CHAPTER 31 OCEAN CURRENTS TYPES AND CAUSES OF CURRENTS 3100. Definitions The movement of ocean water is one of the two principal sources of discrepancy between dead reckoned and actual positions of vessels. Water in motion is called a current; the direction toward which it moves is called set‚ and its speed is called drift. Modern shipping speeds have lessened the impact of currents on a typical voyage‚ and since electronic navigation allows continuous adjustment of course‚ there is less need to
Premium Pacific Ocean
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?
Premium International trade Net present value Cargo ship
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
Premium Ocean Marine biology Oceanography
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
grassland‚ tundra. Then these six groups are broken down a bit father. In this paper we will discuss part of the marine biome which is the ocean biome. When one thinks of very large bodies of water such as the ocean‚ we are talking about marine biomes. Instead of freshwater it contains saltwater. They also include the coral reefs and estuaries. The ocean biome is the largest of all of the worlds. Which makes sense considering that the majority of the world surface is made up of water. Due to
Premium Ocean Pacific Ocean Atlantic Ocean
examines the effects that humans have been inducing on the ocean and how the pollution produced is affecting the form of life present there. There is plenty of evidence that the oceans have deteriorated at the hands of humans‚ but recent investigations show that deterioration‚ especially at the sea coasts‚ has increased significantly in the last years due to increased industrial discharge. Common synthetic pollutants that reach the ocean include pesticides‚ herbicides‚ chemical fertilizers‚ detergents
Premium Waste Ocean Pollution
Date: 02/05/2013 Article: Harvard‚ Blue ocean strategy “Competing in high overcrowded industries is no way to sustain high performance. The real opportunity is to create blue oceans of uncontested market place.” This quote that is on the top of the first page just about sums up the article‚ but I will go further in depth in what the article says. What is the best way to drive profitable growth in an industry? Or company? According to the article it is to enter into the market place that
Premium Blue Ocean Strategy Sales Marketing
The Ocean Floor No one has ever walked the sea floor and few have even seen it. This is because of the extreme conditions found there. It is dark‚ and the temperature is close to freezing. A person standing on the sea floor would be under tremendous pressure from the overlaying water. The pressure is hundreds of times greater than the atmospheric pressure. Such a force would crush the human body. Using research submersibles which are specially designed to with stand the pressure of the water‚ scientists
Premium Ocean Earth Continent
of present-day Florida and Georgia was home to 30 Spanish missionaries‚ 44 missionary stations‚ and 30‚000 Indian converts to Catholicism. Within a few decades‚ Spanish explorers became familiar with the northern coast of South America‚ the Pacific Ocean‚ the Atlantic shore of North America‚ the Isthmus of Panama‚ the Gulf of Mexico and conclusively- the general outlines of the New World. Despite their knowledge‚ the Spanish persisted in searching for a Northwest Passage. Some individuals were attempting
Premium Americas Europe United States
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