Should the vessel be sold on the second hand market, or should she be sold for demolition?
Should the vessel be sold on the second hand market, or should she be sold for demolition?
Order Description
The scenario
Liverpool Lin" rel="nofollow">ine a company who have been in" rel="nofollow">in existence for over 200 years. Liverpool Lin" rel="nofollow">ine has a diverse fleet of vessels in" rel="nofollow">in their portfolio. They operate gas and product
tankers of various sizes as The Liverpool Tanker Co. They also own four car carriers, all on long term charter and six 8,000 TEU contain" rel="nofollow">iner ships, again" rel="nofollow">in all chartered
to lin" rel="nofollow">iner companies.
The company owns a fourteen year old MR (Medium Range) 35,000 DWT product tanker, the “Prin" rel="nofollow">incess Elli”.
Your boss in" rel="nofollow">in Liverpool Lin" rel="nofollow">ine has asked to produce a report for her on what the company's strategy should be for the “Prin" rel="nofollow">incess Elli” given the current and projected
market conditions for MR product tankers.
your question is:
Should the vessel be sold on the second hand market, or should she be sold for demolition?