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: –
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Reflection on Japanese earthquake After watching the news about the catastrophic earthquake in Japan these days‚ I was overwhelmed with a range of emotions: anxiety‚ depression‚ grief‚ confusion and shock. Like a lot of people‚ I was stunned by percussive images of the ruins of buildings and the bodies of casualties. I felt sorry for the dead. Meanwhile‚ I was deeply touched by those survived. Instead of being thrown into panic‚ the Japanese faced up to the catastrophe with dispassion and composure
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Committee of Experts to examine the seismic problem and make appropriate recommendations. The Committee proposed a zoning map of Bangladesh in the same year. According to Bangladesh National Building Code (BNBC‚ 1993)‚ Bangladesh is divided into 3 earthquake zones (Figure- 6): Zone –1: the less risky zone. The Zone-1 comprising the southwestern part of Bangladesh (Jessore‚ Khulna and Barisal Districts) is seismically quiet‚ with an estimated basic seismic co-efficient of 0.04. Zone–2: medium vulnerable
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Kobe Earthquake Essay Write a 700 word essay with the title: ‘What were the primary and secondary effects of the Kobe earthquake and why do you think it had such a big impact?’ Tips: Break your essay into 4 main paragraphs. These should cover the following things: Paragraph 1 − Introduce where Kobe is − Explain a few things about the city − Explain why the Earthquake happened i.e type of plate boundary etc Paragraph 2 − Explain what a primary hazard is − Explain each of
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Cause and effect of earthquakes The ground trembles‚ shakes and growls. Pictures that were once hanging so beautifully on the wall smash to the ground exploding into glittery slivers of broken glass‚ roadways break apart‚ engulfing whatever was in its path‚ never to be seen again. For many‚ this would seem to be the makings of a fictional horror movie created by Hollywood with intent to frighten a person and to play with ones senses. For those who live in the areas depicted by film‚ this is
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your head so as to keep it lower than the back. If possible‚ keep your hands above your head while you bend. Avoid stairs Never go to the stairs as this is the first part of a building to be damaged. Even if they are not destroyed by the earthquake‚ they may well collapse with the weight of panicking people attempting to flee down them. Avoid the bottom floor The higher you are in a building the less weight will be crushing down upon you and the safer you will be. Avoid doorways
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“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
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1)Abstract 2)Introduction 3)Causes of earthquakes 4)Basic terminology: a)Hypocentre‚ b)Epicentre c)Focal depth 5)Earthquake size a)Magnitude b)Intensity 6) Earthquake hazard a)Primary effects b)Secondary effects 7)Earthquake loads on buildings 8)How Buildings Respond to Earthquakes 9)Common Modes of Failure a)Structural
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The Hungry Ocean Many people think that fisherman is one of the most male dominated‚ most dangerous professions and not suite for woman. However‚ Linda Greenlaw‚ the captain of the Hannah Boden‚ has proved herself that female can be a fisherman. She breaks the beliefs and superstitious that women are “Jonahs” (bad luck aboard boats) and also make the world realized that gender discrimination does not play a part on her career. As for being female‚ she says‚ "it hasn’t been a big deal. I never anticipated
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2017‚ the annual depreciation = 1‚560‚000 4. Unlevered Net Income Unlevered net income = (operating revenue – operating cost- depreciation)*(1-35%) b. Free cash flow forecast: 1. NWC: Net working capital of year 2003 is 500‚000‚ from year 2004 the NWC =500‚000*(1.03^t) At last the increase in NWC each year = NWCt – NWC(t-1) However‚ the NWC should be added back at the very last year. 2. Shut Down The BV of vessel in year 2007 is 15‚600‚000‚ higher than 5‚000‚000 scrap value. So
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