Ocean Carriers Case Ocean Carriers uses a 9% discount rate. 1. Do you expect daily spot rate to increase or decrease next year? Daily spot rates are expected to decrease next year because 63 new vessels are scheduled for delivery over the next year and imports of ore and coal would most likely remain stagnant over the next two years. Imports of iron ore and coal and the number of vessels available are two big factors of spot rates. 2. What factors drive average daily hire rates?
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4.0 CARRIER’S IMMUNITIES FROM UNSEAWORTHINESS OF SHIP According to Hague-Visby Rules‚ Article 1 (a)‚ carriers include owner or the charterer who enters into a contract of carriage with the shipper. The carrier will not be liable for losses or damage to cargo if it falls under any of the circumstances stated in the carrier’s immunities. First‚ in the Art IV rule 1 if the carriers exercises due diligence‚ immunities will be given only against latent defects that is not discoverable on a reasonable
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Background Ocean Carriers Inc. is a shipping company specializing in the operation of capsizes bulk dry carriers. In January 2001‚ Mary Linn‚ the vice President of Finance for Ocean Carriers was evaluating the purchase of a new capsize carrier for a three years lease proposed by a motivated customer. The leasing contract offers very attractive terms‚ but no ship in Ocean Carrier’s current fleet met the customer’s requirements. In addition‚ this proposed contract is only for three years. Therefore
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LNG CARRIERS History The first LNG carrier Methane Pioneer (dwt 5034 tons) left the Calcasieu River on the Louisiana Gulf coast on 25 January 1959. Carrying the world’s first ocean cargo of LNG‚ it sailed to the UK where the cargo was delivered. Subsequent expansion of that trade has brought on a large expansion of the fleet to today where giant LNG ships carrying up to 266‚000 m3 are sailing worldwide. At the end of 2005‚ a total of 203 vessels have been built‚ of which 193 are still in service
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Executive summary This feasibility study is commissioned by Mr. Jaime D. Reyes‚ a resort owner from Pinamalayan‚ Oriental Mindoro. The resort owner would like to further utilize his resort‚ Bulaklak Garden Resort‚ a 24-hectare beach front in Brgy. Pili. Currently‚ only 3-hectares of the land is being utilized‚ making 21-hectares a viable spot for improvements. However‚ due to financial constraints‚ the owner would like to loan to the bank to finance the probable expansion of his resort‚ and before
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Descriptive Essay- Beach‚ Vacation The place where I feel most comfortable is a place where I am calm. A place that is peaceful in its own ways. It is the place to go to get away from all my troubles. It is the one place where I could sit forever‚ and never get tired of just staring into the deepest blue I have ever seen. It is the place where I can sit and think the best. A place where nothing matters but what is in that little moment. The one place capable of sending my senses into an overload
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1. According to research‚ most respondents aware of a minimum charge of 5 pence on all single-use carrier bags. However‚ most young people were not aware of the charge‚ which is the number of students taking up in these age groups‚ who may only just studying in school and go shopping infrequently. On the contrary‚ a large number of old people were aware of the charge due to often buying groceries and everyday items from shops. 2. This bar chart compares the proportion of respondents of both
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AIR CARRIERS Question 1: What is the major advantage of air carriers? How does this advantage impact the inventory levels of those firms using air transportation? Explain how this advantage relates to the choice of modes when choosing between air carrier and other modes of freight and passengers transport. SPEED How does this advantage impact the inventory levels of those firms using air transportation? Lower inventory cost Lower related logistics cost Higher variable cost
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Introduction The South Beach Diet‚ which originated with Dr. Arthur Agatston‚ a cardiologist‚ began as a response to the growing rate of heart disease patients in the United States. He found that many of the fad diets were focused on high carbohydrates‚ which were not affecting the type of weight loss needed to reduce heart disease. The center‚ or heart of the diet‚ is focused on healthy lifestyle living‚ and maintenance around nutritional choices. The South Beach diet focuses on three phases:
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Case 8 The Acua Beach Hotel Block Booking of Capacity During a Peak Period SHenvl Knrlns‚ JocuBN Wtntz‚ eNp CuntsroPHER Lovnlocr The sales manager for a Caribbean hotel wonders whether to accept a large blockbooking at a discount rate ftom a Sroup participating in an international sporting eaent. Do the promised broadcasts as the host hotel for the upcoming West Indies Cricket Series‚ an important international sporting event. publicity benefits justifu the risk of turning higher
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