Ocean carier

Essay specific features

 

Issue:

Business

 

Written by:

Jill F

 

Date added:

December 18, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 394

 

Was viewed:

2602 times

 

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Essay content:

The daily hire rate is their source of income in the business, so if the rate failed to provide adequate funding to pay off the companies operating expenses, then company would fail. Finally we the length of the lease, which itself is a huge determination of the daily labor rate. If the leases were short term, such as one year, then daily labor rates, especially for those projects that required the firm to purchase/contract another vessel for distribution, would be significantly higher in order to provide a buffer in case demand was not high enough in the future to lease the vessel out again and make the investment worth the risk...
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If the leases were short term, such as one year, then daily labor rates, especially for those projects that required the firm to purchase/contract another vessel for distribution, would be significantly higher in order to provide a buffer in case demand was not high enough in the future to lease the vessel out again and make the investment worth the risk...
displayed next 300 characters

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