"Ocean Carriers Analysis Xls" Essays and Research Papers

Ocean Carriers Analysis Xls

Ocean Carriers Project Analysis Introduction Ocean Carriers receives a lease for a ship over three years starting in 2003. However, the company currently does not hold qualified ships that can meet customers’ demand. Our report is not only to assist Ms. Linn to decide whether or not to purchase a new ship but also give a reasonable suggestion on how long to hold on the ship regarding the NPV and long term prospective of dry bulk industry. Upon business operating in U.S or H.K, we consider four...

Depreciation, Supply and demand 750  Words | 7  Pages

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Ocean Carriers Project Analysis

Ocean Carriers Project Analysis Introduction Ocean Carriers receives a lease for a ship over three years starting in 2003. However, the company currently does not hold qualified ships that can meet customers’ demand. Our report is not only to assist Ms. Linn to decide whether or not to purchase a new ship but also give a reasonable suggestion on how long to hold on the ship regarding the NPV and long term prospective of dry bulk industry. Upon business operating in U.S or H.K, we consider four...

Depreciation, Supply and demand 750  Words | 7  Pages

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Ocean Carriers: A Project Analysis

Ocean Carriers Project Analysis Introduction Ocean Carriers receives a lease for a ship over three years starting in 2003. However, the company currently does not hold qualified ships that can meet customers’ demand. Our report is not only to assist Ms. Linn to decide whether or not to purchase a new ship but also give a reasonable suggestion on how long to hold on the ship regarding the NPV and long term prospective of dry bulk industry. Upon business operating in U.S or H.K, we consider four...

Depreciation, Supply and demand 750  Words | 7  Pages

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Ocean Carriers Case Analysis

Strategy and Valuation Case Analysis Ocean Carriers March 23, 2011 Executive Summary Industry Overview Capesize dry bulk carriers provide shipping services worldwide. Due to their size, Capesize carriers must sail around Cape Horn in order to travel between the Atlantic and Pacifica Oceans – the ships are too large to utilize the Panama Canal. In January 2001, there were 553 capesize vessels in service throughout the world. Demand for dry bulk carriers is determined by the world...

Atlantic Ocean, Bulk carrier, Depreciation 770  Words | 3  Pages

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Ocean Carriers Analysis

OCEAN CARRIERS ANALYSIS DATE: 8/29/2007 TO: MS MARY LINN CC: PROF. TOM MILLER FROM: RYAN DALE SEELKE RE: DECISION ON CAPE SIZE CARRIER PRIORITY: [URGENT] Ms Mary Linn, After careful cash flow analysis and a discount rate (WACC) of 9%, commissioning a capsize carrier for 25 years is the only appropriate option for our firm. However, if the discount were instead 10%, both options would fail the NPV test by yielding negative results. I make this recommendation after thorough analysis of...

Cash, Cash flow, Cost of capital 652  Words | 3  Pages

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Ocean Carriers Project Analysis

November 9, 2004 Mary Linn Vice President of Finance Ocean Carriers Re: 180,000 DWT Vessel Proposal Dear Mary: Our analysis of the proposal for the construction of a new 180,000 DWT vessel has brought us to the conclusion that the project should not be undertaken. Our recommendation and decision is based on a discounted cash flow analysis of expected future cash flows from the vessel that produced a net loss for the project of $7,201,639. Included in this recommendation are a number...

Capital structure, Cash flow, Corporate finance 1467  Words | 5  Pages

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Ocean Carriers

Ocean Carriers Recommendations and Analysis We have carefully reviewed and analyzed the proposal for Ocean Carriers to lease a ship for a three-year period, beginning in early 2003. Our extensive analysis included considering the cash flows over the lifetime of this investment. We concluded that based on the expected future cash flows of this project the opportunity to take on the contract would not be advantageous for Ocean Carriers. We first considered the future expectations of the spot and...

Cash flow, Discounted cash flow, Free cash flow 829  Words | 3  Pages

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Ocean Carrier

Background Ocean Carriers Inc. is a shipping company specializing in the operation of capsizes bulk dry carriers. In January 2001, Mary Linn, the vice President of Finance for Ocean Carriers was evaluating the purchase of a new capsize carrier for a three years lease proposed by a motivated customer. The leasing contract offers very attractive terms, but no ship in Ocean Carrier’s current fleet met the customer’s requirements. In addition, this proposed contract is only for three years. Therefore...

