Case: Euphoria Maritime Company
G. R. Lindfors, ed., Euphoria Maritime Company, Intercollegiate Bibliography: Selected Cases in Business Administration, Vols. XI-XIII, p. 80. Intercollegiate Case Clearing House, Boston, MA, 1970
Posted: 27 May 2015 Last revised: 11 Aug 2015
Date Written: May 24, 2015
Abstract
This case abstract and others in this collection of actual business, finance, and bank decision situations bridge the gap between an understanding of the theories, concepts, tools, and techniques of financial management and an ability to use such knowledge to solve problems and/or make decisions related to the financial management of the business firm.
Euphoria Maritime Company: Bank loan officer faces a term-loan request from a shipping company for the purpose of acquiring a shipping charter to carry oil. The ship to be used under the charter was built with a mortgage loan from the Maritime Administration to the firm's wholly-owned subsidiary.
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