surface. It includes all five oceans the Arctic‚ Indian‚ Southern‚ Atlantic‚ and Pacific. In it There are many many types of fish and also some mammals. The oceans span wide and deep. There are also plants in the ocean. The ocean is a vast and mysterious place where we are still discovering many things about it everyday. The physical attributes of the ocean depend on which ocean you explore‚for example the Arctic ocean is very cold but the Pacific ocean is warm. In the ocean there is a deep portion and
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Ocean Current and Global Weather The ocean is the largest habitat for life on earth‚ and is vital to the land habitats as well. The ocean regulates the earth’s weather patterns. The main force influencing global climate is the solar energy of the fun. Because the earth is a sphere its surface is not heated equally by incoming solar energy. The equatorial areas receive more sunlight while the poles receive less because sunlight strikes at an oblique angle so much of the sunlight are reflected away
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Ocean dumping Ocean Dumping The practice of ocean dumping should be banned. Marine pollution is at the heart of interest in today’s search for a clean environment. Not only does ocean dumping add to the unsightliness of the once beautiful and pristine waters; it also kills the marine life which inhabits those waters. Pollution on a grand-scale is wreaking havoc on the Earth. The ocean is not an exception. In 1996‚ a bill‚ which would ban the dumping of dredge spoils in the Long Island Sound‚ was
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was a destabilizing factor. This resulted in overcrowded farms and scarce minerals. In 1853‚ Commodore Perry came to japan with his big black ships. The technological advancements of the ships shocked the japanese. They ended isolationism and opened trade ports in order to avoid destruction. Failure of success‚ in 1868 the Tokugawa shogun was overthrown and emperor Meiji had complete power. During this time‚ Japan was very decentralized. There were several semi-independent feudal lords. The emperor
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During the post-classical era (500 CE – 1000 CE)‚ multiple kingdoms developed throughout the Indian Ocean Basin where societal practices of India had a huge impact‚ causing cross-cultural shifts in economical practices‚ religious views‚ and trade‚ resulting in increased population and agricultural growth. India‚ China‚ and East Africa were the three main societies that were impacted. The development of economics was influenced greatly. Most other kingdoms created a money system using coins
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Ocean Carriers Case Ocean Carriers uses a 9% discount rate. 1. Do you expect daily spot rate to increase or decrease next year? Daily spot rates are expected to decrease next year because 63 new vessels are scheduled for delivery over the next year and imports of ore and coal would most likely remain stagnant over the next two years. Imports of iron ore and coal and the number of vessels available are two big factors of spot rates. 2. What factors drive average daily hire rates?
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Period Reasons for CCOT Global Trade Slave Trade(West Coast of Africa and Plantations in America Columbian Exchange Trade is important to dependent countries. Global Trade Exploded along with increasing globalization (age of exploration‚ colonies‚ etc Slave Trade and cotton‚ tobacco sugar European Exploration caused more trading of various crops Commercial Revolution (banking‚ loans‚ finance) Mercantilism Throughout the time period‚ globalization increased‚ causing more trade and commerce between
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Seas and oceans provide various types of resources to human beings and habitats to numerous species of plants and animals. They play very important roles in the economy of a nation and its people. Still‚ the marine and coastal ecosystems are under severe stress due to human activities. Ocean Resources The ocean is one of Earth ’s most valuable natural resources. It provides food in the form of fish and shellfish—about 200 billion pounds are caught each year. It ’s used for transportation—both travel
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Ocean Carriers Inc. A Case Study By ab Introduction • Ocean Carriers Inc. owned and operated cape-size dry bulk carriers worldwide. • Major Cargo type : Iron ore. • Vessel sizes : 80000 DWT to 210000 DWT. • Cape-size carriers travel around Cape Horn rather than the Panama Canal due to size constraints. Operations Maintenance Maintaining Supplies And on board Stores Supply of Lubricants Cargo Operations Repairs Insurance Business Model • Mostly chartered
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Ocean Carrier Case Study Summary In order to accept the recently submitted leasing contract proposal‚ Ocean Carriers would have to purchase a new ship. The purchasing of a new ship is a considerable investment. We have analyzed whether or not Ocean Carriers should make this investment using Free Cash Flow and Net Present Value (NPV) analysis. Given the details of the contract‚ the forecasted daily time charter rates‚ and the costs data; we have concluded that Ocean Carriers should not accept
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