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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Ocean Carrier Case Study INDEX Case Background··························3 Dilemma································3 Scenarios under different tax rates and years ····························3 Alternative································5 Decision summary··························5 Appendix Ocean Carrier Case Study * Case Background Mary Linn of Ocean Carriers is evaluating the purchase of a new capesize carrier for a 3-year lease proposed by a motivated customer
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Planning Organizing‚ Leading and Controlling The whole point of having a well-organized business is to make the operation run smoothly. When a business is well organized‚ everyone understands his or her duties and responsibilities. The lines of communication move information to the decision-makers or managers and allows for making better and timelier decisions. Functions Of Management In today’s business world managers follow certain rules that help them be better at their job and also contribute
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[pic] The Slave Ship Slavers Overthrowing the Dead and Dying - Typhon coming on (“The Slave Ship”) Turner‚ John Mallord William (1775-1851) Romantic Landscape Painter 1840; Oil on canvas‚ 90.8 x 122.6 cm; Museum of Fine Arts‚ Boston "Aloft all hands‚ strike the top-masts and belay; Yon angry setting sun and fierce-edged clouds Declare the Typhon’s coming. Before it sweeps your decks‚ throw overboard The dead and dying - ne’er heed their chains Hope‚ Hope‚ fallacious Hope! Where
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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 and shipping. It provides a treasured source of recreation for humans. It is mined for minerals (salt‚ sand‚ gravel‚ and some manganese‚ copper‚ nickel‚ iron‚ and cobalt can be found in the deep sea) and drilled for crude oil. The ocean plays a critical role in removing carbon from the atmosphere and
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Ocean Carriers Case Ocean Carriers uses a 9% discount rate. 1. Do you expect daily spot rate to increase or decrease next year? Daily spot rates are expected to decrease next year because 63 new vessels are scheduled for delivery over the next year and imports of ore and coal would most likely remain stagnant over the next two years. Imports of iron ore and coal and the number of vessels available are two big factors of spot rates. 2. What factors drive average daily hire rates?
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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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(a) Statement of Problem. Ocean Carriers is evaluating a proposed three year lease of a ship. Currently‚ no ships in Ocean Carrier’s fleet meet the requirements of the customer. Since the new ship requires an investment of $39 million‚ Mary Linn‚ the Vice President of Finance for Ocean Carriers‚ needs to evaluate the proposal’s NPV and determine whether or not to accept the proposal by considering expected cash flows‚ tax implications‚ and future market conditions. (b) Statement
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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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Attendance for Owners H&M Underwriters towage warranty survey and local MSA towage survey for the voyage from Shanghai to Kholmsk. | INDEX S.No | Item | 1 | Introduction | 2 | General Layout | 3 | Towing Equipment | 4 | Stinger | 5 | Brief overview of pipe laying operations | 6 | Sea securing | 7 | AHT Posh Constant | Introduction: Attended on board the PLB Fortuna at ZPMC shipyard dock ‘0’‚ from June 04 to June 19 for the purpose of assisting the Owners H&M Underwriters
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