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Title: Ocean Carriers

Essay Details

Subject: Business
Author: Jerry J
Date: March 23, 2014
Level: University
Grade: B
Length: 2 / 363
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

So we would not expect a large reduction in supply due to the scrapping of old vessels. • Exhibit 3 shows the current order for the next 4 yrs. • There will be a large supply in 01’,02’,03 therefore we will see an increase in capesize vessels in the future. In summary, 1. Exsisting capesize vessels are relatiley new, thus we do not expect a large reduction in capesize vessls due to the scrapping of old vessels...

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So we would not expect a large reduction in supply due to the scrapping of old vessels. • Exhibit 3 shows the current order for the next 4 yrs. • There will be a large supply in 01’,02’,03 therefore we will see an increase in capesize vessels in the future. In summary, 1. Exsisting capesize vessels are relatiley new, thus we do not expect a large reduction in capesize vessls due to the scrapping of old vessels...

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