Product details

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Compact case
Published by: International Institute for Management Development (IMD)
Originally published in: 2008
Version: 25.08.2008
Length: 1 pages
Data source: Field research

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.
Location:
Industry:
Size:
USD81 million in 2007 revenues
Other setting(s):
2007-2008

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

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