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 scenarios
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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‚
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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
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The Importance of the Aircraft Carrier in Defense of the United States of America The aircraft carrier has been around in various forms since the First World War. Its emergence as the key denominator of naval power is legendary‚and its continuing prestige in this role is even yet spawning building programs among established and growing navies. The aircraft carrier is the largest and most complex of all warships and in most cases the most expensive. In addition to the cost of the ship itself
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The Ocean Ranger The Ocean Ranger was an offshore exploration oil drilling platform that sank in Canadian waters 315 kilometres southeast from St. John’s Newfoundland‚ on the Grand Banks of Newfoundland on February 15‚ 1982‚ with 84 crewmembers onboard. The Ocean Ranger was the largest semi-submersible‚ offshore exploration‚ oil drilling platform of the day. Built in 1976 by Japan’s Mitsubishi Heavy Industries‚ it operated off the coasts of Alaska‚ New Jersey‚ Ireland‚ and in November 1980 moved
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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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Imagine being a little kid‚ playing in the ocean. All the waves are crashing and you are jumping over them. Suddenly‚ you see a large amount of trash‚ beer bottles‚ plastic containers‚ and strings that hold all of it together. You remove the trash from the ocean and put it into a trashcan. By this small task‚ you have supported the sustainability of the ocean. “Sustainability is ensuring that critical social‚ economic‚ and ecological processes are maintained in a way so that both the short and long-term
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Part 1: 1. Describe four factors that influence ocean currents. There are many factors that influence ocean currents‚ four of the factors would be planet rotation‚ wind‚ density of water‚ and gravitation. Planet rotation causes the currents to move clockwise in the northern hemisphere and counter clockwise in the southern hemisphere. Wind blows on the surface of the ocean therefore pushing the water in the direction of the wind. Different densities in the water can cause currents to form and move
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Ocean Turns Into Plastic Island? Could Happen Have you ever wondered what happens to that plastic bottle or plastic bag that you throw away? What if I told you that the bag and the bottle are slowly killing off marine life and slowly turning our oceans into dumps? This is the case and the problem is only growing and everybody is responsible for it and everybody needs to pitch in and clean up this mess. We all use plastic because it’s convenient for us‚ but in the end it ends up killing the marine
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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
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