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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Aldo Ocean Eder had been living in Glace Bay‚ Port area at the southern part of The New Morram City for as long as he could remember in his 17th-year-old life. He’s the only son of Alberto Eder‚ a tough fisherman whose life bound with the tide of the sea life. Numerous times caught by a thunderous storm when he was sailing on the sea and dangling between life and death‚ his father kept his vivid dream that one day his son‚ Aldo Ocean‚ would follow his way of struggling life against the sea. Aldo’s
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States in the legal system is that criminals should be punished and the reasons for their crimes are rarely addressed. The Ocean Tides program is an innovative system rather than punishing juveniles it is an approach that hopes to rehabilitate adjudicated boys in Rhode Island within a year. Typically the more severe a crime is‚ the longer the criminal is sent away for. At the Ocean Tides program‚ 1 year is retrospectively the time that is used to help criminals readjust so once they complete the program
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Ocean Thermal Energy Conversion SPH3U I. Introductory Covering over 70% of the earth ’s surface‚ water is one of the most amazing energy sources. From olden times‚ people had previously utilized the force of the waters in order to crush grain or help them to do their work more efficiently. Since then as a power source‚ water draws a lot of attention due to the efficient manner in which it gets to produce electricity. Ocean Thermal Energy Conversion (OTEC) is a method introduced in
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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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’t have been sunk during WWI‚ the Lusitania was an ocean liner that had 1‚959 passengers‚ and ait was carrying a bunch of war supplies to the UK.The fourth problem this tunnel will solve is economy struggles that the two governments may have inthe future. All of the money earned will go to the governments of the US and the UK.Location & DistanceThis tunnel is going from one continent to another continent. The location that the stations will be arePlymouth‚ England and Winthrop‚ Massachusetts. Plymouth
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The most common effects of dumping plastics into the ocean are entanglement and ingestion. There are six main types of ocean pollution happening: oil‚ sewage‚ air pollution‚ agricultural runoff‚ sunscreen (lesser known)‚ and the most common type being dumping. Ocean dumping consists of dumping garbage‚ sewage‚ waste chemicals‚ and construction debris into the ocean. Entanglement is a large factor in the deaths of marine animals and is also the most common. Entanglement “kills through drowning‚ strangulation
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Whales are the largest marine mammal in the world‚ living in all of the major oceans from the Arctic and Antarctic oceans to the tropical waters around the world. Human whaling is to hunt and kill whales for the use of their meat‚ oil and blubber. It is estimated that three million whales were killed in the twentieth century alone. According to the survey‚ there are only 10‚000 - 20‚000 whales surviving in the oceans today. Rapidly decreasing number of whales has affected the ocean’s ecosystem.
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Both the Chinese and the Portuguese sought involvement in the Indian Ocean trade but each group used methods that juxtaposed each other. The Chinese had a lot of goods that those involved in the Indian Ocean trade routes desired. On the other hand‚ the Portuguese did not really have any goods to trade; no one needed iron pots or the wool clothing that they produced. This led the Europeans to take a different approach; since they could not trade in the way others could‚ they had to use coerce their
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market. Threat of Rivalry It is important to consider with lack of differentiation‚ visitors’ choice will greatly over the price and service‚ thus causes pressure for the intense price and service competition. Due to high threat of rivalry‚ Ocean Park is implementing different plans and activities such as redevelopment and introduction of new attractions in order to catch the attention of the visitors and differentiate themselves from rivals. Threat of Substitution The main threat of
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