Ocean Carriers
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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

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. 2. a large numver of new ships will be delivered in the next 3 years. 3. we expect a substantial increase in the supply of capesize vessles in the next 3 years. Future prospect of the market...

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