The book that I chose to read was When Breath Becomes Air‚ by Paul Kalanithi. Paul Kalanithi was both a neurosurgeon and writer. He held degrees from Stanford‚ Cambridge‚ and Yale School of Medicine. During his residency as a neurosurgeon he had many achievements‚ performed a great deal of research‚ and had won several different awards. However‚ in the last few months of his residency‚ he began to have a lot of back pain and fatigue‚ and was soon diagnosed with terminal lung cancer. Throughout this
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Ocean Carriers Case Expectations for Daily Spot Hire Rates Next Year Iron ore and coal imports will most probably decrease the upcoming year With the increasing supply of vessels should result in a market surplus By creating this surplus‚ prices will be driven down‚ since we will have limited demand and suppliers competing Average daily rates‚ based on historical numbers‚ have a direct relationship with the number of shipments. What Factors Drive Average Daily Hire Rates? u
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Financial Management Read ‘Ocean Carriers’ and answer the following questions: Ocean Carriers uses a 9% discount rate. 1. Do you expect daily spot rate to increase or decrease next year? - The expected daily hire rates drives the daily spot rates higher. So we are expecting the higher daily spot rates under higher expected daily hire rates. 2. What factors drive average daily hire rates? - Demand in iron ore shipments‚ - World economy‚ strong economy in western countries will raise
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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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Introduction Continental Carriers Inc is a trucking company which specialises in transporting general commodities. Since its establishment in 1952 the company operates within the district of the Pacific Coast and from Chicago to various points in Texas. It was noted that the company maintains an overall low debt policy‚ whereby they obtain infrequent short term loans and avoid long term debt. Furthermore with the appointment of Mr. Evans as president‚ the company became more profitable and experienced
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(a) Statement of Problem. Ocean Carriers is evaluating a proposed three year lease of a ship. Currently‚ no ships in Ocean Carrier’s fleet meet the requirements of the customer. Since the new ship requires an investment of $39 million‚ Mary Linn‚ the Vice President of Finance for Ocean Carriers‚ needs to evaluate the proposal’s NPV and determine whether or not to accept the proposal by considering expected cash flows‚ tax implications‚ and future market conditions. (b) Statement
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After reading the book When Breath Becomes Air we got a general idea of a certain type of cancers like brain cancer and the different treatment options you have when it comes to being diagnosed with a terminal illness. Terminal illnesses are a big deal and I personally feel if you have a chance to try to prolong your life and a possibility to get rid of this illness I say go for it. Paul Kalanithi the author of When Breath Becomes Air was a surgeon who was diagnosed with a terminal illness specifically
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INTRO Prader-Willi syndrome or PWS‚ is not a disease many people have knowledge about‚ or have even heard about it. Only about 1 in 25‚000 children are born with this rare syndrome. In 1956‚ Prader-Willi was first described by Andrea Prader‚ Heinrich Willi‚ and Alexis Labhart. Prader and Willi‚ both Swiss pediatricians‚ and Labhart‚ an internist‚ were the first people to publish a report on this syndrome (Nord‚ 2015). In the research‚ they described characteristics observed of the affected children
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Ocean Carrier Case Study Summary In order to accept the recently submitted leasing contract proposal‚ Ocean Carriers would have to purchase a new ship. The purchasing of a new ship is a considerable investment. We have analyzed whether or not Ocean Carriers should make this investment using Free Cash Flow and Net Present Value (NPV) analysis. Given the details of the contract‚ the forecasted daily time charter rates‚ and the costs data; we have concluded that Ocean Carriers should not accept
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Ocean Carriers Inc. A Case Study By ab Introduction • Ocean Carriers Inc. owned and operated cape-size dry bulk carriers worldwide. • Major Cargo type : Iron ore. • Vessel sizes : 80000 DWT to 210000 DWT. • Cape-size carriers travel around Cape Horn rather than the Panama Canal due to size constraints. Operations Maintenance Maintaining Supplies And on board Stores Supply of Lubricants Cargo Operations Repairs Insurance Business Model • Mostly chartered
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