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Finance System News

21 Jun 2019

Trump Warns Tehran of Possible Attack, Calls for Talks

Iranian officials told Reuters on Friday that Tehran had received a message from U.S. President Donald Trump warning that a U.S. attack on Iran was imminent but saying he was against war and wanted talks on a range of issues.News of the message, delivered through Oman overnight, came shortly after the New York Times said Trump had approved military strikes against Iran on Friday over the downing of a U.S. surveillance drone, but called them off at the last minute."In his message, Trump said he was against any war with Iran and wanted to talk to Tehran about various issues," one of the officials told Reuters, speaking on condition of…

24 Aug 2016

European Owners Lead in Buying Up Secondhand Tonnage

With European owners leading the pack in buying up vessels, the sale and purchase market appears to have been notably active in recent years, reveals Clarkson Research Services Limited. While Europe has been the main buyer region, the picture between owner countries in each region remains mixed. Greek owners have been the key European buyers, while Chinese and Japanese owners have taken very different approaches to S&P activity. The sale and purchase market has seen firm activity since the start of 2014, with 3,313 vessels of a combined 117.7m GT reported sold during this time. This compares to a total of 97.8m GT reported sold in the period 2011-2013.

12 Sep 2013

Six Innovative Practices for Implementing Finance Software

To help transportation and logistics companies navigate a competitive and continually changing business environment, UNIT4 Business Software, the North American subsidiary of UNIT4, today shared its UNIT4 checklist on innovative practices for implementing finance accounting software to help transportation and shipping firms grow and increase their profitability. Based on decades of industry experience with leading enterprises, UNIT4 Business Software has identified the following six innovative practices for trucking and shipping firms to implement finance accounting software. Use a single-ledger approach to gain one version of the truth. To keep up with the fast pace of business, transportation and shipping firms need real-time visibility into a single set of accurate financial data.

20 Jan 2012

P&O Installs MPM System Upgrade

P&O Ferries install MPM Hibernation system upgrade. UK ferry operator P&O Ferries has recently taken delivery of Marine Software's MPM Hibernation upgrade for vessels "European Seaway" and "Pride of Dover" after deciding to put these vessels into lay-by. The MPM - Marine Planned Maintenance product was originally installed during a fleet wide software purchase in 2005 for 18 vessels, along with Marine Software's centralised Spare Parts, Procurement package and CODA finance system integration.

02 Jun 2008

KfW uses Eurofin to target Greek owners

Eurofin to act as its consultant. clients and identifying ship financing opportunities for the bank. Dr. clients. stronger than it has ever been. good banks such as KfW IPEX-Bank have to be selective. finance, and short-term trade finance. scale. refinancing at market rates at all times.