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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Case 1 – Ocean Carriers Kevin Gordon 2543984, Camiel Hamstra, & Marloes Schrijer 2518578 Ocean Carriers is a shipping company with offices in New York and Hong Kong. In 2001, Vice President of Finance, Mary Linn, has to decide whether Ocean Carriers should commission a new capesize carrier to meet the specific requirements of a customer. The proposed contract, however, is only for three years. Linn needs to decide if the considerable investment in a new ship is worth it, given the future
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To: Continental Carriers-Board of Directors Part 1 Continental Carriers, Inc. is a trucking company that works primarily in transporting general commodities. The company was founded in 1952 and operates within the district of the Pacific Coast and from Chicago to various points in Texas. The company avoids long term debt and an overall low debt policy by taking out short term loans. Since the appointment of Mr. Evans as president, Continental has become more profitable through internal growth
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EUROPEAN COMMISSION DIRECTORATE-GENERAL FOR AGRICULTURE AND RURAL DEVELOPMENT Directorate L. Economic analysis, perspectives and evaluations L.5. Agricultural trade policy analysis Brussels, July 2008 High prices on agricultural commodity markets: situation and prospects A review of causes of high prices and outlook for world agricultural markets This working document does not necessarily represent the official views of the European Commission High prices on agricultural commodity markets:
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United Carriers, Inc В мае 2005 года, Элизабет Торп, вице-президент по финансам компании United Carriers, INC (UCI) рассматривала преимущества и недостатки альтенативных методов финансирования для приобретения фирмы Midland Freight, Inc. На недавней встрече совета директоров выявились существенные разногласия относительно лучшего метода финансирования для приобретения этой фирмы. После собрания госпожа Торп попросила президента компании UCI Джона Эванса оценить аргументы, представленные директорами
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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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iron ore vessel shipments 0.18 -0.38 fleet size 0.98 0.86 Table I Correlation Coefficient between iron ore vessel shipment, fleet size and average spot rate Should Ms. Linn purchase the $39M capsize? Hong Kong or the U.S? (Ocean Carriers uses a 9% discount rate.) To analyze these two scenarios, we choose to calculate net cash flow and IRR for every year. The detail calculation is attached in the appendix and the methodology of this approach is enlisted as below. Formula for
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Financial Management CASE STUDY 2: OCEAN CARRIERS April 20, 2015 Emily Chen (Ro4749035) / Naree Klungpremchitt (R03749057) Christopher Loo (Ro3749038) / Julien Minard (Ro3749036 Q1: What Factors Drive Average Daily Spot Hire Rates? Average daily spot hire rates are influenced by supply and demand of the vessels. Demand of vessels was determined by market condition. There will be an increase in demand for iron and coal, so as capesize fleets when there is strong economy. All of which
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Case2 Ocean Carrier Question 1 Daily spot hire rates seems to have a linear relationship with both charter rates and iron ore shipments. If iron ore shipments increase, so do the charter rates for the capsize dry bulk ships. Traditionally, when charter rates rise, spot hire rates will increase even higher than charter rates. A regression analysis, shown in table 1, was used to forecast future iron ore shipments. The estimated shipments for 2002
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，同相船約期與致大動波跌漲的船貨現知得們我，格價均平的船約期與船貨現期長察觀五表據根 。 價折的 均平業 產於低 收吸須 必輪貨 舊老， 格價的 金租日 響影會 也齡船 的輪運 貨，外 此 。面給供節調來船舊廢報是或船新製訂，求需場市據根會司公運航。況狀濟經球全於決取要主度 強求 需 此 因 ，料 物原 之 需 所業 產 礎 基 等 炭煤 及砂 礦 鐵 載裝 輪 貨 裝 散 的 於 由 ，說 來 船 約 期 對 析分場 市船貨 現 翔偵黃 傑 淞張 修振 黃 玲美徐 慧 淑吳 義正 林 85% : Case 2 Ocean Carriers 33 = 643 ( 63 噸 公萬百 2002 612 + (612 − 552) × 2000 440 552 2001E 436 612 5.14% 2002E 445 643 2001~2002 2.06% 5.14% ) 2.06% 於由 。 。 一題問 （降下 是應率 費金租日 船貨現 的年 期預們 我此因 ，求需 於大給 供 ） 了長 成只面 求需但 ， 了長 成面給 供的運 貨裝散 年 知得 們我，
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