Discount rate, Iron ore, Net present value 907  Words | 3  Pages

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Ocean Carriers

Case Study 1 – Ocean Carriers 1. The Capital Budgeting Decision Should Ms. Linn purchase the Capesize vessel? Assume that Ocean Carriers is a U.S. firm and is subject to 35% taxation. (Please see excel sheets) From our analysis it appears that Ms. Linn should not buy the Capesize vessel. The Net Present Value on the Ocean Carrier is not a positive number, a clear indicator that buying the vessels is not a good idea. The tax rate of 35% makes a lot of difference in determining this NPV...

Capital budgeting, Cash flow, Discounted cash flow 982  Words | 3  Pages

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Ocean Carriers

Analysis Ocean Carriers Case Study Summary Answer to Problem 1 In considering whether Ocean Carriers should purchase the new capsize carrier for the potential customer, we completed a NPV analysis of the new vessel as follows: We assumed the first payment would be made on December 31, 2000. For the revenue that could be expected we utilized the given expected daily hire rate, which best represents Ocean Carriers future cash flows. We came to the OPREVE multiplying the annual operating days (357...

Cost, Free cash flow, Net present value 905  Words | 3  Pages

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Ocean Carriers

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...

Corporate tax, Depreciation, Income tax 1202  Words | 4  Pages

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Ocean Carriers

Guide for Case Analyses “Ocean Carriers” Objectives of case: The key objective is to develop an understanding of how discounted cash flow analysis can be used to make investment and corporate policy decisions. 1. Determine the value and net present value of a real assets; 2. Distinguishing between book value and market value; 3. Identifying and forecasting incremental expected cash flows, including initial and ongoing capital expenditures, investment in net working capital,...

Cash flow, Depreciation, Discounted cash flow 542  Words | 3  Pages

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Ocean Carriers

Ocean Carriers Ocean Carriers Inc. was approached in January of 2001 with a contract proposal for the leasing of one of their ships for a term of 3 years beginning in 2003. Ocean Carriers currently has no ship to accommodate the customer. To commission the construction of a new vessel would take 2 years from start to completion. The average rate in the spot market is $22,000 per day. Ocean Carriers deployed a younger fleet than average carriers and generally earned a 15% premium over the average...

Capital expenditure, Cash flow, Depreciation 1432  Words | 4  Pages

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ocean carrier

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...

Discount rate, Discounted cash flow, Free cash flow 836  Words | 3  Pages

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Finance--Ocean Carriers Inc

Introduction Ocean Carriers Inc. is a shipping company specializing in the operation of capsizes bulk dry carriers. In January 2001, the vice president of finance for Ocean Carriers was evaluating a contract proposal. In the proposed contract, Ocean Carriers would lease one ship to a client for a three year time frame. The customer would begin utilizing the ship in 2003. In 2001, Ocean Carriers did not have a ship that would meet the needs of this customer, and thus was considering purchasing a...

Corporate tax, Depreciation, Investment 1371  Words | 4  Pages

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ocean carriers

Ocean Carriers Objectives •  Forecast pro-forma cash flows for a project •  Estimate project values using Net Present Value (NPV) •  Conduct sensitivity analysis for the forecast inputs Setting •  January 2001 •  Customer offering attractive terms on 3-year lease for a capesize carrier •  Would require purchase of new carrier since existing fleet does not fulfill customer needs •  Should it be purchased? Industry Dynamics •  Revenue Drivers •  Outlook in the: – ...

Cash flow, Discounted cash flow, Economics 501  Words | 16  Pages

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Ocean Carriers Case Report

Ocean Carriers Case Report Executive Summary Ocean Carriers is evaluating a proposed lease for a ship over three years starting in 2003. Currently, Ocean Carriers does not have any ships that are available to meet this customer demand. This report will assist VP of Finance Mary Lynn to make a decision on whether or not to commission a new carrier and how long to hold on to this asset. Based off a financial analysis using the data Ocean Carriers has provided, the final recommendation is that...

