Shipping
Shipping in Cyprus has been one of the oldest industries. It is highly specialised and complex, as it has been facing dramatic changes in recent years striving to meet the ever high expectations for safety at sea and protection of the marine environment. While global demand for transportation services remains strong, the deregulated market place is forcing individual companies to compete harder for new and existing customers. As cost pressures and service demands escalate, shippers and carriers are collaborating strategically to share resources and information while also realising economies of scale. Business cycles are becoming shorter so all players have to be quick to respond to market forces and continually anticipate change.
The ability to offer top quality professional services to the industry requires knowledge, extensive experience and skill in a variety of functional and technical areas. Deloitte Cyprus stands out as the premier professional services firm to the local shipping community, with an excellent reputation in shipping worldwide.
Several of the services we provide to the shipping industry both in Cyprus and worldwide are:
- Mergers and Acquisitions
- Corporate finance - together with our international firm we offer services such raising of capital, privatisation and valuation of shares
- International tax planning
- Taxation of shipping companies
- Feasibility studies
- Audits
- Accounting and Outsourcing
We are very proud of our clients as some of them represent some of the biggest shipping and ship management companies in the world.
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