Ocean Carriers

Case Solution

Erik Stafford, Angela Chao, Kathleen S. Luchs
Harvard Business School ()

In January 2001, Mary Linn, vice chairman of finance for Ocean Carriers, a transport corporation with places of work in New York and Hong Kong, turned into comparing a proposed rent of a deliver for a three-yr period, starting in early 2003. The purchaser turned into keen to finalize the agreement to fulfill his very own commitments and supplied very appealing terms. No deliver in Ocean Carrier’s modern fleet met the purchaser’s requirements. Mary Linn, therefore, needed to determine whether or not Ocean Carriers have to right now fee a brand new capsize provider that could be finished years as a result and can be leased to the purchaser.

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