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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During the period between 1450-1750‚ Western Europe has gone through various religious upheavals and drastic changes. Some of these changes have led to conflict‚ often bloody‚ and subsequently shifts of power within the West. In contrast‚ some of these changes have also led to the technological advancement of the West and the eventual world dominance of Western Europeans in economics‚ politics‚ and innovation. These revolutionary changes and eras include the Renaissance‚ Protestant Reformation‚ the
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Blue Ocean Strategy How to Create Uncontested Market Space and Make the Competition Irrelevant http://www.blueoceanstrategy.com/ W. Chan Kim Renee Mauborgne Chapter One: The blue ocean strategy is best illustrated by the performance of Cirque du Soleil. Created in 1984 by a group of street performers‚ Cirque productions have been seen by almost 40 million people in 90 cities around the world. In less than 20 years‚ Cirque du Soleil has achieved revenue levels that took Ringling and Barnham
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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 and shipping. It provides a treasured source of recreation for humans. It is mined for minerals (salt‚ sand‚ gravel‚ and some manganese‚ copper‚ nickel‚ iron‚ and cobalt can be found in the deep sea) and drilled for crude oil. The ocean plays a critical role in removing carbon from the atmosphere and
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(a) Statement of Problem. Ocean Carriers is evaluating a proposed three year lease of a ship. Currently‚ no ships in Ocean Carrier’s fleet meet the requirements of the customer. Since the new ship requires an investment of $39 million‚ Mary Linn‚ the Vice President of Finance for Ocean Carriers‚ needs to evaluate the proposal’s NPV and determine whether or not to accept the proposal by considering expected cash flows‚ tax implications‚ and future market conditions. (b) Statement
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Ocean Carrier Case Study INDEX Case Background··························3 Dilemma································3 Scenarios under different tax rates and years ····························3 Alternative································5 Decision summary··························5 Appendix Ocean Carrier Case Study * Case Background Mary Linn of Ocean Carriers is evaluating the purchase of a new capesize carrier for a 3-year lease proposed by a motivated customer
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REPORT ON CAPESIZE PURCHASE FOR OCEAN CARRIERS Introduction The purpose of this report is to evaluate whether Ocean Carriers Inc. should immediately commission a new capesize carrier that would cost $39 million‚ and would be completed two years hence‚ in order to finalize a lease of the ship for a three-year period with a potential charterer in very good faith. The contrasting tax regulations between the two countries where the company locates its office‚ and the different cost-benefit circumstances
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Maldives were devastated in the 26 December tsunami. © Sena Vidanagama/AFP/Getty Images 76 77 NATIONAL RAPID ENVIRONMENTAL ASSESSMENT - THE MALDIVES 5. 5.1 NATIONAL RAPID ENVIRONMENTAL ASSESSMENT – THE MALDIVES Introduction The Indian Ocean tsunami reached the Maldives at 9:20 a.m. local time‚ approximately three hours after tremors were felt. Tidal waves ranging between one and five metres high were reported in all parts of the country. The force of the waves caused widespread infrastructure
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