Ocean Carriers
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Title: Ocean Carriers

Essay Details:

Subject: Business
Author: Daniel L
Date: June 24, 2014
Level: University
Grade: A
Length: 2 / 460

Essay text:

Eight days out of each year of the contract will be allotted for repairs and maintenance- these days will not be charged to the customer. The new ship will be depreciated on a straight-line basis over 25 years. The average prevailing daily spot market rate is $22,000 per day. Ocean Carriers uses a 9% discount rate. Analysis: When looking at the forecasting done by Linn's analysts and the current expectation of growth in the iron and ore markets, the long-term prospects for the capsize dry bulk industry seem promising. The increased exports of iron and ore will cause the demand for capsizes to increase, and may allow Shipping companies to increase their rates...

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