MGT 623 Ocean Carriers Case Study 1) Do you expect daily spot hire rates to increase or decrease next year? According to the Case description‚ Exhibit 3 showed order booking and delivery schedule for bulk capsizes for coming years from 2001 to 2004. It was larger than the number of current fleet size in Exhibit 2. Thus‚ the spot hire rates would likely to decrease since capsizes are available. 2) What factors drive average daily hire rates? Daily hire rate were determined
Premium Rate of return Supply and demand Hong Kong
4. Trade in the Mediterranean Sea Lanes was much different from trade in the Indian Ocean Sea Lanes. Unlike the Indian Ocean‚ the Mediterranean Sea normally had very calm waters. Trade boats had large‚ flat sails to pick up wind‚ and were larger to house the numerous oarsmen. They also had rowers and stayed close to the shore. The
Premium United States Europe Globalization
Ocean and marine dumping Again‚ think of the rubbish we all make each day. Paper waste‚ food waste‚ plastic‚ rubber‚ metallic and aluminum waste. In some countries‚ there are deposited into the sea. All these waste types take time to decompose. Example‚ it is know that paper takes about 6 weeks‚ aluminum takes about 200 years and glass takes even more. When these end up in the sea‚ they harm sea animals and cause a lot of deaths Oil Pollution Routine shipping‚ run-offs and dumping of oils on
Premium Water Pollution Waste
served on the US Air Force Scientific Advisory Board‚ and I currently serve on the board of the Oregon Wave Energy Trust. The United States is blessed with abundant MHK renewable resources from ocean waves and currents. For the continental United States‚ the potential MHK resource‚ dominated primarily by ocean waves‚ is
Premium Renewable energy
as commercial entrepots‚ a void fell over trade in the Indian Ocean that would persist until 750 AD‚ which signaled the beginning of Muslim dominance in the area. Initially confined to the Persian Gulf‚ Muslims began to expand their circle of influence to the eastern coast of Africa. Like Meroe and Aksum‚ the eastern coast of Africa provided a pipeline to the interior luxuries of the continent‚ as well as to those of the Indian Ocean. However‚ unlike Meroe and Aksum‚ the sheer length of the coast
Premium Islam Africa Asia
Substantive Issue Ocean Carriers is a shipping company evaluating a proposed lease of a ship for a three-year period to a customer‚ beginning in 2003. The proposed leasing contract offers very attractive terms‚ but no ship in Ocean Carrier’s current fleet meets the customer’s requirements. The firm must decide if future expected cash flows warrant the considerable investment in a new ship. Objective of Case Assignment To provide your team an opportunity to make a capital budgeting decision
Premium Depreciation Net present value Generally Accepted Accounting Principles
Question 1 - What is the focus and what are the strategies being employed in the organisation’s marketing program? 1.1 Introduction – Ocean Park’s mission and core values Ocean Park (“OP”) is the first theme park in Hong Kong and opened in 1977. It is a non-profit making organisation that aims to provide visitors a unique guest experience combining three elements of entertainment‚ education and conservation. With its long history and distinctive image‚ it has always been regarded as Hong Kong people’s
Premium Hong Kong
The play Gem of The Ocean overall was a great production‚ although this paper is not suppose to be about what I liked or disliked about the play. For the simple fact that I don’t regularly go and watch plays; just going to this one made me realize how well put together plays are. From the acting‚ the design and the direction of the play were all amazing to me. This paper is to inform any reader that the actor selection was a great pick‚ the design was effective in a numerous amount of ways and the
Premium Theatre Play English-language films
OCEAN CARRIERS ANALYSIS DATE: 8/29/2007 TO: MS MARY LINN CC: PROF. TOM MILLER FROM: RYAN DALE SEELKE RE: DECISION ON CAPE SIZE CARRIER PRIORITY: [URGENT] Ms Mary Linn‚ After careful cash flow analysis and a discount rate (WACC) of 9%‚ commissioning a capsize carrier for 25 years is the only appropriate option for our firm. However‚ if the discount were instead 10%‚ both options would fail the NPV test by yielding negative results. I make this recommendation after thorough analysis of
Premium Cash flow Net present value Weighted average cost of capital
National Cranberry Cooperative 2. The resource with least capacity determines the maximum long-term achievable throughput rate. Because wet and dry berries follow different routes at RP#1 there will be a maximum achievable throughput for each. The capacity of the dryers is the bottleneck for the wet berries. The maximum throughput for wet berries is 600 bbls/hr. For dry berries the separation process is the bottleneck. The maximum throughput for dry berries is 1200 bbls/hr. The percentage
Premium Network performance Time Bottleneck