Moore Greece’s Post

Moore Maritime Index #MMI, a database that contains operating costs and revenues from more than 1,500 vessels, has been updated and is available with the 2022 data. The data comes from audited financial statements of ship owning companies and therefore, the results produced by the Index show the “real world” of financial performance of the shipping industry across more than 20 vessel types. The main takeaways are: -        In dry bulk carriers, the total operating expenses increased in a range from 5% to 9% across the various vessel categories, with the largest increase of 9% being reported by the Handysize vessels. In particular, increase was reported in insurance expenses, lubricants, stores, spare parts, repairs and maintenance. Crew and administrative costs remained close to the same levels as in 2021. In terms of revenues, the rates appeared to improve in 2022, with the exception of large Capesizes which declined but remained at satisfactory levels overall. -        Tankers also reported an increase in their total operating expenses, in a range from 3% to 7%. All tankers’ categories presented high costs for lubricants and spare parts costs, while repair and maintenance expenses were higher for vessels between 20,000 dwt and 120,000 dwt. Crew costs remained unchanged compared to the previous year, while insurance expenses increased across most tanker categories. In terms of revenue, the rates appeared much improved, with the largest increase being recorded in the Suezmax category. To access the Moore Maritime Index, please visit https://moore-index.com. #Attheheartofshipping #Maritime #Mooremaritime #Thoughtleadership #MMI #Mooregreece #mooreglobal

"The gradual withdrawal of European banks from the shipping sector not only threatens the future competitiveness of the industry but also puts Europe in a strategic disadvantage," emphasized Costas Constantinou, Moore Greece, during his speech at the 15th Hydra Shipping Conference. The conference, organized by the Fraternity of Athenian Hydriots, was attended by leading Greek shipowners, senior management from shipping firms, consultants, academics, and members from historical maritime families of Hydra. #mooregreece #mooreglobal #mooremaritime #15thhydrashippingconference

Wishing you all a relaxing and enjoyable holiday! Hope you come back recharged and ready for what’s next!

Με μεγάλη χαρά ανακοινώνουμε ότι η Moore Greece με εκπρόσωπο τον Kyriakos Latsounis, Audit and Assurance Partner , και ομάδα στελεχών θα μιλήσει στους φοιτητές του μεταπτυχιακού προγράμματος «Λογιστική και Έλεγχος Επιχειρήσεων και Δημοσίων Οργανισμών» του Τμήματος Οργάνωσης και Διοίκησης Επιχειρήσεων στο Πανεπιστήμιο Πειραιώς, το Σάββατο, 13 Ιουλίου 2024. 🎤 Ο κ. Λατσούνης θα συζητήσει με τους φοιτητές, παρέχοντας πολύτιμες γνώσεις για το περιβάλλον της εταιρείας, αναλύοντας τις μεγάλες ευκαιρίες και τις επαγγελματικές προοπτικές που προσφέρει ο κλάδος, καθώς και η Moore Greece. Η πρωτοβουλία του Τμήματος δίνει μια εξαιρετική ευκαιρία στους φοιτητές να γνωρίσουν στελέχη της ναυτιλιακής αγοράς, να αποκτήσουν άμεση γνώση του πεδίου και να εξερευνήσουν πιθανούς επαγγελματικούς δρόμους. M.Sc ACC ΠΜΣ ΛΕΕΔΟ #mooregreece #universityofpiraeus #AccountinandAuditing #careeropportunities #masterinaccounting