LNG CARRIERS History The first LNG carrier Methane Pioneer (dwt 5034 tons) left the Calcasieu River on the Louisiana Gulf coast on 25 January 1959. Carrying the world’s first ocean cargo of LNG‚ it sailed to the UK where the cargo was delivered. Subsequent expansion of that trade has brought on a large expansion of the fleet to today where giant LNG ships carrying up to 266‚000 m3 are sailing worldwide. At the end of 2005‚ a total of 203 vessels have been built‚ of which 193 are still in service
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1. According to research‚ most respondents aware of a minimum charge of 5 pence on all single-use carrier bags. However‚ most young people were not aware of the charge‚ which is the number of students taking up in these age groups‚ who may only just studying in school and go shopping infrequently. On the contrary‚ a large number of old people were aware of the charge due to often buying groceries and everyday items from shops. 2. This bar chart compares the proportion of respondents of both
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grows‚ so does the output of pollution grow to meet demands. Today‚ hearing how polluted/contaminated lakes‚ rivers‚ and other water systems remains just a common occurrence in the minds of the majority individuals. Even though this water persists in its contamination‚ millions upon millions of people still consume this water for drinking every day. Such occurrences can be shown with the Great Lakes‚ since 35 million people rely on the water for fresh water even though there have been reports of high
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AIR CARRIERS Question 1: What is the major advantage of air carriers? How does this advantage impact the inventory levels of those firms using air transportation? Explain how this advantage relates to the choice of modes when choosing between air carrier and other modes of freight and passengers transport. SPEED How does this advantage impact the inventory levels of those firms using air transportation? Lower inventory cost Lower related logistics cost Higher variable cost
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Financial Management Read ‘Ocean Carriers’ and answer the following questions: Ocean Carriers uses a 9% discount rate. 1. Do you expect daily spot rate to increase or decrease next year? - The expected daily hire rates drives the daily spot rates higher. So we are expecting the higher daily spot rates under higher expected daily hire rates. 2. What factors drive average daily hire rates? - Demand in iron ore shipments‚ - World economy‚ strong economy in western countries will raise
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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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travel time‚ costs and service level requirements. In regard to bulk deliveries of items such as iron‚ steel‚ cotton‚ wheat between two destinations – negative effect is observed on large carriers whose logistics dictate to charge clients on “per weight” basis. With each inch of lower water at ports‚ those carriers lower loads by 1200-1500 tons‚ which is substantial blow to their earnings and ability to make a delivery in one transaction. This is also not cost-effective from operational perspective
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Analysis on the Case of Untouchable Water Carrier INTRODUCTION The case of the “Untouchable Water Carrier” to the best of my knowledge can be viewed as dealing with human resources management and organizational issues surrounding two categories of relationship: Employees and Traditional customs. It also deals with the constraints that traditional social structures and relationships place on hiring and promotion decisions. After reading through the cases stated in this article‚ I have decided to analyze
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Continental Carriers‚ Inc. Advanced Financial Management Continental Carriers‚ Inc. (CCI) should take on the long-term debt to finance the acquisition of Midland Freight‚ Inc. for a few reasons. The company is heavy on assets‚ the debt ratio will only grow to 0.40 with the added $50M in debt. Also‚ the firm will benefit from an added $2M in a tax shield and be able to return $12.7M a year to its stockholders and investors‚ instead of $8.9M if equity is raised to finance the acquisition
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1. For Mr. Gatz‚ why is the photograph of the house more real than the house itself? Explain. Nick believes that the for Mr. Gatz the photograph of Gatsby’s mansion is more real than the house itself because the photo captures the idea of greatness that Mr. Gatz found pride in his son for. Mr. Gatz finds Gatsby’s money and material wealth to be the single indicator of his success and greatness. Nick even asks if he had seen his son lately and Mr. Gatz’s response confirms that he had never been
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