Ocean Carriers HW#7 PRINCIPLES OF MORDERN FINANCE (FALL 2012) JINGYE HAN “Ocean Carriers” case 1) Do you expect daily spot hire rates to increase or decrease next year? I expect daily spot hire rates to decrease next year. Based on Exhibit 3‚ order book in 2002 for dry bulk capsizes decreased‚ indicating a decrease in demand. Meanwhile‚ Based on Exhibit 2‚ the majority of capsize fleets in December 2000 are in the age within 15 years‚ among them‚ the largest portion is of those under
Premium Cash flow 3rd millennium Discounted cash flow
Substantive Issue Ocean Carriers is a shipping company evaluating a proposed lease of a ship for a three-year period to a customer‚ beginning in 2003. The proposed leasing contract offers very attractive terms‚ but no ship in Ocean Carrier’s current fleet meets the customer’s requirements. The firm must decide if future expected cash flows warrant the considerable investment in a new ship. Objective of Case Assignment To provide your team an opportunity to make a capital budgeting decision
Premium Depreciation Net present value Generally Accepted Accounting Principles
MOTIVATION AT ROYAL MAIL INTRODUCTION Employee motivation is‚ or at least must be‚ one of the key issues for directors‚ managers and personnel managers. The leader must be able to find the sensitive strings of his subordinates‚ which can be motivated by influencing them to achieve high performance. The correct use of motivation encourages staff to make more efficient use of their knowledge‚ skills‚ and talents. In today’s turbulent‚ often chaotic environment‚ commercial success depends
Premium Motivation Maslow's hierarchy of needs
The Importance of the Aircraft Carrier in Defense of the United States of America The aircraft carrier has been around in various forms since the First World War. Its emergence as the key denominator of naval power is legendary‚and its continuing prestige in this role is even yet spawning building programs among established and growing navies. The aircraft carrier is the largest and most complex of all warships and in most cases the most expensive. In addition to the cost of the ship itself
Premium World War II Nuclear weapon
A Practical Training Report On “Power Line Carrier Communication” Submitted in partial fulfillment for the award of the degree of BACHELOR OF TECHNOLOGY In Electronics & Communication Engineering [pic] 2010-2011 (13 May2010- 20June2010) Submitted to: - Submitted by: Mr. Yogesh Bhomia Abhishek Mehta Associate Prof. & Head 07EAIEE001 Deptt
Premium Electric power transmission Direct current
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
Premium Tax Depreciation Corporate tax
carte. What’s behind the success (and sometimes failure) of budget airlines? Do they cut corners on safety? What is it like to fly on a budget airline? In this article‚ we’re going to take a hard look at airline economics and find out how budget carriers stay in the black. Cost factors independent of safety One of the ways that airlines can reduce their costs is by buying fuel at the right time. If they buy kerosene when it is cheap they may be able to save millions of dollars. Another way of
Premium Low-cost carrier Airline Southwest Airlines
- Dear friend As you read this‚ I don’t want you to feel sorry for me‚ because‚ I believe everyone will die someday. My name is Jason Wilson I am a merchant of Omani nationality but presently residing in london. I have been diagnosed with Esophageal cancer .It has defiled all forms of medical treatment‚ and right now I have only about a few months to live‚ according to medical experts.I have not particularly lived my life so well‚ as I never really cared for anyone(not even myself)but my business
Premium Charitable organization Extended family English-language films
Mara University of Technology Faculty of Business Management Bachelor in Business Administration (BBA) in Marketing. Individual Assignment : Frederick W. Smith‚ Founder of FedEx. Prepared by : Wan Azmir Bin Wan Hashim Student I/D : 2010920541 Group : EBMMB4B Course : ENT530 (Principles of Entrepreneurship) Prepared for : Puan Noor Faizah Binti Mohd Lajin Facilitator for : ENT530 (Principles of Entrepreneurship) Submitted on : 13th of
Premium Frederick W. Smith
In the final year‚ these expenses make up 80% of her revenue before taxes. Additionally‚ the $5 million received from scrapping the ship 15 years in the future is only worth $3 million today. Net loss is still about $10 million. 4. If Ocean Carriers sells the capsize in the
Premium Economics Balance sheet Generally Accepted Accounting Principles