Dubai Shipper Gulf Navigation Focusing on Building Fleet, CEO Says

Dubai Shipper Gulf Navigation Focusing on Building Fleet, CEO Says

Assessment

Interactive Video

Business, Architecture, Biology

University

Hard

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The video discusses the company's completion of its dealings with China, highlighting the financial and legal challenges faced. It explores the positive economic indicators in the shipping industry, particularly in Asia, and the company's expansion plans, including acquiring new vessels. The speaker emphasizes the goal of expanding the fleet to 20 vessels by 2020 and addresses concerns about trade tensions between China and the US, noting minimal impact on their operations.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main challenge faced by the company with their Chinese partners?

High operational costs

Technological issues

Legal and other financial burdens

Lack of demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the speaker describe the general direction of the regional economies?

Moving in the right direction

Unpredictable

Stagnant

Declining

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's plan regarding the offshore market?

To focus solely on onshore operations

To enter and expand in the offshore market

To maintain the current status

To exit the market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's target for the number of vessels by 2020?

10 vessels

15 vessels

25 vessels

20 vessels

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's strategy for growth in the current business environment?

Focus solely on mergers and acquisitions

Build cash reserves and avoid expansion

Balance between fleet expansion and cash reserves

Reduce fleet size to cut costs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected outcome of the company's new vessel acquisition?

Entry into the offshore market

Increased operational costs

Reduction in fleet size

Focus on onshore operations

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's stance on the impact of trade tensions between China and the US?

They are beneficial for the company

They have some impact but are manageable

They have a significant negative impact

They have no impact at all