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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 394 |
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1.) The factors that drive the daily hire rate are supply and demand, operating expenses, and the length of the lease. Basically, this rate was mainly affected by the total supply of its carriers and the demand the market has for them. The greater the need that the market had for them, the more ships the company kept on hand and the less they could charge their charterer as long as profits remained sufficient...
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1.) The factors that drive the daily hire rate are supply and demand, operating expenses, and the length of the lease. Basically, this rate was mainly affected by the total supply of its carriers and the demand the market has for them. The greater the need that the market had for them, the more ships the company kept on hand and the less they could charge their charterer as long as profits remained sufficient...
Essay fragment
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