What do you think of the company’s policy of not operating ships over 15 years old? Based on your analysis, should the firm scrap the new ship at 15 years of age or continue operating it till age 25?
Case Study: “Ocean Carriers” Read my detailed instructions below before attempting the case assignment. Your analysis must address the following specific questions: 1. What factors drive average daily hire rates? Do you expect daily spot hire rates to increase or decrease in the next 2 to 3 years? 2. Based on the projections provided in […]