Shipping industry woes | KPMG | GR

Shipping industry woes

Shipping industry woes

The maritime industry is quite different compared to other sectors of the economy. Its growth or recession does not depend on the ship owner’s place of origin but on the changes in the global economy.


Partner, Audit

KPMG in Greece


Related content

A typical example these last years, is the dry cargo sector which faces a serious decrease after a long period of growth. Prolonged reduction in freight rates at historically low levels, excessive number of vessels, reduced demand, reduction in the growth rate of China, excessive lending, are some of the main issues that shipping companies are facing worldwide today.

Read the full article in Greek

© 2018 KPMG Certified Auditors AE, a Greek Societe Anonyme and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Connect with us


Request for proposal