More gloom and doom following the UK changes in capital allowances on January 1, 2011. Shipping accountants Moore Stephens say that tax advantages on capital expenditure on ships could be hard hit by the changes…
If, like me, you've read CVs and never fully understood what the Latin phrases alongside American degree results really mean, here's this month's golden nugget…
Hats off to Colin de la Rue, who has recently climbed no fewer than eight mountains in aid of eight good causes, including the Sailors' Society…
What if you decide to move jobs and then change your mind? Take a look at the Tullett Prebon case in the UK, which shows that changing your mind can prove expensive – very expensive.
This is a real note written by one of Spinnaker's consultants following an interview last week…
THE Maritime HR Forum is currently conducting a survey of its 43 member companies to establish benchmarks for pay rises and bonuses in 2011. Some 40% of companies froze salaries two years ago, 13% last year and it is estimated that only around 4% will do so this year…
We were very interested to see that Andrew Simmons, who has been CFO of Stealthgas Inc since June 2005 is leaving the Company…
CONFIDENCE in how the market is going to perform seems to go up and down like a yo-yo. The latest report by accountants Moore Stephens seems to be more gloomy about prospects than previous ones, and there are certainly plenty of people on the party circuit who feel that 2011 is going to be worse than 2010, (or maybe that is more a reflection of the quality of the wine and canapes served at recessionary receptions these days?)
THERE is good news and bad to be found in consultant Drewry's latest forecasts on the state of the reefer trade. According to its analysis, seaborne reefer trade is expected to make a “robust recovery” after the fall in 2009. The analyst expects perishable reefer trade to reach 203 m tonnes by 2015 compared to 157 m tonnes in 2009, with particularly strong growth in meat cargoes over the period from 2000 to 2009.
