Case Study On Ocean Shipping

infested waters. Their current injuries and wounds from the sinking of the ship only attracted

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 guarantee of work, an excellent benefit that offers to employees and the quality of training program at the Seafarers Harry Lundeberg School of Seamanship are the reasons why I want to be a Merchant Mariner. A Merchant Mariner career provide an established job and the outstanding of income to the seamen moreover, it also offers a great benefit to cover their family. With the prospect of jobs demand a merchant mariner has opportunities for growth in the marine jobs and it has high level demand to serve the maritime shipping industry, particularly in the private sector like a cruise ship and cargo industry that operate around the world. These private sector depend on the Merchant Mariners to perform preventative maintenance on equipment and delivery cargo on time. Base on the world consumer and the US economy depend on cargo ship and Cruise ships to support gross domestic product.

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.

The marketing strategy that Ricci has selected has many pros and cons. The cons are that it is highly targeted, easy to track, and highly informative. By being highly targeted, Ricci will be able to directly send advertisements to the specific target market based on the results from the feasibility study done by the consultant. Also, this will help Ricci find households that have already purchased related products in the past with the use of mailing lists. Since implementing a mail order marketing strategy is easy to track, Ricci will be able to easily calculate the return on investment. This strategy also provides the consumers with a great deal of information since mail ordering is highly informative. This type of strategy will allow for Ricci to send out an advertisement that consists of a picture of the product, detailed information about it, and a sales letter. They can also use the sales letter to offer special discounts and promotions as well.

◦ If the asset group is tested for recoverability while it is classified as held

Not only did Captain Smith ignore the ice warnings, he also decided to allow the boat to speed up faster than

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.

All vessels and ports are vulnerable to bombings or WMD attacks. Because of their locations and volume of business ports, cruise ship and ferry terminals are challenging to protect from security threats. They are usually in areas that consist of a lot of people, which makes them a target for terrorism. Additionally, often times these areas also have liquefied natural gas facilities which will make them more vulnerable and attract terrorists. The bombing of the Navy Destroyer, the USS Cole illustrates that any vessel can be attacked. Terrorists utilized a small boat to serve as an improvised explosive device as they navigated it into the ship while it was refueling.

That has been what I have been doing on the ship for the last year. It wasn’t always just me doing this; I am the last member of my crew on its way back to earth. My crew, my friends, my family, all gone and I don’t even know how it happened. Maybe it happened when they were on there way back from the surface or maybe something went wrong on the ship ether way, all that’s left of the explosion is a big hole in the shuttle bay and a lot of gamma radiation. In fact the gamma rays are the only thing keeping me from investigating the area.

There are millions of products transported across the ocean on a daily basis. However,occasionally, there is a wrinkle in the system and a few of them slip out into the water. Or in my case, hundreds of them. Me and the other ducks had been just

Each year there are numerous cargo spills in the ocean. In 1992 a powerful storm

Getting your cargo delivered safely is an essential function of your job. If your cargo is damaged or stolen, cargo insurance may help you cover the costs, instead of you being solely financially responsible for the loss.

We expect the daily hire rates to increase from 2001 to 2002, but then to decrease overall in the long term based on the assessment of the consulting firm. The consulting firm based their forecast on higher demand in iron ore shipments. They claim demand in iron ore shipments has historically shown a strong correlation with charter rates, and we believe this makes sense. Vessel size, distance of route, and demand for ore/coal are drivers of daily rates.

Ports play a decisive role in furthering the economic goals of a country. In the context of the U.S. marine, transportation system is the cherished asset of the country. The system has provided the U.S maritime transport a leading position in the international market. Although, the maritime transportation has been stable traditionally, manifold increase in international trade has imposed potential challenges of maritime transportation capacity. Another constraint on the transportation system is arising from the environmental regulations now imposed by the U.S government through Environmental Protection Agency (EPA). Therefore, the industry is set to face two main issues in coming years, first filling the gap between demand and supply of port transportation and secondly to provide enough capacity for managing future growth of transportation through ports. The leading factors that needs to be addressed for meeting demand and increasing capacity are