Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 25.08.2008
Share a link:
https://casecent.re/p/82855
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
This is the second of a two-case series (IMD-3-1935 to IMD-3-1935). Double Hull Tankers, Inc commenced operations in October 2005 with a singular focus on the transportation of crude oil, DHTs strategy was to take advantage of the stable cash flow associated with chartering vessels on long-term contracts. CEO Ole Jacob Diesen needed to assess how best to grow earnings and provide funds for future debt amortisation while maintaining a dividend at a time of high market volatility.
About
Abstract
This is the second of a two-case series (IMD-3-1935 to IMD-3-1935). Double Hull Tankers, Inc commenced operations in October 2005 with a singular focus on the transportation of crude oil, DHTs strategy was to take advantage of the stable cash flow associated with chartering vessels on long-term contracts. CEO Ole Jacob Diesen needed to assess how best to grow earnings and provide funds for future debt amortisation while maintaining a dividend at a time of high market volatility.
Settings
Location:
Industry:
Size:
USD81 million in 2007 revenues
Other setting(s):
2007-2008