Refinery in South-East Asia CHALLENGE This refinery had a problem with the accuracy of crude oil inventory measurement. The inventory must be closely monitored so that the tanks are not overfilled and there is no spillage during transfers from cargo ships and during inter-tank transfers. This customer also had difficulties with tracking changes in crude oil inventory with the volume calculation based on manual checks and calculations. Cause of Problem Each tank has a single 14-inch still-pipe on
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Kong‚ where owners of Hong Kong ships 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. 3. What do you think of the company’s policy of not operation ships over 15 years old? Based on your analysis‚ should the firm scrap the new ship at 15 years of age or continue operating it till age 25? Your analysis of Q2 should also factor in firm’s “optimal” decision when the ship is 15 years old. Answers: Q 1:
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1. How do you value the importance of human relations onboard cruise ships? Answers: I value the importance of human relations because it will help to work accurately and no excuses. Human relations is very important to the people who work in cruise ships because there are a lot of nationalities working on board and you need to have a good relationship to them. If you have good relationships to them you will gain a respect to them and you need to respect them to respect you as a people. Good human
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show good seamanship by making the decisions on behalf of his ship and its cargo. However‚ subsequent investigations found that the master had exhibited poor seamanship. This included the mistake of not attributing sufficient seariousness to the weather warnings that he had received and also the decision to ride out the storm at anchor‚ as well as failing to ballast the ship for rough weather. It is important to note that all 50 ships in the harbour at the time had received weather warnings several
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the number of vessels available are two big factors of spot rates. 2. What factors drive average daily hire rates? Daily hire rates are driven by the world economy‚ specifically the iron ore and coal markets‚ since they made up 85% of the cargo carried by vessels. The higher the demand for these products‚ the higher the daily rate that could be charged. Trade patterns also affected the demand for vessels. Higher rates could be charged for trade between Australia and Western Europe then can
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In creating the Freight Market Information for dry cargo indices‚ the Baltic Exchange currently requires its panellists to report their opinions based on the following ship definitions Capesize 172‚000 metric dwt‚ 190‚000 cbm grain‚ gearless Main Components Of A Vessel’s Costs For the purpose of estimating and accounting‚ the expenses of a vessel are usually divided into voyage costs and daily running costs. The former are those expenses which are incurred solely when a vessel is engaged
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dates still retained the appearance of dates‚ and although they were of some value for the purpose of distillation into spirit‚ they were so impregnated with sewage and in such a condition of fermentation that there had been a total loss of cargo. Held ‘The cargo owners’ claim would be successful. Lord Esher MR: ‘We are dealing with dates as a subject-matter of business‚ the nature of thing has been altered. The nature of a thing is not necessarily altered because the thing itself has been damaged
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having the skills of proper cargo handling: Equipment to assist in moving on board cargo. Since Ships pitch & roll to the seas in a storm. They are required to secure the ships cargo from shifting. If this were to happen. The vessel could loose stability‚ & list to one side‚ to possible catastrophic affect. Precautionary measures to be taken when cleaning cargo holds: - the ship is technically fit and prepared to carry the intended types of cargoes; - the ship is well equipped with cleaning
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recession‚ according to forecasts‚ the amount of cargo going through ports is going to rise dramatically by 2020‚ affecting the congestion issues for many ports. (Maguire‚ A. et al‚ 2010). Port operations can be subcategorized in three sectors. Firstly‚ there are the seaside operations where vessels arrive at the port and a berth should be available for the ship to unload or load its cargo. Secondly‚ there is the yard operation of the port where the cargo is handled and stored after the loading or unloading
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5.1. the cargo was stowed on deck or inside the holds of the vessels; 5.2. there are no informations about the period of transportation‚ the year‚ when this transportation has taking place‚ delivery terms; 5.3. there are no informations about the vessel type‚ the loading rate‚ the discharging rate‚ the freight rate‚ the payment of freight the demurrage rate etc; 5.4. how the wine is packed (in bottles‚ barrels etc.) 5.5. how was made the stowage and the lashing of the cargo; 5.6. how was
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