Shipping and ports
The shipping industry has struggled in recent years with a tough economic climate. Finance has been hard to come by and over-supply of tonange has lead to depressed activity in key areas such as sale and purchase. BRIC economies are driving events in the marine industry especially China and their demand for for imports of raw materials. As a fully integrated global partnership, Mazars is ideally placed to help businesses in this area navigate through these turbulent conditions wherever they are in the world.
Mazars has significant experience in the shipping sector. We work with many international clients and always seek to add value to their businesses. Mazars can offer financial solutions to suit all clients in the marine sector by combining our strengths: technical expertise and specialised industry knowledge. With our experience with shipowners, shipbrokers, port operators and local government we can support our clients in the UK and overseas to:
- Optimise production costs and financial performance
- Manage financing or working capital arrangements efficiently
- Integrating sustainable development issues in their strategy
- Control financial, IT and operational risk,
Mazars provides a full range of services to the Shipping and Ports sector, mobilising the expertise of the whole Shipping team to support businesses of all sizes in the following areas:
- External Audit
- Risk Management and Internal Controls
- Transaction Services
- Management consulting
Mazars are proud to be an active sponsor of the Shipping Professional Network in London
This is an organisation which brings together shipping experts to discuss key issues in the industry.
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Our services to the shipping sector
Our global transport and shipping practice represents a significant proportion of Mazars’ corporate and large accounts turnover - it is a very important part of our firm’s business.
Life cycle of a ship
We can help our clients at all stages of the life cycle of a ship – from planning and ordering through to building, operating and breaking.