Corporate tax, Depreciation, Investment 1462  Words | 4  Pages

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Ocean Carriers

Ocean Carriers Case Expectations for Daily Spot Hire Rates Next Year Iron ore and coal imports will most probably decrease the upcoming year With the increasing supply of vessels should result in a market surplus By creating this surplus, prices will be driven down, since we will have limited demand and suppliers competing Average daily rates, based on historical numbers, have a direct relationship with the number of shipments. What Factors Drive Average Daily Hire Rates? u  ...

Cash, Cash flow, Cash flow statement 473  Words | 6  Pages

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Case Study: Ocean Carriers

of only 3 years. Based on the calculations of the costs of construction against the value of the contract, it is recommended that Ocean Carriers not go ahead with the construction. However, if a strategic alliance can be created with another carrier to lease their vessels, Ocean Carriers should accept the contract. If the strategic alliance is mutual, Ocean Carriers should build the vessel to add on to its own fleet. Key Financial Issues Mary Linn has to deal with the following key financial issues...

Capital budgeting, Investment, Microeconomics 1553  Words | 6  Pages

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Net Present Value and Ocean Carriers

Financial Management Prof. Randy Fisher Case Study Questions: Ocean Carriers These questions relate to the Ocean Carriers case in your course packet. You can find the data for this case on the course website in a spreadsheet named: Ocean Carriers Exhibits.xls. This case provides the opportunity to make a capital budgeting decision by using discounted cash flow analysis to make an investment and corporate policy decision. Ocean Carriers is a shipping company evaluating a proposed lease of a ship...

Capital budgeting, Cash, Cash flow 614  Words | 3  Pages

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Ocean Carriers Case

Ocean Carriers” case Assume that Ocean Carriers uses a 9% discount rate. 1) Do you expect daily spot hire rates to increase or decrease next year? (5 points) 2) What factors drive daily hire rates? (5 points) 3) How would you characterize the long-term prospects of the capesize dry bulk industry? (10 points) 4) Should Ms Linn purchase the $39M capsize? Make 2 different assumptions. First, assume that Ocean Carriers is a US firm subject to 35% taxation. Second, assume that...

Aggregate demand, Forward contract, Inverse demand function 1783  Words | 5  Pages

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Ocean Carriers

FIN 555 CASE 1 Q3 Ms.Linn should not purchase the capsize carrier because the NPV is negative. a. Incremental earning forecast 1. Operating Revenue From the following Exhibit, We can see that from year 2003 to year 2007, from year 2008 to year 2012, and from year 2013 to year 2017, 8 days, 12 days and 16days is separately used to repair. The annual operating revenue = expected daily hire rate * (365- numbers of days for repair) 2. Operating Cost The annual operating cost...

1917, 1918, 1920 415  Words | 3  Pages

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Oceans Carrier Case

Substantive Issue Ocean Carriers is a shipping company evaluating a proposed lease of a ship for a three-year period to a customer, beginning in 2003. The proposed leasing contract offers very attractive terms, but no ship in Ocean Carrier’s current fleet meets the customer’s requirements. The firm must decide if future expected cash flows warrant the considerable investment in a new ship. Objective of Case Assignment To provide your team an opportunity to make a capital budgeting decision...

Cash flow, Cash flow statement, Depreciation 539  Words | 3  Pages

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Ocean Carriers

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...

Capital budgeting, Cash flow, Depreciation 619  Words | 2  Pages

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Ocean Carrier Case Solutions

Case Study: ‘Ocean Carriers’ By: Alyssa Linder Wenliang Zhang Xhangoli, Eva 1. Daily spot hire rates are determined according to supply and demand of the shipping capacity. According to the article, the supply of ships available equals the number of ships currently in the fleet plus any new ships added, minus any scrapings and sinking. According to Exhibit 2, there are a limited number of ships older than 24 years which are likely to be scraped. For those ships under the age group...

Bulk cargo, Cargo, Cargo ship 1041  Words | 3  Pages

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Ocean Carriers

Ocean Carriers Case Study Overview Ocean Carriers, Inc. is a shipping company with offices in Hong Kong and New York. In January 2001, Mary Linn, Vice President of Finance must make a decision on a proposed contract in which Ocean Carriers would lease one ship to a client for three years and the customer would begin utilizing the ship in 2003. However, Ocean Carriers does not currently have a ship to meet the requirements of the customer. So as the VP of Finance, Mary Linn must decide whether...

