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Shipping confidence dipped slightly in the three months to end-November 2018, according to the latest Confidence Survey from international accountant and shipping adviser Moore Stephens.
International accountant and shipping consultant Moore Stephens has outlined a number of unexpected changes introduced by the UK Budget 2018 which could have implications for the shipping and offshore maritime industries.
International accountant and shipping consultant Moore Stephens says total vessel operating costs in the shipping industry are expected to rise by 2.7% in 2018 and by 3.1% in 2019, according to our latest survey.
Confidence in the ability of sound risk management to contribute to commercial success in the shipping industry has fallen in the last 12 months
Shipping confidence held steady in the three months to end-May 2018 according to the latest Confidence Survey from international accountant and shipping adviser Moore Stephens.
Shipping confidence reached a four-year high in the three months to end-February 2018, according to our latest Shipping Confidence Survey.
Shipping confidence held steady at its highest rating in the past three-and-a-half years in the three months to end-November 2017, according to Moore Stephens.
Moore Stephens says it is therefore encouraging that the UK government continued to provide a stable regime in its Autumn Budget 2017.
Vessel operating costs are expected to rise in both 2017 and 2018, according to the latest survey by Moore Stephens.
International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average of 1.1% in 2016.