Alex Oliveira

Ocean Carriers

October 23, 2008




Ocean Carriers: New Vessel Case

This case involves a shipping company that is in a situation where, to maintain an existing client, they must decide on whether to order a new, larger, stronger vessel for its current fleet or run the chance of losing this business opportunity. What makes this a very difficult decision to make are the various unknown factor surrounding the case, and ultimately if it is going to be profitable for Ocean Carriers (OC). Since the “charterer” is repeat customer, I assume Ocean Carrier will make everything they can to make this happen. But before we can make an educated decision we need to look at the various factors surrounding this case.
The “Charterer” has offered to sign a three year contract with OC to start in 2003, where they would pay them a rate of $20,000 per day with annual escalation of $200 per year thereafter. This amount multiplied by 366 days in a year will give......

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Title: Ocean Carriers
Approximate Word Count: 1008
Approximate Pages: 5 (250 words per double-spaced page)

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