Ocean Carriers
Essay specific features
Written by:
Ernest V
Date added:
February 3, 2015
Level:
Grade:
A
No of pages / words:
2 / 460
Was viewed:
3356 times
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Essay content:
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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