Ship types

Investment Opportunity An Ultra Ship is a new type of cruise ship, significantly larger, and with greatly expanded amenities and attractions, versus a traditional ship. Only three Ultra Ships have been built thus far, and no further ones are on order. Newco Cruise will build two “Ultra Ships” for the North American and European cruise markets, capitalizing on an attractive green field opportunity created by a) recent strategic developments by legacy players, and b) the depressed condition of shipyard

transactions? What ship is the best reference transaction? (the closest comparable)? Comparable transaction is a conventional method of evaluating the value of something that is ready for sale. To value a ship, one had to identify a set of “comparable” ships where comparability was based on four main factors: ship type, size (DWT), age, and condition. The Bet Performer was a 11 year old ship, built in 1997, 172,000 DWT capsize bulk carrier. From the Exhibit 4, there are five ships which are the

SHIPS Since the end of the age of sail a ship has been any large buoyant watercraft. Ships are generally distinguished from boats based on size and cargo or passenger capacity. Ships are used on lakes, seas, and rivers for a variety of activities, such as the transport of people or goods, fishing, entertainment, public safety, and warfare. Historically, a "ship" was a vessel with sails rigged in a specific manner. Ships and boats have developed alongside humanity. In armed conflict and in daily life

look at what other factors may have influenced the decisions of each of the pilots during while the overtaking manoeuvre was being performed and also up to the point the two ships collided. The four models of human behaviour identified throughout the incident. The two people that shall be studied in the report are the two ships pilots from the Houston Pilots Association. The deputy pilot aboard the Chembulk Houston and the pilot whom was aboard the Monte Alegre. The first pilot to review will be

control of tonnage, reliance on third parties, market risks, and speculative activity. 3.4 Similar Tonnage Vessels that combined a pool are similar between them in terms of deadweight tonnage. The tonnage should be more or less similar so that cargo and ship switched and optimum fleet deployment could be effectively managed. 3.5 Weighing System / Fair System It is common for shipping pools to use pre-arranged weighting systems and algorithms. Earnings and distribution are predefined in the system. Overhead

Financing is a very important factor in business and is achieved by a well-created financial plan such as, budget, income and expenditure, credits and loans. Financial planning is a very essential tool of business which enables management of any organization and investors to assess results and set targets for growth. Planning my finance will require a financial feasibility study of the current survey to determine the total cost of undertaking such survey (taxation inclusive) compared with my financial

foreign cargo ships was the civil war that broke out in 1991. The Somali Civil War leads to an unstable government that lacked on authority, leadership and control to stop the rising attacks between local groups. From there, Somalia went on downhill; its population decreased over two thirds from 1991 to 2011 and by 2008, the United Nations estimated that nearly 3.2 million Somalis were dependent on food aid for survival. These pirates had nothing to live fro before attacking the ships. They started

economic boom, with a great number of shipowners ordering ships from the shipyards of China, Korea and Japan (the dominants of the newbuilding sector) and signing the relevant shipbuilding contracts, the economic crisis of 2008, affecting the world/global/worldwide market as well as the shipbuilding market, came to cause great pressure and anxiety to the Buyers in the above mentioned shipbuilding contracts, who felt now more than ever

an ambush style attack limiting mobility for the fleeing ships. In history pirate sailed, waters included greater parts of the Atlantic, Straits of Malacca and Gibraltar, Gulf of Aden, Caribbean, Red Sea, Indian Ocean, and Somalian coast just to name a few. The penalty for piracy was death normally by hanging. That could give a reason why they fought so hard because at any moment, it could be their last not to mention that a single ship could be carrying riches beyond the imagination. As Navies

Ship Improvements What were the events and improvements in ship design that lead to the discovery of the New World and enabled the subsequent expansion in global trade? In this paper I will examine the changes and improvements in European ship design that allowed for the first transatlantic voyage to the New World. Though the Europeans were not the first to develop the concept of the ship, they were the first to take this concept and use it to cross the Atlantic. Even before Columbus sailed