http://www.studymode.com/essays/Ocean-Carriers-133412.html Average daily hire rates are determined by market supply and demand. Factors such as the number of operating vessels‚ number of scrapped vessels per year‚ the age of the ships‚ the efficiency of ships‚ and market expectations of supply and demand; consequently‚ these factors drive average daily hire rates. Market conditions also drive rates since demand is dependent on the world economy. When the economy is strong‚ the demand increases‚
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Ocean Carriers Assumptions and Methodology Based on an NPV analysis considering multiple scenarios‚ Ocean Carriers should commission the construction of a new capesize carrier in the event they are operating with no corporate tax and chartering the ship for its entire 25 year life. Such is the recommendation assuming the forecasted hire rates and estimated costs are accurate over the long-term. However‚ if Ocean Carriers chooses to adhere to their policy of selling ships at market value
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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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FI602 – Finance Strategy and Valuation Case Analysis Ocean Carriers March 23‚ 2011 Executive Summary Industry Overview Capesize dry bulk carriers provide shipping services worldwide. Due to their size‚ Capesize carriers must sail around Cape Horn in order to travel between the Atlantic and Pacifica Oceans – the ships are too large to utilize the Panama Canal. In January 2001‚ there were 553 capesize vessels in service throughout the world. Demand for dry bulk carriers is determined
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established primarily as a membership club which will operate and maintain a country club‚ amusement theme park and water park for the exclusive use and benefit of its members‚ their families and guests. | Barangay Mayasang Lemery Tagaytay‚ Philippines | Ocean Adventure | Is the first Southeast Asia’s only open water Marine Park. Here our animals live and play in a natural setting of clear water swarming with marine life‚ coral reefs‚ and a lovely white sand beach. | Camayan Wharf‚ West Alanin Forest Area
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on the possible construction of a new ship to meet the demands of a charterer which wants a contract 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
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tide have positive relationship. However‚ when tide changes its direction‚ the water level is likely to stay or little change. Introduction On June 19th‚ my classmates and I had field trip for Oceanography Lab (OCN 101) class with Professor Ocean Matt Horrigan. We went to Corte Madera Salt Marsh‚ which is located 12 miles North of San Francisco‚ to examine how rising and falling of tide effect on water level in the marsh and channel. My hypothesis is tide and water level of marsh and channel
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Environmental Justice: The Pacific Ocean Garbage Patch 1 Environmental Justice: The Pacific Ocean Garbage Patch Structured Controversy Netanya Roden CORE 1000 Environmental Justice: The Pacific Ocean Garbage Patch 2 Trash can be observed congregating on the sides of roadways. This trash includes plastic bottles‚ papers‚ and cans. The trash seen along the sides of the road is even more pronounced when it is observed after a long winter’s thaw. Just like the sides of the road become
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J.M.W. Turners painting of a slave ship that was got caught in a bad storm. The dark clouds filled the sky with a fiery red and yellow sunset. The reddish brown water is worrisome the waves splash against the ship‚ and the sails of the ship are not opened giving the impression that a storm was approaching. The Slavers realizing that a storm was near; they also realized that in order for them to save their ship and their selves‚ they will need to start throwing the dead and dying slaves overboard
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documentary which won several awards and an Oscar for Best Documentary Feature‚ ‘The Cove (2009)’. In the years‚ Psihoyos has become well known for his contributions towards to National Geographic. He is co-founder of the non-profit organisation‚ Ocean
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