Business terms, Depreciation, Discounted cash flow 600  Words | 2  Pages

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Ocean Carriers Solution

the net present value (NPV) for the different scenarios with ease. This is why we refrain from explaining every single step of the underlying calculation. In order to get a more detailed understanding of the various calculations, the reader of this analysis is welcome to have a closer look at our model. 1. Do you expect the daily spot hire rates to increase or decrease next year? Although we expect the iron ore exports to take off in the next few years, our expectation as to next year`s spot...

Calculation, Cash flow, Futures contract 854  Words | 3  Pages

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Ocean Carriers Case Analysis

million today. Net loss is still about $10 million. 4. If Ocean Carriers sells the capsize in the second hand market instead of selling it for scrap, we would likely change our conclusion, as the vessel will be able to sell for much more than $5 million. We discounted future cash flows generated from operating the ship as the method to determine the market value of the ship. A US buyer with under the same tax rate as Ocean Carriers will calculate a price threshold of $15,858,028, meaning that...

Depreciation, Expense, Finance 795  Words | 2  Pages

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Ocean Carriers

(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...

Effect of taxes and subsidies on price, Futures contract, Market 674  Words | 2  Pages

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Ocean Carriers

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...

Business terms, Cargo, Cargo ship 996  Words | 9  Pages

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Ocean Carrier

419 | 2027 | 6,590,831 |   |   | NPV | 13,590,294 | In table 2 the cash flow for the beginning of 2018 is determined. When a vessel is scraped a loss is incurred, this loss leads to tax benefits that increase the cash flow. Additionally Ocean Carriers receive their NWC, which is the accumulated NWC over the 15 years of use + the initial investment of 500 000. When selling the vessel a fair value has to be determined for the vessel. To calculate the fair value see table 3 to the right. ...

Cash flow, Discounted cash flow, Interest 2378  Words | 8  Pages

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Ocean Carriers

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? ...

Assumption of Mary, Cargo ship, Discount rate 452  Words | 2  Pages

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Ocean carrier

Assignment 1: Ocean Carriers Refer to the HBS case “Ocean Carriers” and answer the questions below. Each student must turn in a hardcopy of her/his solution and answers in class at the start of the week-4 lecture. She/he must also up-load a softcopy of her/his solution spreadsheet on LMES by then, too. Note: You should complete the related textbook chapters (RWJJ Chapters 7 & 8) before attempting this case. In particular, you need to study the Baldwin Case first (Chapter 8.2 + material on LMES)...

Cash flow, Depreciation, Free cash flow 427  Words | 2  Pages

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Analysis on the Case of Untouchable Water Carrier

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...

Business, Business ethics, Employment 1027  Words | 3  Pages

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Swot Analysis of Manila Ocean Park

International Tourism and Hospitality Management A SWOT Analysis on “MANILA OCEAN PARK” In Partial Fulfilment of the subject Recreation Management For the Degree of Bachelor of Science in Tourism Management Submitted by: Gorospe Erika S. Maraan Joanna Mae H. Montoya Viromica S. Submitted to: Ms. Grace B. Gison March 10, 2012 TABLE OF CONTENTS ACKNOWLEDGEMENT INTRODUCTION A. Name and General Location * Manila Ocean Park * Behind the Quirino Grandstand Luneta,...

Asian cuisine, José Rizal, Manila 835  Words | 4  Pages

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Ocean Carriers Case

OCEAN CARRIERS CASE 1) Should Ls Linn purchase the $39M capsize? Make two different assumptions. First, assume that Ocean Carriers is a U.S. firm subject to a 35% statutory (and effective) marginal tax rate. Second, assume that Ocean Carriers is domiciled in Hong Kong for tax purposes, where ship owners are not required to pay any tax on profits made overseas and are also exempted from paying any tax on profit made on cargo uplifted from Hong Kong, i.e., assume a zero tax rate. The...

