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The marine and shipping industry is expected to be challenging in view of the uncertainties in the global economy given the slow global recovery and the looming European Market debt crisis. Existing challenges and risks faced by marine and shipping companies include compliance with regulatory and reporting requirements, low freight rates for container, slowing trade demand, excess capacity, currency exposure and financial risks.
Nevertheless, companies in this industry are likely to continue to leverage on their competitive strengths, efficiency and productivity to remain competitive and consolidate their market share and position.
We have the track record of working with marine and shipping industry clients in various areas and some of them are:
Nexia TS is a member firm of the “Nexia International” network. Nexia International Limited does not deliver services in its own name or otherwise. Nexia International Limited and the member firms of the Nexia International network (including those members which trade under a name which includes the word NEXIA) are not part of a worldwide partnership. Nexia International Limited does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members. Each member firm within the Nexia International network is a separate legal entity.