Shipping
As part of a nationwide transport sector development plan, the Government is seeking to promote the shipping and maritime sectors. Consolidating and promoting these sectors will be one of the key factors in this process. As such, industry companies and business owners need professional advice and Mainstay's specialist team is uniquely placed to provide this support.
Mainstay has a long-standing relationship with the shipping industry. Our long-standing work with the industry has allowed us to accumulate a wealth of global experience. Our close connection with the industry dates back over 30 years, when we started providing services to prominent members of the Greek shipping community in the late 90's.
We work with a variety of clients, ranging from individual ship owners to large multinational groups, which include not only ship owners but also brokers, ship managers, port operators and logistics companies with offices worldwide, fishing companies, ports and forwarders. We can say that we really know this business in all its aspects and this enables us to provide quality services to all Clients without exception. The key to Mainstay's success is people: dedicated experts who work for the marine industry and have the appropriate level of expertise.
Shipping company audits
Our experience can be broadly categorized into the following sub-sectors:
- shipping;
- port logistics;
- fisheries;
- aquaculture;
- nautical tourism.
Within these sub-sectors we provide the following services:
- audit of financial statements;
- accounting services;
- conversion of financial statements to IFRS;
- corporate governance;
- risk management;
- internal audit services;
- preparation of business plans;
- comprehensive support for share and bond offerings;
- bond issuance, acquisitions, sales, buybacks;
- legal consulting;
- tax consulting.
- optimization of operating costs;
- management consulting.
Coastal infrastructure
The maritime coastlines have been undergoing a significant change in the level of infrastructure in the last 10 years, which has mainly focused on tourism and industry. Mainstay advises on a number of maritime tourism projects as part of this evolution. These include port development projects, ferry operators, sailing schools, fish processing facilities and others. We believe that the diverse experience gained ideally positions us as consultants for maritime infrastructure projects.
The services we provide for onshore infrastructure projects include:
- corporate finance;
- detailed financial modelling plans, viability plans, business plans, financing analysis, assistance with grant financing;
- corporation tax, income tax, VAT.