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shipping

Maritime Assets held for Sale

A vessel can have an economic life of approximately 25 years or more. It is presented on a company’s statement of financial position as a non-current asset and is usually collateralized so that the company can raise funds by means of a loan from a financial institution.

Impairment of Maritime Assets

For a vessel-owning company, the vessel is the most substantial and valuable part of the total assets within the statement of financial position. Essentially, for the financial statements to present a true and fair view of the company’s financial position as at the year-end date, the carrying amount of its vessel should be fairly stated.

Capital Link Forum - The voice of our young executives

We emphasize on the familiarity of our staff with important shipping issues. Our latest initiative gave the chance to eight of our young professionals to participate in the Capital Link Greek Shipping Forum held earlier this year and then share their perspectives on what they heard.

Debunking the Greek Shipping fallacies

In today’s fast-paced world of information oversupply, where news spread like wildfire and people simply do not have the time to fully analyze what they are bombarded with by the media, what seems to matter most is the headlines and the impressions they create, rather than the underlying facts. Greek ship-owners have for many years been victims of this superficial news coverage. Stereotypes are very strong, cultivated by years of inaccurate portrayal in the media, films and TV series. Inability to explain Greek ship-owners’ world-class success combined with an eagerness to find excuses for own failures and a touch of jealousy make a perfect recipe for many to target them and smear them with false general accusations, such as ‘tax avoidance’.