Case Study Of Cyprus Shipping Company In Cypyrus

The purpose of this paper is to analyze the economic situation of the company Macedonian Shipping and give a recommendation whether the company should use the motor vessel Tashtego as a freight tender beween Dar-es-Salaam and Zanzibar in East Africa or as a tapioca ship between Balik Papan and Singapore in the East Indies.

The purpose of this paper is to analyze the economic situation of the company Macedonian Shipping and give a recommendation whether the company should use the motor vessel Tashtego as a freight tender beween Dar-es-Salaam and Zanzibar in East Africa or as a tapioca ship between Balik Papan and Singapore in the East Indies.

This step involves short and long term debt equity analysis. The proportion of equity capital depends on the possessing and additional funds will be raised. The choice of the source of funds the company has are the issue of shares and debentures, loans to be taken from banks and financial institutions and public deposits to be drawn in form of bonds. The choice will depend on relative merits and demerits of each source and period of financing. The management of the investment funds is key in allocating that the funds are going in the correct place. The profits that are made can be down in two ways dividend declaration which includes identifying the rate of dividends and retained profits in which the volume has to be decided which will depend upon expansion and diversification of the company. The management of cash is another important function. Cash is needed for all different aspects of the company such as payment of salaries, overhead and bills. All of these are important in a company and how successful the financial aspect is going to be.The financial management practices include capital structure decision, investment appraisal techniques, dividend policy, working capital management and financial performance assessment. A company needs to have well financial in order to be successful. “A company that sells well but has poor financial management can fail.” (Johnston)

Since scenario 1 has a negative NPV, we recommend Ocean Carriers to not invest if there is a 35% tax rate in the US. In scenario 2, where the ship is built in HK with a 0% tax rate, then we recommend that Ocean Carrier invest in the ship. This analysis shows that working the ship at a 35% tax rate will not yield a profit on the investment even 25 years into the future, given the increasing costs of survey preparation and the diminishing number of days that the ship is actually able to make money and be commissioned.

Cunard is facing a problem as to whether their marketing efforts should go towards tactical promotions or if they should be applied to marketing the overall brand while facing the effects of a recession.

There are numerous legal procedures to be followed when attempting to set up a new business in any foreign country. It should firstly be decided if the business will be run offshore or by a domestic entity. Considerations should be made in terms of beneficial outcomes from a contractual, taxation, operational and employment

Malta is an independent island nation located south of Italy in the Mediterranean Sea, a member of the European Union, and utilizes the Euro as its national currency. Malta’s strengths as a tax-haven for corporate entities rely in the low rates of corporate taxation and a

(NSY) had been providing parts and services to the Mega-Yacht Industry since receiving their initial seed capital in 2000. The Mega-Yacht industry provided an attractive opportunity for NSY. Although the industry was small by comparison, serving only 10,000 vessels, it generated in excess of $1 billion in economic activity annually, divvied amongst the new build, and maintenance, refit and repair business sectors (Mark & Mitchell, 2003, p. 48). The industry’s supporting cast included captains and crews, owners, management companies, procurement agents, yacht builders and repair entities, brokers, and local husbanding agents. Although unknown to the firm at its inception, consultants in 2002 forecasted the mega-yacht industry would see annual growth of 6%, with the potential for even better numbers in the short-term (Mark & Mitchell, 2003, p. 48).

Shippers Ltd. had the following inventory situations to consider at January 31, its year end:

The choice of legal status for setting up a new company can be complex and is dependant on various tax, commercial and legal considerations (Accountingweb, 2014).

Port planning, a process which is part and parcel of port development process can be done at a national or individual level (Demos, 2003,p.7). Port development on the other hand is a process that involves the creation of a totally new port or the expansion of an already existing one with the primary aim of increasing its capacity. In this paper, we provide a detailed port planning and business case analysis report for the establishment of a container terminal at LABIDCO DOC NUMBER 3, the former Alutrint dock. We are to assume a Greenfield site, with all approvals are in place and the terminal and adjacent land area being free of all encumbrances (See Figure 1 in the Appendix section). From a port planning and economic analysis perspective, we aim at achieving the following objectives ;

The purpose of the report is to understand the capital structure of the chosen company on the basis of the financial statements of the company which includes the income statement, balance sheet and the cash flow statement of the company and do the capital analysis of the company as well to find out the advantages and disadvantages in working capital of the company and suggest company logical and useful ways for growing their economy.

Every firm would love to invest in shipping industry due to large profits involved. However this would seem easy but practically it is lot more difficult and virtually impossible to establish in container line business. The problem pertains to large capital investments in form of vessel and container procurements and risk of operating vessels. Even if we take the examples of biggest companies

Many operators do not have insurance for their boats: liability or boat loss. This is due to the difficulty in getting insurance for wooden boats. Two operators do however have their boats insured. One is among the largest boats which has passed the inspections of the Grenada Port Authority. The premium is US $5000.00 each year. In addition he is required to pay XCD$275.00 in tax each year on his operation. These costs along with the other operation, maintenance and repair costs are proving to be burdensome given the low recent tourist arrivals in Carriacou.

The authorized capital of the company is Rs. 100,000 (Rupees one lacs only) divided into 10,000 (ten thousand) ordinary shares of Rs.10/- (Rupees Ten only) each.