Investment, Net present value, Profit 544  Words | 2  Pages

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Blue Ocean Strategy Analysis of Wikipedia

Wikipedia: A Blue Ocean Strategy Section A: Group 4 Analysis of Wikipedia, as a Blue Ocean Strategy Wikipedia, the collaboratively edited free internet encyclopaedia is a household name. Launched in 2001 by Jimmy Wales and Larry Sanger, it has now grown to be the seventh most visited website with approximately 365 million users worldwide. How is it that the small encyclopaedia market grew more than a hundred times in the space of 8-10 years and changed its orientation in such a path breaking...

Blue Ocean Strategy, Citizendium, Encyclopedia 682  Words | 3  Pages

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Ocean Carriers Case Study

  Ocean Carriers Assumptions and Methodology   Based on an NPV analysis considering multiple scenarios, Ocean Carriers should commission the construction of a new capesize carrier in the event they are operating with no corporate tax and chartering the ship for its entire 25 year life. Such is the recommendation assuming the forecasted hire rates and estimated costs are accurate over the long-term. However, if Ocean Carriers chooses to adhere to their policy of selling ships at market...

Corporate tax, Depreciation, Generally Accepted Accounting Principles 593  Words | 2  Pages

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Npv of Ocean Carriers

1.2 Scope 3 1.3 Assumptions 3 1.4 Limitations 4 2. NATURE OF BUSINESS MODEL 4 3. KEY FINANCIAL ISSUES 4 3.1 Operational Costs: 5 3.2 Market Demand: 5 3.3 Charter Rates: 6 4. ALTERNATIVE INVESTMENTS & RISK MITIGATION STRATEGIES 6 4.1 SWOT Analysis 6 4.2 Alternative 1: Resale of Ship after 15 years of Operation 7 4.3 Alternative 2: Leasing or buying a Second hand Ship and renovate it 7 4.4 Alternative 3: Partnering 8 4.5 Alternative 5: Actively take part in Spot Market trading 8 5. RECOMMENDATIONS...

Bulk carrier, Cash flow, Discounted cash flow 4752  Words | 17  Pages

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The Ocean

Why do I do it? Why do I scare myself with the ocean…? It is true, it is merciless, literally; it’s not conscious, so it has no feelings, no remorse, no pity, no awareness. It would be wrong to say it is inanimate, because it is certainly animate. And not alive, yet contains so much life within it might as well be. Like a Frankenstein body filled with cells and bacteria and nerve impulses yet no consciousness. My worst nightmare – I don’t have it very often but it’s a strong one – can take...

Grave accent, If You Have to Ask, Ocean 1161  Words | 3  Pages

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oceans

Chirco 1 WRT 160 January 11th, 2014 There are many issues that we as humans are currently faced with. Sylvia Earle brings to light many of those issues. Her work should be looked at closely by all as it stresses the importance of a clean ocean. There are many things that we need to change in our everyday lifestyle if we want to live in an unpolluted environment. Several major issues to consider are the amount of Polychlorinated Biphenyls (PCB's) that have been found in mammals and the...

Fish, Human, Meaning of life 698  Words | 3  Pages

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ocean carriers case study

Dongyeon Kim 1408392 Di Roberto Matteo 1681386 Gutiérrez Agustina María Manuela Rinaldi Claudia Valeri Stefano 1672146 Case Study: Ocean Carriers Corporate Finance Class 16 Group Name: Soul Analysts Ltd Executive summary Ocean Carriers is contemplating the opportunity of stipulating a 3-year leasing contract that would require commissioning the construction of a new vessel. In the short term applied hire rates are decreasing, just as they should be on the recovery side starting ...

Cash flow, Future value, Internal rate of return 1283  Words | 9  Pages

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Ocean Carrier

Q1. Do you expect daily spot rate to increase or decrease next year (2002)? Daily spot rate will increase as daily hire rate expected grow. Q2. What factors drive average daily hire rates? World economy Demand in iron ore shipments Change in trade patterns Q3...

Hebrew numerals, Knitting, Years in the future 356  Words | 3  Pages

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Low-cost Carrier and External Analysis

ITM Assignment AirAsia Course: FTDipMM15 – ITM Lecturer Name: Andy Tanamas Student Name: Ahn Hye Mi Student Number: CT0206979 Content 1. Introduction 2. SWOT Analysis 3. External Analysis – PESTEL Analysis 4. External Analysis – Porter’s 5 Forces Analysis 5. Internal Environment Analysis 6. Conclusion 7. References 1. Introduction (111 words) AirAsia is a low cost airline company which was established in 1993 with its headquarter in Malaysia...

