Research On The Investment Decision Of Vloc For Shipping Company

Before this century, the international demand for ore has been stable, so the development of ore carriers have been no major breakthrough, the numbers were very limited.In the new century, especially in recent years, as China's rapid economic development, demand for steel is increasing, imports of ores, especially iron oreon also are surging.Other Asian countries such as Korea, Japan's import demand for iron ore are also increasing, so the Asian market for a substantial increase in the demand for ore carriers.This has greatly stimulated the development of VLOC.This paper Analyzes the world iron ore distribution, production and trade.On this basis, this paper describes the composition and characteristics of the international bulk dry bulk trade, study the status of China's iron ore import market and forecasts the future of iron ore import situation; Secondly, this paper introduce and development of VLOC history evolution in the process of iron ore shipping capacity.Analyzes the situation VLOC transport market and the economy and restrictions VLOC transport from the aspect of VLOC ore demand and supply of shipping capacity;Then, introduce the dry bulk investment decision theory and methods, describes the ship and a variety of investment evaluation method which is based on discounted cash flow analysis;Finally, get the result of VLOC investment decisions, and make recommendations through the comparison of investment options VLOC and CAPESIZE.Then determine the VLOC investment program of the Z shipping company on the basis of summarizing the status and iron ore shipping capacity transport routes.Through the financial profitability analysis, breakeven analysis, sensitivity analysis and other technical and economic evaluation of investment programs demonstrate various angles.