Ocean Carriers

In January 2001, Mary Linn, was vice president of finance for Ocean Carriers, a shipping company based in New York and Hong Kong, evaluating a proposed lease of a ship for a period of three years, starting in spring 2003. The client was eager to complete the job to meet its own obligations and offered very attractive terms. No ship in Ocean Carrier current fleet meets the requirements of the customer. Mary Linn, therefore, had to decide whether lines should immediately commission … Read more »

In January 2001, Mary Linn, was vice president of finance for Ocean Carriers, a shipping company based in New York and Hong Kong, evaluating a proposed lease of a ship for a period of three years, starting in spring 2003. The client was eager to complete the job to meet its own obligations and offered very attractive terms. No ship in Ocean Carrier current fleet meets the requirements of the customer. Mary Linn, therefore, had to decide whether lines should immediately capsize Commission a new carrier, which would be completed in two years and could be rented to the customer.
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from
Erik Stafford,
Angela Chao,
Kathleen S. Luchs
Source: HBS Premier Case Collection
6 pages.
Publication Date: Sep 13, 2001. Prod #: 202027-PDF-ENG
Shipping companies HBR case solution