Shipping Beware Changing Risk Landscape -Moore Stephens
Effective management of risk within the industry has improved slightly over the past 12 months, according to the third annual Shipping Risk Survey from international accountant and shipping adviser Moore Stephens. But shipping still needs to up its game in terms of managing its exposure to risk, which is increasing and changing in nature, not least in terms of the threat posed by cyber security, Moore Stephens says. Survey respondents rated the extent to which enterprise and business…
Moore Stephens says Shipping Must Improve Risk Management
Not enough companies in the shipping industry are following joined-up risk management procedures, according to international accountant and shipping adviser Moore Stephens. The second annual Moore Stephens Shipping Risk Survey revealed a fall, when compared to last year, in the overall level of satisfaction on the part of respondents that sound risk management had contributed to the success of their organisations. The involvement of senior management in managing risk at the highest level also declined against last year. Respondents to the survey rated the extent to which enterprise and business risk management is contributing to the success of their organisation at an average 6.6, on a scale of 1 (low) to 10 (high), compared to 6.9 last time.
New CFO for GCT Terminals
GCT Global Container Terminals Inc. announces new Chief Financial Officer. Michael E. Moore, President and CEO of GCT Global Container Terminals Inc. is pleased to announce the appointment of Chris Davies to Chief Financial Officer effective June 4, 2012. “Chris brings a strong, solid perspective to our financial group with his experience in managing complex capital structure, securing financing, and managing the areas of tax, treasury, and insurance. He will be responsible for…
ISS Names Board of Directors
Change in Organization’s Bylaws Specify Revised Board Tenure and Structure. The ISS (International Superyacht Society) announces its 2012-2015 Board of Directors and Past Presidents Council. ISS elections are held annually by peer selection. During 2011, ISS membership ratified changes to the Association’s Bylaws which now state that a total of 24 elected Board members will serve three-year terms. During the 2012, 2013 and 2014 election cycles, the ISS Board will be in transition. For the current year and based on a democratic voting system, ISS members have awarded eight Board positions for three years and four Board positions for one-year terms with the opportunity to re-run for the 2013-2016 term.
Int’l Superyacht Society 2010/2012 Board
The International Superyacht Society (ISS) announced its 2010-2012 Board of Directors and Past Presidents Council. ISS elections are held annually by peer selection. Sylke auf dem Graben, Lürssen Werft GmbH & Co. John D. Dieter Jaenicke, Viking Recruitment Ltd.
