Accountancy & Reporting

  • Our dedicated team of accountants and book keepers provide seamless and smooth handling of the vessel owning companies day to day account management.
  • Our integrated IT systems enable us to process large number of invoices efficiently with checks and balances and “4 eye principle”.
  • We provide audited quarterly and annual statements in German GAAP and IFRS and able to provide reconciliation to US GAAP if needed.
  • We administer bank accounts in various currencies with various banks for vessel owning SPV’s including electronic payment and booking.
  • We coordinate with banks, tax authorities, commercial register, suppliers etc. with regards to founding new SPV and during the lifetime of the SPV.