University | Nanyang Technological University (NTU) |
Subject | BF2216: Trade INCOTERMS & Ship Chartering |
Your company is a Singapore private limited company established in the 1970s. The core business is in the liner service for forestry products from Sarawak, Malaysia to India Continent.
A trusted affiliate of yours in India approached you to explore whether it is feasible to embark on a joint venture to import hardwood logs from Georgetown, Guyana to Kandla, India.
Your principals had tasked you to evaluate this project. However, they are unwilling to inject any more capital or release any vessels for this trade.
Your affiliates have agreed to introduce their lines of credit but whether the banks are willing to provide finance is subject to the economic feasibility of your proposal.
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