Mr. Bob is an owner of a third party shipping company. He has realised that there is a high demand for shipping and is considering the possibility of purchasing a boat.
If there such high demand may be we should look at buying a boat ourselves, instead of renting the boats form other companies.
Acting on his thought, Mr. Bob decides to discuss his thought with Ms, Knipps. Head of finance at his company.
Well Mr. Bob it does seem like a good investment, but maybe you should chat with our logistics manager before making a final decision. To answer your question tho, I believe that it would be a feasible investment.
I was thinking Ms, Knipps that with the increase in demand, whether we should look at purchasing a boat. Would our finances support such a decision?
Following up Ms. Knipps' suggestion, Mr. Bob arranges a meeting with the logistics manager, Mr. Garret.
Good Day Mr. Garret, Would it be possible for us to meet in the near future to discuss the purchasing of a boat? I was thinking that it would be a good idea seeing as the demand is increasing.
Mr. Garret has replied to Mr. Bob and they have arrange to meet.
So Mr. Bob what type of ship are you looking for?
Well it would depend on the type of cargo and your expectations for the ship.
Well I was thinking of a dry bulk vessel. What would you suggest?
The meeting continues...
OK, well the demand for bauxite transport in this region seems to be quite high. That would be the most frequently transported cargo, by us.
Right, so that would be what you would be looking at in the main to be transporting with the boat you purchase, Correct?
Mr. Bob and Mr. Garret finish up their meeting and Mr. Garret sends Mr. Bob the points they agreed upon.
Good Day Mr. Bob, As requested, here are the notes from our meeting yesterday. We decided that a dry bulk vessel would be the best option and that we would buy it second hand. I suggest that we have a meeting with advisors to ensure that we make the right decission.