AirAsia, Airline, Low-cost airlines 831  Words | 4  Pages

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Ocean Carriers Case Study

http://www.studymode.com/essays/Ocean-Carriers-133412.html Average daily hire rates are determined by market supply and demand. Factors such as the number of operating vessels, number of scrapped vessels per year, the age of the ships, the efficiency of ships, and market expectations of supply and demand; consequently, these factors drive average daily hire rates. Market conditions also drive rates since demand is dependent on the world economy. When the economy is strong, the demand increases...

Forward contract, International trade, Inverse demand function 593  Words | 2  Pages

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oceans

in size and overall composition that they are almost “twins.” Why did these two planets evolve so differently? Why is Earth's atmosphere rich in oxygen and poor in carbon dioxide, whereas the reverse is true on Venus? What would happen to Earth's oceans if Earth were a little bit closer to the Sun? -Venus evolved a lot faster than earth did at the beginning. At a time Venus has a significant amount of water but it was lost in a very short time. Due to that, Venus could not develop any plate tectonics...

Earth, Geology, Global warming 912  Words | 2  Pages

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Ocean: Supply and Demand and Daily Hire Rates

OCEAN CARRIERS Suggested Questions and Analysis Questions: Ocean Carriers uses a 9% discount rate. 1. Do you expect the daily spot hire rates to increase or decrease next year? Spot Charter rates fluctuated based on market conditions. Exhibit 3 displays the current order book for dry capsizes for upcoming years—much larger when compared with the current fleet size per exhibit 2. When the market demand for dry bulk capsizes is high, carriers can demand higher spot charter rates. When market...

Bulk cargo, Inverse demand function, Iron ore 916  Words | 3  Pages

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The Beach Carrier

The Beach Carrier is a new product concept developed by Mary Ricci. It is a large, lightweight, durable bag that is designed to carry everything required for a day at the beach, including a chair. The Beach Carrier can be folded down to a 12-inch by 12-inch square for easy storage when not in use. It comes with an adjustable strap and various-sized pockets for carrying all types of items to the beach or other outdoor activities (i.e. concerts, picnics, and barbecues). The Beach Carrier possesses...

Assumption of Mary, Competitor analysis, Costs 1501  Words | 4  Pages

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Ocean Carriers Case Study

 Ocean Carriers Case Study Submitted by Fozia Abid Maryam Noor Nadia Farooq Umar Farooq Hamza Tariq Muhammad Mohsin Lahore School of Economics Ocean Carriers Report The fragmented shipping industry is one of the most essential industries for continuous globalization and growth; industry prospects are surprisingly stable in contrast to the normal logistics businesses that are highly cyclical. The factors that drive average daily hire rates are the age of vessels, market condition...

Corporate finance, Economic growth, Economics 575  Words | 3  Pages

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Ocean Freight Analysis

rized  ocean freight industry. First of all, we will introduce the background and development of ocean  freight industry; explore the characteristics of ocean freight price and demand. Then we will  analyze relationship between demand and price. Two famous shipping companies, COSCO and  MSC will be introduced as examples to implement price optimization with price differentiation  and competition considered in ocean shipping industry.   Finally, we will discuss revenue management in ocean freight...

Cargo, Cargo ship, Containerization 4144  Words | 8  Pages

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Blue Ocean

BOOK REVIEW The book, ‘Blue Ocean Strategy -How to create Uncontested Market Space and Make competition Irrelevant ‘, authored by W. Chan Kim and Renne Mauborgne is the best seller of its time. It is a widely accepted book for strategy professionals. The title indicates the theme of the book .This book promises to achieve the uncontested market space and make competition irrelevant by making the use of Blue ocean strategy. The book argues that companies in existence today should not try to beat...

Blue Ocean Strategy, Complementors, Management 2148  Words | 6  Pages

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Ocean and Resources

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...

