Executive Summary A decision has to be made 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‚
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the coast of Dumali Point‚ Mindoro‚ in the Philippines. That night‚ the 2‚215-ton passenger ferry sailed into infamy with a loss of over 4‚000 lives – many of them burnt alive in an inferno at sea. MV Princess of the Orient- September 18‚ 1998 the ship capsized at 12:55 p.m. near Fortune Island in Batangas and sank‚ and out of the 388 passengers onboard‚ 150 were killed. Passengers were floating at sea for more than 12 hours before rescuers were able to reach the survivors. MV Doña Marilyn- October
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Palestinian prisoners held in Israel and threatened to blow up the ship if intervention were attempted‚ and to start to kill the passengers if their demands were not met.1 Subsequently a Jewish American passenger‚ Mr Klinghoffer‚ was shot dead and his body thrown overboard. Several days later the four men gave themselves up to the Egyptian authorities‚ following negotiations between them‚ with the aid of an intermediary‚ while the ship was lying off Port Said. These negotiations resulted in an offer
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with keen marksmanship hunted wild cattle and boar on the island of Hispaniola. These men were brutal‚ burly beings that could live throughout the harshest of environments. They constructed boucans‚ or grills‚ to smoke and sell their meat to passing ships (Minster 1). Similar to the Native Americans‚ the buccaneers used just about every part of the animal they slaughtered. They used hog skin as boots and belts made out of rawhide (Bradford 82). Buccaneers were simple
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Chapter One 1 Introduction 1.1Origin of the Report: Theoretical knowledge doesn’t highlight the reality as clearly as practical knowledge. Theoretical knowledge is a guideline‚ but practical knowledge is experience oriented. Practical knowledge is must for the completeness of theoretical knowledge. So both are necessary. As a BBA student we have gathered enough theoretical knowledge and techniques. Now it is needed to compliance with this knowledge with in practical orientation. I was assigned
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The Golden Age of Piracy and the War of Spanish Succession A small merchant ship is following its regular routine as it sails through the vast ocean when suddenly the sailor on top of the lookout exclaims “Black flag!”. Suddenly‚ the tiny ship is filled with commotion as everyone scrambles to get to their stations in preparation for the inevitable pirate attack. The men grab weapons and man their cannons in preparation for a battle with blood thirsty pirates. The year is 1715; this marks the beginning
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Contents |Question No. | |Page | | | | | |1 |Critically assess the key drivers of the Shipping Industry. |1 | | |
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With love‚ The pungent smell of blood‚ sweat and tears filled the clean‚ crisp air. There lay a black boy‚ flat upon his chest‚ on the deck of a smooth sailing ship. His feet‚ hands and neck were bound with metal chains fastened to the railings of the ship. By his side stood a huge Oburoni armed with a long whip which he applied with merciless power and precision. Each stroke left a deep gash in the smooth‚ dark skin of the young boy‚ preceding the blood that followed. Amongst the muffled sobs
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History of Piracy Across the World Circa. 69 -- 1730 C.E. Prepared by: Franz Q. Dunsworth Prepared for: Mr. Evans World Civilization 10/31/2014 Webster defines the word pirate‚ as someone who engages in robbery‚ particularly the robbery of ships at sea. However‚ pirates were also known for occasionally attacking coastal towns. Some pirates were referred to as corsairs or buccaneers‚ determined by their time period and area of operation. During the 15th through 18th centuries‚ pirates who
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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 by the world economy. Over 85% of the capesize vessels are used for shipping
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