The shipping sector continues to attract outside investors, mainly due to the cyclical nature of the industry and opportunity to invest in undervalued businesses. Sophisticated investors, which include hedge funds and private equity funds, rely on accurate and timely reporting as they are rarely involved in the day to day running of the business.
A shipping company seeking external funding must be able to assure investors that their business is being run in compliance with the regulations they are subject to. The company also needs to demonstrate that there is fit and proper corporate governance, clear, accurate and timely reporting, and a robust risk management system in place.
Moore Stephens, as a leading independent advisor to the shipping industry, has extensive experience in assisting shipping clients in building effective management systems to manage risks, comply with regulations and internal policies.
If you would like to find out more about how Moore Stephens can help your business please contact one of the team.