The Unsinkable Ship On April 14‚ 1912‚ the RMS Titanic also known as ‘The Unsinkable Ship‚’ sunk to the bottom of the Atlantic but in 1997‚ James Cameron brought that fateful voyage to the television screen in a lifelike movie with what most historians believe to be accurate details. The fateful voyage of the RMS Titanic is a story that most people learn about and become fascinated with in elementary school. Like many people‚ James Cameron became fascinated with this story. In 1995‚ he began producing
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Independent Novel Study Douglas MacArthur once said‚ “The soldier above all others prays for peace‚ for it is the soldier who must suffer and bear the deepest wounds and scars of war.” In the book Ship Breakers by Paolo Bacigalupi the main character Nailer has many external and internal struggles as he strives for peace in his life. It is during these difficult trials that his true inner strength and characteristics are revealed. Nailer portrays such attributes as courage‚ loyalty‚ perseverance
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classical story of the ship of Theseus. Change and identity becomes complex and the definition of objects change. An object is a thing that exists in time and space and has many properties or aspects such as size and colour. As these properties change‚ so do the object and the object’s identity‚ so therefore objects are always changing with time. The story of the ship of Theseus has had philosophers puzzled for centuries. The classical story is told by Plutarch (46-120 AD)‚ ‘The ship wherein Theseus
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are increase/decrease in product and process innovations. Just like every other industry‚ the ship-breaking industry has the following phases – 1. Introduction phase of the industry life cycle: Emerging industries are new or reformed industries that originate from technological innovation‚ changing the relationship between relative costs‚ new customer needs or other economic and social changes. Ship breaking industry is no exception to this. From early 60’s to till now there has been lots of technological
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Unitized Cargo Ship The concept of utilization is not a new one; it was used by the USA army in the second world army war to provide its forces fighting in Europe with weapons and ammunition. Unitization since that time has been used and developed to comprise all modes of maritime transport‚ as well as air and land transport modes. Definition: Utilization is a grouping together of two or more (Usually of a homogeneous nature) and securing with banding‚ glue‚ shrink-wrap‚ slings or permanent
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The Ship Breaker By: Paolo Bacigalupi 1- Sadna pursed her lips. “Sometimes people have more will to live. Or you don’t hit them right and they don’t lose their blood fast enough. Sometimes they just don’t stop the way you want them to” (Page 174). My observations in this quote are you can’t just kill anyone; you have to kill them in their own certain way. You can’t just stop their life the way you want to and some people don’t lose their blood fast enough. My reactions in this quote
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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. Answer With 35% tax in the US we have a negative NPV of 35% hence recommended not to proceed with the project. If Ocean carriers
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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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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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Planning Organizing‚ Leading and Controlling The whole point of having a well-organized business is to make the operation run smoothly. When a business is well organized‚ everyone understands his or her duties and responsibilities. The lines of communication move information to the decision-makers or managers and allows for making better and timelier decisions. Functions Of Management In today’s business world managers follow certain rules that help them be better at their job and also contribute
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