Business Plan Proposal - Acquisition of 12 Containerships

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.

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.

If the company is incorporated in the U.S., the NPV will be $-7,836,500.07(US25) after 25 years and will be $-6,395,945.22(US30) after 30 years. Therefore, the U.S. company should not purchase the vessel. If the company is established in Hong Kong, the NPV will be $1,522,472.92(25HK) after 25 years and will be $3,402,293.81(30HK) after 30 years. Therefore the 30 years should be the optimal number of years to operate the carrier before scrapping it after 30 years. In this situation, if the 15-year-selling policy is changed, the company should buy the carrier. For years 26-30, we assume that average daily charter rate is increased by $200 per year. The expected daily hire rate is calculated by multiplying Avg. Daily Charter Rate by adjustment factor for hire rate of 65%.

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 ;

This project is ranked second as the possibility of investing in the speedboat with no guarantee of success can lead to massive losses. The possibility of the raceboat being a failure can result in bad publicity for Merbatty.

The ease of completing most electronic contracts will increase commerce exponentially. These Electronic contracts help businesses by increasing efficiency and reduce the actual paper involved in the paperwork. This cost reduction can be passed on to the costumer. The use of the SmartPay program, therefore, is essential in helping small businesses in attracting contracts from GSA.

Maritime industry it plays a very important role in international freight. It provides a cheap and high carrying capacity conveyance for consumers. Maritime is clearly concerned with the transportation of goods and/or passengers between two or more seaports by sea; , Its disadvantage is that it needs longer transport time and its schedule is affected by the weather factors. To save costs and enhance competitiveness, current maritime logistics firms tend to use large scaled ships and cooperative operation techniques. And also that the current maritime customers care about service quality more than the delivery price. so, it is important

If your family loves the beach, you may have traveled to Isle of Palms, South Carolina. Isle of Palms is seven miles long, two miles wide, and has a nickname of “long Island.” Isle of Palms has a population of 4,609 full-time residents, but on Saturdays and Sundays the island population can swell up to 15,000 people.

We are Australia based international shipping company providing a wide range of services such as: Shipping containers (20ft,40ft,40ft high cube), shipping boxes,crates or pallets, relocating overseas, shipping vehicles & house hold goods shipping from Australia (Sydney Melbourne, Brisbane, Adelaide & Fremantle) to Asia, Africa, West Africa, Europe, Middle East, South America, Pacific Islands & USA or anywhere in the world. We handle personal effects and commercial cargo both. Our high range of shipping volumes makes us to offer unbeatable price in the market and our verities of international shipping options makes our customers to afford. Our well documentations, experienced team, and high level

Placed along the coast, this waterfront community is the site of the Sandy Point state Reservation and the Willowdale State Forest. Because of the community's location, it is a popular site for real estate investments and home developments. While the city is primarily residential, it has a strong tourism industry. Investors can start a business that caters to tourists like a hotel, restaurant or shop. During annual celebrations like the Ipswich Chowderfest, these kinds of investments earn a respectable profit from the many tourists who flood the town.

This approach will leverage multiple types of contracts, “right-sized” to best complete each type of ship availability, reflecting the specifics of the volume of work for each ship class and the industrial base in each port.

The Company is prepared to compete in the market as a freight broker with an earned understanding of a freight broker’s requirements to become a valued transport service company. The initial staff will ensure the proper cost management process is in place, taking advantage of the lower overhead for the company’s operations as a vital

Containerships are a very popular mean of cargo transport at sea. In this project the main features and design characteristics of containerships will be analyzed such as the size categories of containerships, the different types of cargoes that they are transporting , the characteristics of container gears and the speed that a container can develop. Also the major companies that own containerships and their structure will be described.

5. From the firm’s point of view, the policy of not operating ships over 15 years old is designed to protect against uncertainty and to pursue a higher premium over the market by having more relatively young vessels rather than old ships. However, based on our calculation of the NPV of the project, under the assumption that the company will continue to operate the ships until the 25 years of service, the results

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