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
Premium Net present value Ship
Opened in 1977‚ Ocean Park Hong Kong is one of Hong Kong’s favourite attractions‚ featuring rides‚ exhibits and conservation facilities. Ocean Park is located on the southern side of Hong Kong Island‚ covering more than 870‚000 square metres of land. There are three attraction areas‚ which are the Lowland‚ the Headland and Tai Shue Wan. The three areas are connected by a cable car‚ outdoor escalator which is the second longest in the world and Ocean Express. Aqua City Ocean Park’s Aqua City
Premium Giant Panda MTR Ocean
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
Premium Net present value Cash flow Depreciation
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‚
Premium Net present value Cash flow Depreciation
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
Premium Net present value
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
Premium Tax Corporate tax Depreciation
How to Spray Paint Furniture Painting furniture may have once been considered a job attempted only by a professional. The large varieties of paints available to consumers today make this process so much easier for just about anyone to accomplish. The most important things needed are an item to paint‚ a little creativity‚ some elbow grease and a couple of cans of spray paint. Taking the time to prepare both the area and the item will help ensure the process goes smoothly. The first very
Premium Sandpaper Paint
Ocean Pollution “Over 80% of marine pollution comes from land-based activities” (WWF‚ May 4‚ 2006‚ p.1). The rest comes from ocean-based activities. Different types of pollution enter the ocean each year. The major pollutants are oil‚ toxic materials‚ and debris. These materials not only pollute the ocean‚ but they also affect the marine life. Before the 1970s there were no laws to prevent and stop people from dumping pollutants into the ocean. Since the early 1970s many laws and regulations
Premium Water pollution
pairs to and from their destinations. Walking with another person is great advice but it is not always an option and is when self-defense devices are great caretakers. Defense Sprays‚ or Pepper Sprays‚ are a good choice for a college student because they are lightweight‚ easy to conceal and not lethal to an attacker. Pepper Spray is a very effective means of self-defense and offers piece of mind to the students as well as the parents. It is stressful enough for parents to know that their children are
Premium University Education Student
Aldo Ocean Eder had been living in Glace Bay‚ Port area at the southern part of The New Morram City for as long as he could remember in his 17th-year-old life. He’s the only son of Alberto Eder‚ a tough fisherman whose life bound with the tide of the sea life. Numerous times caught by a thunderous storm when he was sailing on the sea and dangling between life and death‚ his father kept his vivid dream that one day his son‚ Aldo Ocean‚ would follow his way of struggling life against the sea. Aldo’s
Premium Face Face Gang