Phil Cowan Returns to Moore Stephens

(Press Release)
Tuesday, July 03, 2012
Phil Cowan, Head of Corporate Finance

Corporate finance specialist Phil Cowan has returned to shipping accountant and consultant Moore Stephens as Head of Corporate Finance.

Formerly Group CFO of V.Group Limited and Chairman of V.Ships Capital, Cowan has first-hand experience of ship management, marine services, shipbroking and ship finance, and represented shipowners and investors in a number of shipping asset investments, structuring equity and debt finance. He was responsible for a number of V.Ships’ acquisitions and led the V.Ships’ team that managed the sale of V.Group to Omers Private Equity.

Cowan says, “I am looking forward to using this experience to help Moore Stephens’ clients. Shipping has always been highly cyclical, but seldom have we seen such a long bottom of the cycle than we have at present. Bankruptcies, Chapter 11, and impairment are terms in almost everyday use at the moment in the maritime sector. Nevertheless, such market conditions create opportunities for the shrewd operator. Moore Stephens has always had a wonderful reputation for its shipping experience and expertise, and I believe we can augment that still further.”

Moore Stephens Senior Partner, Richard Moore, says, “We are delighted that Phil has agreed to return to the firm and we look forward to working with him as we continue to build a significant mid-tier corporate finance presence.”

Cowan joined Moore Stephens as a trainee in 1986. He moved to the corporate finance team on qualifying in 1989 and became a partner in 1996. He was appointed Head of Corporate Finance in 2004, with a strong track record of flotations, fund-raising, mergers and acquisitions and valuations. His clients included V.Ships, a leading supplier of independent ship management and related marine services to the global shipping industry, whom he joined in 2007.

 

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Diana Shipping Announces $53.5m Drawdown

Diana Shipping Inc. announces signing and drawdown of a $53.5 million term loan facility with BNP Paribas; announces time charter contract for m/v Nirefs with Glencore   Diana Shipping Inc.

Maersk to Continue Russian Operations

Denmark's A.P. Moller-Maersk said its four subsidiaries with activities in Russia continue to operate as planned despite the recent sharp drop in oil price and the rouble's collapse.

Denmark Arrests Former OW Bunker Manager

Denmark has arrested a former manager of collapsed ship fuel supplier OW Bunker and intends to hand him to Italy, where he is suspected of fraud, the Danish public prosecutor said on Thursday.

Finance

Diana Shipping Announces $53.5m Drawdown

Diana Shipping Inc. announces signing and drawdown of a $53.5 million term loan facility with BNP Paribas; announces time charter contract for m/v Nirefs with Glencore   Diana Shipping Inc.

Maersk to Continue Russian Operations

Denmark's A.P. Moller-Maersk said its four subsidiaries with activities in Russia continue to operate as planned despite the recent sharp drop in oil price and the rouble's collapse.

NSRP Awards $11m for R&D Project Portfolio

The Executive Control Board of the National Shipbuilding Research Program (NSRP) has selected a new round of research and development projects for award, as part

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3181 sec (3 req/sec)