Issues currently affecting the Shipping & Ports sector include:
Expanding into emerging markets
Emerging economies, particularly China, are driving the sector and all major ports and shipping groups are affected. Our network of over 1000 transport and logistics specialists around the world, and our strength in the key BRICs (Brazil, Russia, India and China) countries is already helping our clients to manage the business issues in these often challenging territories.
Integration of shipping and logistics
A key issue for many shipping clients is the relationship between their logistics and shipping activities, which can significantly affect customer satisfaction and profitability.
Financing structures
In a capital intensive sector structuring and financing can be critical and our tax experts can introduce ideas to optimise your position.
Taxation
Many companies in the shipping and ports sector rely on preferential shipping tax regimes, tax incentives and treaty shelter to minimise their tax burden. This is essential to compete, but it is complex and the dynamics can change rapidly in a downturn. Is your structure flexible enough for both the good and the bad times? Do you need to re-organise? We can help.
Regulation & corporate responsibility
In an increasingly regulated sector, and one where the markets and customer demand good corporate governance and responsibility, we are working with the sector to help companies meet and exceed their requirements.
Market consolidation - player or spectator?
We have already seen much consolidation. Will there be more? We can help you prepare, whichever side you are on.
For further information and to find out how we can help you address these and other issues affecting the Shipping & Ports sector please contact Nick Smith (UK Shipping Leader) on +44 (0)238 083 5042 or Donald Munro (UK shipping tax leader) on +44 (0)160 388 3302.