Banks will exert more control over the shipping industry this year, according to international accountant and shipping consultant Moore Stephens. It also expects vessel values to fall further, and the cost of regulatory compliance to increase.Moore Stephens partner Julian Wilkinson said:“For shipping in 2012, it was not so much a case of ‘Crisis, what crisis?’ as ‘Crisis, which crisis?’ This year...
Banks will exert more control over the shipping industry this year, according to international accountant and shipping consultant Moore Stephens. It also expects vessel values to fall further, and the cost of regulatory compliance to increase.Moore Stephens partner Julian Wilkinson said:“For shipping in 2012, it was not so much a case of ‘Crisis, what crisis?’ as ‘Crisis, which crisis?’ This year...
