Ocean manufacturing case essay information about the entity and its management5) consider the need for individuals possessing special skills or knowledge to complete the audit (eg, it auditor, valuations specialist, industry specialist)2. Ocean carriers case study overview ocean carriers, inc is a shipping company with offices in hong kong and new york in january 2001, mary linn, vice president of finance must make a decision on a proposed contract in which ocean carriers would lease one ship to a client for three years and the customer would begin utilizing the ship in 2003. Essay on ocean carriers case analysis 781 words jan 24th, 2011 4 pages show more 1 we expect the daily hire rates to increase from 2001 to 2002, but then to decrease overall in the long term based on the assessment of the consulting firm the consulting firm based their forecast on higher demand in iron ore shipments essay ocean.
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.
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Ocean carriers case study essay ocean carriers case study submitted by fozia abid maryam noor nadia farooq umar farooq hamza tariq muhammad mohsin lahore school of economics ocean carriers report the fragmented shipping industry is one of the most essential industries for continuous globalization and growth industry prospects are. 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. Ocean carriers case analysis background problem question #1 answer #1 question #2 answer #2 question #3 do you expect daily spot hire rates to increase or decrease next year (in 2001. 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.
Ocean carriers, inc is an international shipping company with offices in hong kong and new york in january 2001, mary linn, vice president of finance for ocean carriers, had to decide whether to accept an offered leasing contract for the duration of three years however, the company does not.
Ocean carriers decided to deliver new ships or scrap old ships mainly based on the demand supply was also affected by the increases in size and efficiency the newer ships offered moreover, ages of ships affected the company’s scrap decisions and older ships receiver lower daily hire rates. 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.