Financial Management Read ‘Ocean Carriers’ and answer the following questions: Ocean Carriers uses a 9% discount rate. 1. Do you expect daily spot rate to increase or decrease next year? - The expected daily hire rates drives the daily spot rates higher. So we are expecting the higher daily spot rates under higher expected daily hire rates. 2. What factors drive average daily hire rates? - Demand in iron ore shipments‚ - World economy‚ strong economy in western countries will raise
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spreading mid-ocean ridge that produces broader and less rugged segments? -faster When you have Oceanic-Contintental convergance‚ which one becomes subducted? -oceanic The San Andreas Fault is what kind of boundary? -transform The areas where mantle plumes come to the surface are called what? -hotspots Much fluid basaltic lava erupts on the seafloor at mid-ocean ridges. Such eruptions pose little risk to humans because almost all of these occur at the bottom of the ocean. The island
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Ocean Waves A wave is a periodic disturbance in space and time‚ possibly transferring energy to or through a space-time region. Have you ever ridden a wave in the ocean? Ocean waves travel on the surface of the water. You can see them and you can feel them. As you swim through the water‚ you can even make your own waves. The winds cause waves on the surface of the ocean (and on lakes). The wind transfers some of its energy to the water‚ through friction between the air molecules and the water molecules
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“The acidification of the ocean today is bigger and faster than anything geologists can find in the fossil record over the past 65 million years” (Carl Zimmer). This is just an illustration regarding the tales of environmental degradation from carbon dioxide pollution in the ocean. The phenomenon of ocean acidification is imperative to understand; the reduction of essential pH levels over a protracted period of time is extremely harmful. In other words‚ ocean acidification can be measured by pH units
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surface. It includes all five oceans the Arctic‚ Indian‚ Southern‚ Atlantic‚ and Pacific. In it There are many many types of fish and also some mammals. The oceans span wide and deep. There are also plants in the ocean. The ocean is a vast and mysterious place where we are still discovering many things about it everyday. The physical attributes of the ocean depend on which ocean you explore‚for example the Arctic ocean is very cold but the Pacific ocean is warm. In the ocean there is a deep portion and
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Assignment 1: Ocean Carriers Refer to the HBS case “Ocean Carriers” and answer the questions below. Each student must turn in a hardcopy of her/his solution and answers in class at the start of the week-4 lecture. She/he must also up-load a softcopy of her/his solution spreadsheet on LMES by then‚ too. Note: You should complete the related textbook chapters (RWJJ Chapters 7 & 8) before attempting this case. In particular‚ you need to study the Baldwin Case first (Chapter 8.2 + material on LMES)
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Homework on Ocean Floor Instructionon on how to download the movie online: Go to the link: http://www.learner.org/resources/series78.html# and click on the next to the “4. Sea Floor”. To avoid pop-up blocker‚ press CRTL key as you click on the If you click on the movie screen‚ you will get a full screen view. After watching the 30 minute movie on The Sea Floor‚ answer the following questions by typing in a separate sheet of paper. (As you watch the movie gather as much information
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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‚
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The Ocean Ranger The Ocean Ranger was an offshore exploration oil drilling platform that sank in Canadian waters 315 kilometres southeast from St. John’s Newfoundland‚ on the Grand Banks of Newfoundland on February 15‚ 1982‚ with 84 crewmembers onboard. The Ocean Ranger was the largest semi-submersible‚ offshore exploration‚ oil drilling platform of the day. Built in 1976 by Japan’s Mitsubishi Heavy Industries‚ it operated off the coasts of Alaska‚ New Jersey‚ Ireland‚ and in November 1980 moved
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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
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