The International Propeller Club of the United States, International Port of Piraeus, along with Moore Stephens, Greece, organized last Wednesday the 5th of December, The Second Ship Operating Cost Presentation under the title ‘Ship Operating Costs: Current and Future Trends’.
Theodore Kontes, Secretary General of the Propeller Club and President of the Association of the Passenger Enterprises, along with Costas Constantinou, Managing Partner of Moore Stephens and Member of the Board of Governors of the Propeller Club welcomed the audience and the key speakers of the event, Richard Greiner from Moore Stephens LLP, London, Bob Maxwell V. Ships Technical Director, George Logothetis, CFO, George Moundreas & Company S.A.
All three speakers referred to the ship operating costs and the restraints that the shipping industry faces due to the global economic difficulties.
There was quite a lengthy and heated Q and A time between the speakers and delegates due to the importance of the matter, as well as due to nowadays’ difficulties surrounding world shipping and the existing conditions in the world economy which have a direct effect and influence the shipping industry.
More than 120 participants from the banking and shipping industry were present and expressed their interest for a future Ship Operating Cost event. Discussions continued at the dinner which took place at the Yacht Club’s spacious surroundings.