Pavel Lyshko News

On April 28, 2015, Sinopacific Shipbuilding Group (SINOPACIFIC) held a christening and delivery ceremony for a newly built SPA150 AHTS, constructed for shipowner FEMCO Group. This first SPA150 vessel is not only the first of this design to be delivered in the world, but is also the first of a series of four vessels contracted by FEMCO Group. Representatives from the Government, banks, shipowner, classification society, supervisors, suppliers, brokers and media, as well as other related parties, were present at SINOPACIFIC’s Zhejiang Shipbuilding base and witnessed this rather memorable moment.

produce their accounts in a new, internationally agreed way. statements in accordance with International Financial Reporting Standards (IFRS). companies. And many other countries, too, have decided to move to IFRS. years. sit back and ignore the changes. those standards that may affect shipping. classify, separately, assets held for sale. least those at an advanced stage - for such disposals. being treated as held for sale. condition expected at the end of its useful life. prevailing scrap value. differently, but also what people are paid. now be detailed. interviews Pavel Lyshko, finance director of Russia's FEMCO.