Title: Ocean Carriers

Essay Details

Subject: Business
Author: Daniel L
Date: June 24, 2014
Level: University
Grade: A
Length: 2 / 460
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

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...

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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...

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