Ocean Carriers Project Analysis Introduction Ocean Carriers receives a lease for a ship over three years starting in 2003. However‚ the company currently does not hold qualified ships that can meet customers’ demand. Our report is not only to assist Ms. Linn to decide whether or not to purchase a new ship but also give a reasonable suggestion on how long to hold on the ship regarding the NPV and long term prospective of dry bulk industry. Upon business operating in U.S or H.K‚ we consider four scenarios
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of only 3 years. Based on the calculations of the costs of construction against the value of the contract‚ it is recommended that Ocean Carriers not go ahead with the construction. However‚ if a strategic alliance can be created with another carrier to lease their vessels‚ Ocean Carriers should accept the contract. If the strategic alliance is mutual‚ Ocean Carriers should build the vessel to add on to its own fleet. Key Financial Issues Mary Linn has to deal with the following key financial issues
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Ocean Carriers Project Analysis Introduction Ocean Carriers receives a lease for a ship over three years starting in 2003. However‚ the company currently does not hold qualified ships that can meet customers’ demand. Our report is not only to assist Ms. Linn to decide whether or not to purchase a new ship but also give a reasonable suggestion on how long to hold on the ship regarding the NPV and long term prospective of dry bulk industry. Upon business operating in U.S or H.K‚ we consider four scenarios
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Ocean Carriers Case Study Submitted by Fozia Abid Maryam Noor Nadia Farooq Umar Farooq Hamza Tariq Muhammad Mohsin Lahore School of Economics Ocean Carriers Report The fragmented shipping industry is one of the most essential industries for continuous globalization and growth; industry prospects are surprisingly stable in contrast to the normal logistics businesses that are highly cyclical. The factors that drive average daily hire rates are the age of vessels‚ market condition‚
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Introduction Ocean Carriers Inc. is a shipping company specializing in the operation of capsizes bulk dry carriers. In January 2001‚ the vice president of finance for Ocean Carriers was evaluating a contract proposal. In the proposed contract‚ Ocean Carriers would lease one ship to a client for a three year time frame. The customer would begin utilizing the ship in 2003. In 2001‚ Ocean Carriers did not have a ship that would meet the needs of this customer‚ and thus was considering purchasing a
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Executive Summary Given the current and expected market conditions‚ the financial department of the OceanCarriers Group is to evaluate the potential revenues and expenses of commissioning a new capsize ship for cargo transportation in order to meet a received demand for lease. Are commended approach would consist in analyzing the expectations for the world economy‚trends in world trade and potential contracts; however‚ an estimated time of service should be assigned in order to predict future cash
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1. Executive Summary Selling online can help your business reach new markets and increase your sales and revenue gains. Those who are interested in selling to other businesses‚ can use the Internet to find sales leads‚ announce calls for tender‚ and to offer products for sale. Searching for products and services online can save time and money by allowing to find the best prices without having to do all the legwork. You can use the Internet to find new suppliers‚ post buying requests or search for
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Effects of Second-Hand Smoke Imagine yourself sitting down to dinner at a restaurant. You are sitting down trying to enjoy your dinner when all you can smell is smoke. Not only are you just breathing in the smoke‚ it is also damaging your body at the same time. Or imagine yourself at your work place‚ whether it be a restaurant or office‚ and you are forced to breathe in second-hand smoke the entire time you are there. In this paper you will be informed of the harmful effects of second-hand smoke‚
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Second Hand Smoking versus First Hand Smoking ! Smoking is the most deadly drug in the world. It kills 120‚000 people each year in the United Kingdom‚ and almost 90% of patients with lung cancer are attributable to smoking. However‚ smokers around the world are not the only ones in danger. Not only smokers‚ people around them are also in risk. Second hand smoking is as harmful as direct smoking. It is proven by research that exposure to other people’s smoke can increase the risk of cancer
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------------------------------------------------- Effects of Second Hand Smoke by Len Johnson. Derived from Wikipedia article: "Tobacco Smoking" Passive smoking (also known as environmental tobacco smoke (ETS)‚ involuntary smoking or second hand smoke) occurs when the exhaled and ambient smoke from one person’s cigarette is inhaled by other people. Non-smokers exposed to second hand smoke are at greater risk for many of the health problems associated with direct smoking. In 1992‚ the Journal
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