Opportunities and challenges in the shipping and ports industry create the need for appropriate and timely strategic actions. World trade is characterized by challenges as a result of new tonnage being delivered or scheduled to be delivered in the near future but also by opportunities arising from increased demand for transshipment from emerging markets. At the same time in the current environment there are factors different than ever before which increase the uncertainties in the industry; concerns over sovereign debt and its impact on financial institutions, foreign currency fluctuations and their impact on rates and costs, climate change and piracy.
Our practice has grown in line with the industry, supporting our clients through the industry cycles, trends of world trade demand and supply, industry restructurings, regulatory transformation, technological advances and changes in requirements. Our experience and network of dedicate industry practitioners positions PwC Cyprus to provide clients with quality audit and professional services uniquely tailored to the global nature of the shipping & ports industry. PwC Cyprus' service offerings are staffed with highly qualified, experienced and dedicated individuals. We have made a major commitment to training our people in industry specific issues and to assist our clients in facing the challenges of the current environment.