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Moore Stephens Shipping Needs to Improve Risk Management

first_imgzoom 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 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. Under a quarter of respondents (23%) returned a rating of 8.0, compared to 26% last time, while 70% put the figure at more than 5.0 out of 10.0, as opposed to 74% in 2015.Overall, respondents rated the extent to which enterprise and business risk was being managed effectively by their organisations at 7.0 out of 10.0 (unchanged from last time).Demand trends were deemed by the greatest number of respondents to pose the highest level of risk to their organisation, closely followed by competition, with the cost and availability of finance in third place.“The survey revealed that risk is being managed effectively within a high percentage of those organisations which participated in the survey. It is nonetheless disappointing to find that confidence in the level to which enterprise and business risk management contributes to the success of shipping organisations has fallen slightly in the past 12 months. So, too, has high-level involvement by senior managers,” Michael Simms, Moore Stephens Partner, Shipping & Transport, said.Simms added that the current rating of 7.0 out of 10.0 in respect of the level of effective management of risk at companies which participated in the survey is not too discouraging, however, “it needs to be higher, as does the figure of just over 40% of companies which formally document the management of risk.”last_img read more

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Kylie Minogue To Perform At amfAR Inspiration Gala Sao Paulo

first_imgamfAR, The Foundation for AIDS Research, will return to Brazil for its fifth annual Inspiration Gala São Paulo presented by Harry Winston.The gala will again be held at the home of Dinho Diniz, hosted by Naomi Campbell and will feature tributes to Felipe Diniz and Jean Paul Gaultier. Diniz, who will receive the amfAR Inspiration Award, has been vital to the success of amfAR’s Inspiration series in Brazil since its inception. Jean Paul Gaultier, who will receive the amfAR Lifetime Achievement Award, has been an amfAR supporter and a leader in the fight against AIDS for decades.An amfAR Award of Inspiration will also be presented to the one and only Cher, the Academy Award-winning actress, singer, entertainer, humanitarian and longtime LGBT rights advocate.Co-Chairs of the event are Naomi Campbell, Kate Moss, amfAR Chairman Kenneth Cole and designer Ricardo Tisci from Givenchy. Dinho Diniz will serve as Honorary Chair.The event will include cocktails, a gala dinner, a live auction, and a special rare performance by Australian pop superstar, songwriter and actress Kylie Minogue. Revered Brazilian samba singer Alcione will also perform at the event. In previous years, the Inspiration Gala São Paulo has featured performances by artists such as Mary J. Blige, Gilberto Gil, Dita Von Teese, Seu Jorge, Fergie, Bebel Gilberto, Grace Jones, Jennifer Hudson, Debbie Harry, and Preta Gil.The Inspiration Gala São Paulo’s Platinum Sponsors include Iguatemi São Paulo, Karavelle and Moët Hennessy. Sky is a Silver Sponsor. Fasano is a Bronze Sponsor. Microsoft is amfAR’s official technology partner. Delta Air Lines is the official airline of amfAR. Harry Winston is the official jewelry and timepiece partner of amfAR. Moët Hennessy is the official wine and spirits partner of amfAR.The Inspiration series was launched in 2010 by amfAR and Josh Wood Productions to celebrate men’s style and fashion while raising funds for the Foundation’s lifesaving AIDS research programs. Inspiration galas have taken place in New York, Paris, Los Angeles, Toronto, Miami, and Rio de Janeiro, raising more than $20 million to date.Tickets and tables for the event are still available; click here or email inspirationsaopaulo@amfar.org for more information.last_img read more

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Pilot program 247 aims to reduce homelessness in Edmonton

first_imgAPTN National NewsWith the help of a new pilot program called “24/7” a young mother of three children, who has been on the streets for four months, is turning her life around.The Edmonton project has not only helped her to find a new apartment, it is also given her a sense of hope.APTN’s Keith Laboucan brings us the story.last_img

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