our left‚ open ocean‚ the call of Wreck Beach and the natural splendour of Pacific Spirit Regional Park and to the right the urban oasis known as Vancouver. This is the thrill of launching from the expansive beaches of Spanish Banks. After much discussion‚ we decided to head to town. The glistening towers lining English Bay and Yaletown were like beacons guiding us towards the protected waters of False Creek. Paddling past Jericho Beach and the Jericho Beach Sailing Club‚ we watched in delight as
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(1649649) – Class 17; Giorgi Kolbaia – (1651397) – Class 17; Luca Beisans – (1675347) – Class 17; Maxence de Poulpiquet – (1646504) – Class 17 Executive Summary Given the current and expected market conditions‚ the financial department of the Ocean Carriers Group is to evaluate the potential revenues and expenses of commissioning a new capsize ship for cargo transportation in order to meet a received demand for lease. A recommended approach would consist in analyzing the expectations for the world economy
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iron ore shipments. They claim demand in iron ore shipments has historically shown a strong correlation with charter rates‚ and we believe this makes sense. Vessel size‚ distance of route‚ and demand for ore/coal are drivers of daily rates. Per the case‚ technological developments in ship construction play a role in capacity‚ as newer ships are bigger‚ faster‚ and more fuel efficient‚ increasing the overall shipping capacity of a fleet. Accordingly the long-term decline in daily hire rates makes sense
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Ocean Carriers Case Report Executive Summary Ocean Carriers is evaluating a proposed lease for a ship over three years starting in 2003. Currently‚ Ocean Carriers does not have any ships that are available to meet this customer demand. This report will assist VP of Finance Mary Lynn to make a decision on whether or not to commission a new carrier and how long to hold on to this asset. Based off a financial analysis using the data Ocean Carriers has provided‚ the final recommendation is that
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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 by the world
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The Case of the untouchable water carrier Introduction: The caste system was and continues to be a terrible reality for people in Europe and Asia. Even though it is not as prominent now as it was before it was abolished‚ it still affects many people all around the world. To be born into a status‚ one that you can never leave or outlive is a great tragedy. How does one come to terms with knowing that a choice was never an option? It doesn’t matter if all the laws changed today‚ the fact remains
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PHUKET BEACH HOTEL: VALUING MUTUALLY EXCLUSIVE PROJECTS I. STATEMENT OF THE PROBLEM This is an assessment of the different costs and benefits of two mutually exclusive capital projects involving the use of an underutilized space located on the second floor of the main building of Phuket Beach Hotel (PBH). The first project‚ Planet Karaoke Pub (PKP) offered to sign a four-year lease agreement with (PBH) while the second project‚ Beach Karaoke Pub (BKP)‚ is a pub the PBH itself‚ plans to put
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Case Study: ‘Ocean Carriers’ By: Alyssa Linder Wenliang Zhang Xhangoli‚ Eva 1. Daily spot hire rates are determined according to supply and demand of the shipping capacity. According to the article‚ the supply of ships available equals the number of ships currently in the fleet plus any new ships added‚ minus any scrapings and sinking. According to Exhibit 2‚ there are a limited number of ships older than 24 years which are likely to be scraped. For those ships under the age group
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The Laguna Beach High School’s Administration has incinerated the GPA of its incoming class of freshman. The horrific news came out after the administration decided to demolish the weighted honors credit of a 5.0 instead of a 4.0 for certain classes. Making the new incoming class of 2020 feel abused by the system. The main reason the school drop the weighted grade is because of the UC and USC colleges drop all honors credit classes. Also‚ how students feel required to take certain honors classes
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The name of the agency that I researched was the Federal Motor Carrier Safety Administration (FMCSA). The FMCSA is a regulatory agency. The title of the agency is “Qualification of Drivers; Exemption Applications: Diabetes.” The Date of the regulation was April 12. This is a rule that was proposed by FMCSA to renew the exemptions of 130 individuals from its ruling that prohibits people with insulin-treated diabetes mellitus from operating commercial motor vehicles in interstate commerce. This regulation
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