1. What impresses you about Norton Lilly International? What has accounted for Norton Lilly’s success over the past 150+ years? What aspects of Norton Lilly do you find unimpressive? Norton Lilly is a company that has showcased its ability to withstand the test of time. The company has steadily grow and expanded both nationally and internationally since getting their start in 1841. The company was able to shift with the tides when cargo containerization came into the fold in the 1970. The ability
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Norton Lilly International: Written Case Norton Lilly is an international shipping agency. They have 37 regional offices‚ which provided service to ships in 70 ports located in North America‚ Caribbean‚ Pacific‚ and the Middle East. Their services consist of booking freight for export‚ clearing inbound cargo with U.S. customs‚ fueling vessels‚ restocking vessels with supplies and provisions‚ and arranging cargo-handling services. The company started way back in 1841‚ 150 years ago to this case’s
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WITH TCS? 6 2.2 ROLE OF TCS IN THE SHIPPING WORLD 7 2.3 TCS IMPLEMENTING ERP AT KOCHI PORT 12 3. PHASE I – ASSET REVIEW AND CERTIFICATION COURSE 13 4. PHASE II - ASSET DEVELOPMENT 18 5.1 OBJECTIVE 1: TO STUDY AND ANALYZE THE FINANCING TECHNIQUES OF: (A) NEW SHIPS‚ (B) SECOND HAND SHIPS 33 5.1.1 COMPARISON OF WORLD’S TOP NATIONS IN TERMS OF SHIPS COMPLETED (IN GT) 48 5.1.2 FINANCIAL MARKET PRODUCTS 53 5.2 OBJECTIVE 2: TO ANALYZE VARIOUS KINDS OF SHIPPING MORTGAGES AVAILABLE ACROSS THE GLOBE
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Case Title: The Shipping Industry Accounting Team Case summaries must be submitted before class‚ on the days they are called in‚ to receive marks. 1) What type of team was formed here? Was it necessary‚ in your opinion? A virtual team was formed here. I think it was necessary‚ because all of the three firms made a decision together to not focus the whole business on only one office. Teams were put together with members from different areas of the country and had to communicate
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Prepared By : Nithinlal.M PGDM ’13-‘15 Reg No : PG13027 Industry Overview Approximately 95% of India’s international trade by volume and 70% by value are seaborne. India has 11 major ports‚ 19 Medium port‚ and 187 minor ports along 7‚517 km long Indian coastline. It is strategically located as a major maritime nation due to its long coastline that flanks important global shipping routes. The National Transport Policy Committee (1980) recommended the following principles for
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| | |1 |Critically assess the key drivers of the Shipping Industry. |1 | | | | | |2 |To what extent are firms in the Shipping Industry likely to achieve what Hitt et al.‚ |6 | | |describes
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Eurasia International is a wholly owned subsidiary with a mandate to operate as a competitive third party ship manager. It provides suite of services that covers end-to-end solution for the shipping industry. As highlighted in this case report‚ the key issue confronting Eurasia International is being able to maintain the necessary HR focus while controlling the ship’s cost structure‚ staying in tune with customer requirements and anticipating the competition. The company’s mantra of success is “Being
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ng EXPORT-IMPORT BANK OF INDIA OCCASIONAL PAPER NO. 142 INDIAN SHIPPING INDUSTRY: A CATALYST FOR GROWTH Exim Bank’s Occasional Paper Series is an attempt to disseminate the findings of research studies carried out in the Bank. The results of research studies can interest exporters‚ policy makers‚ industrialists‚ export promotion agencies as well as researchers. However‚ views expressed do not necessarily reflect those of the Bank. While reasonable care has been taken to ensure authenticity
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1. The shipping industry structure will be explained via the 5 competitive forces of Porter: THREAT OF NEW ENTRANTS | New entrants face entry barriers such as: Large financial resources required to invest in a container terminal or in a shipping line. There is a big time lag between the investment (buying cranes‚ ordering vessels) and the start of operations. Conferences among shipping lines will determine the price and other conditions of the market. Vertical integration between terminals
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Risk Management in the Shipping Industry Shipping is a business that is extremely in tune with prevailing market sentiment. Its success depends on a prospering economy‚ due to the increased global trade. It is also partially sheltered from temporary downturns because businesses will switch from more expensive air freight‚ and save costs by using shipping as their means of transporting their goods instead. The industry is also an extremely competitive one‚ as there are only two main considerations
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