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Abandoning Ship At Scandia, Inc.: Part A, Barry Armandi, Adva Dinur, Herbert Sherman
Abandoning Ship At Scandia, Inc.: Part A, Barry Armandi, Adva Dinur, Herbert Sherman
New England Journal of Entrepreneurship
Scandia, Inc., is a commercial vessel management company located in the New York Metropolitan area and is part of a family of firms including Scandia Technical; International Tankers, Ltd.; Global Tankers, Ltd.; Sun Maritime S.A.;Adger Tankers AS; Leeward Tankers, Inc.; Manhattan Tankers, Ltd.; and Liu’s Tankers, S.A. The company’s current market niche is the commercial management of chemical tankers serving the transatlantic market with a focus on the east and gulf coast of the United States and Northern Europe. This three-part case describes the commercial shipping industry as well as several mishaps that the company and its President, Chris Haas, …