ended 30 Sept 2016…

Diana reports financial results for Q3 and nine months ended 30 Sept 2016…
DIANA SHIPPING INC. REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 30, 2016 ANNOUNCES TERMINATION OF DISCUSSIONS WITH LENDERS  ATHENS, GREECE, November 17, 2016 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership...
November 17th, 2016 | Accountancy, News, Shipmanagement, Statistics, Stock Markets | Read More

Diana Containerships reports financial results for Q3 and nine months ended September 2016

Diana Containerships reports financial results for Q3 and nine months ended September 2016
DIANA CONTAINERSHIPS INC. REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 30, 2016   ATHENS, GREECE, November 17, 2016 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today...
November 17th, 2016 | Accountancy, Container shipping, Markets, Shipmanagement, Statistics, Stock Markets | Read More

Moore Stephens says ship operating costs are set to increase for 2016 and 2017

Moore Stephens says ship operating costs are set to increase for 2016 and 2017
Richard Greiner Vessel operating costs are expected to rise in both 2016 and 2017, according to the latest survey by international accountant and shipping consultant Moore Stephens. Repairs and maintenance and spares are the cost categories which are likely to increase most significantly in each of...
October 31st, 2016 | Accountancy, Shipmanagement | Read More

“K Line Announce Financial Highlights for 2nd quarter FY2016

“K Line Announce Financial Highlights for 2nd quarter FY2016
Please be advised that “K” Line Tokyo Head Office, has published the following press release today: Viewers can click the following addresses to read the reports. ・Financial Highlights for 2nd quarter FY2016 –  Click here ・Differences from Previously Announced Forecast of Financial...
October 31st, 2016 | Accountancy, Liner Shipping and Trade, Shipmanagement | Read More

Moore Stephens shipping newsletter for Autumn 2016

Moore Stephens shipping newsletter for Autumn 2016
Viewers can find attached herebelow the latest issue of Bottom Line, the newsletter of the Moore Stephens shipping team. This includes articles on: OpCost 2016 The major challenges for shipowners following ratification of the BWM convention The perceived barriers for women in shipping The UK National...
October 31st, 2016 | Accountancy, Communication, HR, Manning - Seafarers and Offshore, Shipmanagement | Read More

Diana announces the date for the 2016 Q3 Financial Results, Conference Call and Webcast

Diana announces the date for the 2016 Q3 Financial Results, Conference Call and Webcast
Diana Shipping Inc. Announces the Date for the 2016 Third Quarter Financial Results, Conference Call and Webcast ATHENS, GREECE, October 25, 2016 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that...
October 25th, 2016 | Accountancy, Company Profiles, Dry Bulkcarriers, News, Reports, Statistics, Stock Markets | Read More

Wärtsilä Interim report January – September 2016

Wärtsilä Interim report January – September 2016
Wärtsilä Corporation INTERIM REPORT 25 October 2016 at 8.30 a.m. local time WÄRTSILÄ INTERIM REPORT JANUARY-SEPTEMBER 2016 POSITIVE DEVELOPMENT IN ORDER INTAKE This release is a summary of Wärtsilä’s Interim Report January-September 2016. The complete report is attached to this release...
October 25th, 2016 | Accountancy, Reports, Statistics, Stock Markets | Read More

Moore Stephens reports fourth successive year of decline in operating costs

Moore Stephens reports fourth successive year of decline in operating costs
Richard Greiner International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average of 2.4% in 2015. This compares with the 0.8% average fall in costs recorded for 2014, and is the fourth successive overall year-on-year reduction...
October 19th, 2016 | Accountancy, Shipmanagement | Read More

Moore Stephens reports second successive quarterly rise in shipping confidence

Moore Stephens reports second successive quarterly rise in shipping confidence
Richard Greiner Shipping confidence, notably on the part of charterers and managers, improved for the second successive quarter in the three months to end-August 2016, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. In August 2016,...
September 26th, 2016 | Accountancy, Markets, Reports | Read More

Court of Auditors’ assessment of regional funded port projects in the period 2000-2013

Court of Auditors’ assessment of regional funded port projects in the period 2000-2013
Isabelle Ryckbost 23 September 2016 Court of Auditors’ assessment of regional funded port projects in the period 2000-2013 may not prejudge the current TEN-T policy and financial framework Today, the European Court of Auditors has published its special report, Maritime Transport in the EU: in troubled...
September 23rd, 2016 | Accountancy, European Union, Organisations, Ports & Terminals | Read More

Publication of the “K” LINE REPORT 2016

Publication of the “K” LINE REPORT 2016
September 23, 2016 Kawasaki Kisen Kaisha, Ltd. (“K” Line) is pleased to announce the publication of “K” LINE REPORT 2016. The purpose of the report is to provide all “K” Line stakeholders with a better understanding of the Group’s basic policies and activities for improving our corporate...
September 23rd, 2016 | Accountancy, Company Profiles, Liner Shipping and Trade, Markets, Reports, Shipmanagement | Read More

Globus Maritime Limited Reports Financial Results…

Globus Maritime Limited Reports Financial Results…
Globus Maritime Limited Reports Financial Results for the Six-Month Period Ended June 30, 2016  Viewers can log to the link and read the respective press release: http://www.globusmaritime.gr/press/globuspr092016.pdf
September 20th, 2016 | Accountancy, Reports, Statistics, Stock Markets | Read More

Globus Maritime sets date for the release of first half 2016 results

Globus Maritime sets date for the release of first half 2016 results
Athens, Greece, September 15, 2016.  Globus Maritime Limited (the “Company” or “Globus”) (NASDAQ: GLBS), a dry bulk shipping company, announced today that it will release financial results for the six-month period ended  June 30, 2016  before the market opens in New York on  Tuesday, ...
September 15th, 2016 | Accountancy, Markets, Reports, Stock Markets | Read More

Moore Stephens says shipping must improve risk management

Moore Stephens says shipping must improve risk management
Michael Simms Not enough companies in the shipping industry are following joined-up risk management procedures, according to international accountant and shipping adviser Moore Stephens. The second annual Moore Stephens Shipping Risk Survey revealed a fall, when compared to last year, in the overall...
September 13th, 2016 | Accountancy, Reports, Shipmanagement | Read More

Globus Maritime announces results of AMS

Globus Maritime announces results of AMS
GLOBUS MARITIME ANNOUNCES RESULTS OF ANNUAL MEETING OF SHAREHOLDERS Athens, Greece, September 8, 2016 – Globus Maritime Limited (“Globus” or the “Company”), (NASDAQ: GLBS), a dry bulk shipping company, announced the results of its annual meeting of shareholders, held earlier today in Glyfada,...
September 8th, 2016 | Accountancy, Stock Markets | Read More