“This ship is the Kaliningrad. The Americans call it the OMEGA. The last letter of the Greek alphabet. The end-all‚ the ultimate” (DiMercurio 35). This quote is describing the Kaliningrad‚ which is a Russian submarine. This submarine is literally invincible because the submarine takes advantage of water and uses it as a type of armor. The water is a meter or two from the actual body of the submarine‚ so the sub can take several hits without dying. The book takes place basically during the Cold War
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natives‚ stating they were welcoming and excited for new visitors but‚ the new visitors were really brutish beasts who "barbarously murdered" everyone one of them‚ even children. While his account depicts conquistadors and colonizers as pure evil‚ "The Ship of Fools" by Alexander Barclay makes a mockery and satire of it. In his work he believes explorers and colonizers gain all this land but‚ truly learn nothing from it‚ they do it for just
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OCEAN CARRIERS CASE 1) Should Ls Linn purchase the $39M capsize? Make two different assumptions. First‚ assume that Ocean Carriers is a U.S. firm subject to a 35% statutory (and effective) marginal tax rate. Second‚ assume that Ocean Carriers is domiciled in Hong Kong for tax purposes‚ where ship owners are not required to pay any tax on profits made overseas and are also exempted from paying any tax on profit made on cargo uplifted from Hong Kong‚ i.e.‚ assume a zero tax rate. The
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“Ocean Carriers” case Assume that Ocean Carriers uses a 9% discount rate. 1) Do you expect daily spot hire rates to increase or decrease next year? (5 points) 2) What factors drive daily hire rates? (5 points) 3) How would you characterize the long-term prospects of the capesize dry bulk industry? (10 points) 4) Should Ms Linn purchase the $39M capsize? Make 2 different assumptions. First‚ assume that Ocean Carriers is a US firm subject to 35% taxation. Second‚ assume that
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CRUISE SHIP A cruise ship or cruise liner is a passenger ship used for pleasure voyages‚ where the voyage itself and the ship’s amenities are part of the experience‚ as well as the different destinations along the way. Transportation is not the prime purpose‚ as cruise ships operate mostly on routes that return passengers to their originating port‚ so the ports of call are usually in a specified region of a continent. The rapid growth and specialization process experienced by the cruise industry
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KEY FINANCIAL ISSUES 4 3.1 Operational Costs: 5 3.2 Market Demand: 5 3.3 Charter Rates: 6 4. ALTERNATIVE INVESTMENTS & RISK MITIGATION STRATEGIES 6 4.1 SWOT Analysis 6 4.2 Alternative 1: Resale of Ship after 15 years of Operation 7 4.3 Alternative 2: Leasing or buying a Second hand Ship and renovate it 7 4.4 Alternative 3: Partnering 8 4.5 Alternative 5: Actively take part in Spot Market trading 8 5. RECOMMENDATIONS 8 5.1 Conclusion 11 6. ANNEXURE 11 7. GLOSSARY 11 8. REFERENCES 11
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| Indian Ocean Trade | Global Trade System beginning in the 1500s | | Kendra Turner-Phillips | 12/8/2009 | | Indian Ocean Trade Global Trade System beginning in the 1500s The Indian Ocean‚ considered the third largest ocean‚ is located between Australia and Antarctica. This Ocean is a major sea lane connecting the Middle East‚ East Asia and Africa with Europe and the Americas. The Ocean is essential because of its location. The location helps to boast the production of trade
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Ocean Noise Pollution For millions of years‚ the oceans have been filled with sounds from natural sources such as the squeaks‚ moans and clicks of whales and dolphins‚ the snapping of shrimp‚ the sound caused by wind upon the surface and even the occasional rumble from earthquakes. Over millions of years‚ the ocean’s marine species have developed into what they are today‚ with their own specialized acute hearing abilities‚ communication skills and echo location abilities at natural sound levels
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Indian Ocean‚ commerce changed significantly in this time period with the emergence of foreign presence that once only consisted of regions in South Asia. Additionally‚ the Indian Ocean region also changed because of the shift in the way piracy was viewed. However‚ commerce in the Indian Ocean region continued to connect the rest of South Asia because it was a prominent trade network. A change in commerce in the Indian Ocean region was the increasing foreign presence. Early on‚ the Indian Ocean trade
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Oceans are polluted to a great degree due to humans using plastic and not being recycled. The article “Trashing the Oceans‚” by Thomas Hayden‚ which was published in U.S. News and World Report‚ states how the oceans are being polluted by the trash going within it. Another article “Managing Marine Plastic Pollution‚”John H. Tibbetts‚ was published in Environmental Health Perspectives‚ demonstrates how the pollution is greatly impacting the ocean. The article “Trashing oceans” utilizes ethos‚ logos
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