Biological oceanography, Coral reef, Fisheries science 1412  Words | 4  Pages

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The Keystone Xl Pipeline Project

To Build Or Not to Build? The Keystone XL Pipeline Project has many pros and cons just as any project does, but this project has way bigger cons than most projects this country will face today. “The Keystone XL Pipeline is an environmental crime in progress.” “It’s also been called the most destructive project on the planet.” The major issues with the Keystone XL Pipeline are “the dirty tar sands oil, the water waste, indigenous populations, refining tar sands oil and don’t forget the inevitable;...

Bitumen, Exxon Valdez oil spill, Natural gas 1293  Words | 4  Pages

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Executive summary ocean carriers

for the world economy,trends in world trade and potential contracts; however, an estimated time of service should be assigned in order to predict future cash flows. Summary of facts In January 2001, Mary Linn, vice president of Finance for Ocean Carriers, had to decide whether to accept an offered leasing contract for the duration of three years. In the event of acceptance of the above-mentioned contract, the profits of the company would depend on the agreed hire rates, operating costs, ship depreciation...

Cargo, Contract, Contractual term 445  Words | 2  Pages

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LNG CARRIER

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...

Diesel engine, Diesel fuel, Diesel-electric transmission 2095  Words | 5  Pages

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Ocean Manufacturing

Question # 2: Calculate relevant preliminary analytical procedures to obtain a better understanding of the prospective client and to determine how Ocean is doing financially. Compare with industry ratio provided. Identify any major differences and briefly list any concerns that arise from this analysis.   | 2011 |   | 2010 |   | Ocean | Industry |   | Ocean | Industry | Return of Equity | 8.94% | 20.33% |   | 7.11% | 26.22% | Return on Assets | 4.54% | 6.62% |   | 3.78% | 8.10% | Assets to Equity...

Audit, Auditing, Auditor's report 2123  Words | 7  Pages

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Case of Ocean Carriers

Ocean Carriers HW#7 PRINCIPLES OF MORDERN FINANCE (FALL 2012) JINGYE HAN “Ocean Carriers case 1) Do you expect daily spot hire rates to increase or decrease next year? I expect daily spot hire rates to decrease next year. Based on Exhibit 3, order book in 2002 for dry bulk capsizes decreased, indicating a decrease in demand. Meanwhile, Based on Exhibit 2, the majority of capsize fleets in December 2000 are in the age within 15 years, among them, the largest portion is of those under...

3rd millennium, Cash, Cash flow 2655  Words | 10  Pages

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Keystone XL

With the proposed Canadian Keystone XL Pipeline in the midst of approval, Americans can look forward to the potential of job growth and less dependencies upon foreign imports. The project proposes a 1,179 mile, 36 inch-diameter crude oil pipe. Crude oil a petroleum product is a liquid composed of hydrocarbons, organic compounds and small amounts of metal. It is created through the heating and compression of organic materials, over a long time period. The pipeline would start in the town of Hardisty...

Athabasca Oil Sands, Carbon dioxide, Energy in Canada 1062  Words | 3  Pages

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Study: Logistics and Ocean Spray

com/article/10879716/food-on-the-move http://www.chrobinson.com/en/us/About-Us/Newsroom/Press-Releases/2008/Ocean-Spray-Awards-CHRW-Supplier-of-Year/ http://www.oceanspray.com/PDF/Ocean-Spray-Environmental-Stewardship-2012-DIGITAL.aspx#page=10 Case study 4-2 1) What rationale is offered by Ocean Spray in support of the idea of using a 3PL? Do you agree with the reasons cited for the interest in 3PL? Ans: Yes, I agree with this decision if Ocean Spray able to maintain their focus on their core competency while allowing...

Fourth-party logistics, Global warming, Logistics 870  Words | 3  Pages

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Ocean Manufacturing

Case 4 Ocean Manufacturing, Inc The Osprey Group Feb 21, 2011 Q1. The client acceptance process can be quite complex. Identify five procedures an auditor should perform in determining whether to accept a client. Which of these five are required by auditing standards? First they should gather and examine all available financial information, such as tax returns, annual reports, the balance sheet, and income statement. This should be done so that the audit firm can do a quick initial analysis of the...

Accounts receivable, Audit, Balance sheet 1164  Words | 4  Pages

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