Distrigas Corporation - 1207 Words

Q1. As per the provided information the Gas Utility companies pays a base commodity charge of $.3359 plus a peak usage demand of charge that is $4.63 per Mcf multiplied by the total demand during the maximum take day in the last 12 months which is 240 in this case. The cost per MCF can be derived by the below formula (Commodity Base Charge * Total Demand) + (Peak Usage Demand Charge* High Peak in 1 day* months in year) This will translate into ($ 0.3359*30,700,000 Mcf)+ ($ 4.63*240*12) = $ 23,646,530 By substituting the appropriate values in the formula we arrive at a cost of $ 23,646,530. This cost is then divided by the total demand over 12 months of 30.7 Bcf or 30,700,000 Mcf to arrive at an average cost per Mcf of $ 0.7702 which†¦show more content†¦However, the proposal A for Distrigas would cost only $29,376,000, or savings of $252,140. The annual cost of Distrigas policy is $21,172,397.19. Distrigas strategy should be to maximize on its competitive rate and endeavor itself as a cost leader, promising speed delivery, reliability and meeting the right quantity when needed the most, all at most cost efficient rate possible. To be cost efficient it needs to operate economically such as storing the right amount of gas needed. It has to improve on its storage and deliver the gas in the best cost efficient using the right mode of transportation possible. The biggest threat could be when consumers like Boston Gas decide to build their own storage facilities and therefore start sourcing directly from the pipeline-gas providers, to be stored for usage during peak season. Q4. Proposal A: Slow Build up Strategy – In this proposal infrastructure will be built and machinery and trucks purchased to allow Distrigas to slowly build up inventories at the customer location. This strategy includes building a satellite tank which will serve as a reserve for the gas that is brought in by Alozean. It takes 250 days to build up inventories to satisfy peak demand. This model requires 6 trucks to carry the gas over the 250 day period. Field tanks will need to be built at the customer location in order to hold the gas that will service the peak demand and this will cost $Show MoreRelatedMultimodal Transport4849 Words   |  20 PagesL.P., †¢ ANR Pipeline Company — formerly Michican Wisconsin, †¢ Gas Transmission Northwest Corporation — formerly Pacific Gas Transmission, †¢ United Gas Pipeline Company, †¢ Maritimes Northeast Pipeline, †¢ National Fuel Gas Supply Corporation, †¢ Texas Gas Pipe Line Corporation, †¢ Viking Gas Transmission Company. LNG Importation/Export Terminals †¢ Distrigas Of Massachusetts LLC †¢ Dominion Cove Point LNG, †¢ Gulf Gateway Deepwater Port, †¢ TrunklineRead MoreFinancial performance of Exxon Mobil Corporation, Royal Dutch /Shell Group and BP Global6011 Words   |  25 PagesAbstract This project analyses financial performance and position by evaluating respective profit, loss and consolidation balance sheet of three worldwide oil companies Exxon Mobil Corporation, Royal Dutch /Shell Group and BP Global. The authors use three years (2002-2004) consolidated financing data of these companies as backup in the models to perform a comparative exercise and access the relative performance of financial accounting events. Vertical and horizontal analysis were used to evaluate

Analysis Of Langston Hughes s A Raisin Of The Sun

In Lorraine Hansberry’s novel, A Raisin in the Sun, it shows heavy correlation to a poem by Langston Hughes titled Harlem. They were both written in times where racial segregation was still prominent. During this era of discrimination, it was extremely hard for blacks to pursue any of their dreams or aspirations. Both Hansberry and Hughes relate to one another because of their race, and being writers during the Harlem Renaissance. In Raisin in the Sun, Hansberry uses many of the themes included in Hughes poem. The Younger family’s dreams dry up, explode, fester like a sore, and sag low like a heavy weight. Langston Hughes’ dreams dried up as did many of the members of the Younger family in â€Å"A Raisin in the Sun.† It was especially hard for young African American women to accomplish their goals in such a discriminatory society. â€Å"Well – I do – all right? – thank everybody! And forgive me for ever wanting to be anything at all! (Pursuing him on her knees across the floor) FORGIVE ME, FORGIVE ME, FORGIVE ME† (Hansberry 1.1.123). Beneatha finds it extremely difficult to even mention her hopes to become a doctor around Walter, but she built up the courage to speak for herself. Even though she really wants to meet her goal to go to medical school, that dream is likely to dry up eventually. Beneatha isn’t the only family member whose dreams dry up. Walter planned to start a liquor store and to quit his boring job as a limo driver, but things took an unfortunate turn for the worse.Show MoreRelatedAnalysis of Harlem by Langston Hughes602 Words   |  3 PagesAnalysis of Harlem by Langston Hughes Through the turbulent decades of the 1920s through the 1960s many of the black Americans went through difficult hardships and found comfort only in dreaming. Those especially who lived in the ghettos of Harlem would dream about a better place for them, their families, and their futures. Langston Hughes discusses dreams and what they could do in one of his poems, Harlem. Hughes poem begins: What happens to a dream deferred... Hughes is askingRead MoreAnalysis Of The Poem Harlem 1303 Words   |  6 PagesJames Mercer Langston Hughes was an American poet; a Joplin, Missouri native and an active, versatile writer, earning acclaim as a poet, novelist, playwright and columnist. He was one of the first poets to explore an innovative sing-songy, stylized delivery called jazz poetry. As an African-American, his point of view, collectively synergized with this then-new literary art, catapulted his writings between the 1930s - 1960s. He is often credited as the leader of the Harlem Renaissance, and â€Å"famouslyRead MoreEssay about Analysis of Dream Deferred by Langston Hughes615 Words   |  3 PagesAnalysis of Dream Deferred by Langston Hughes Dreams are the driving force of America today. Every person has some sort of dreams and or goals. Although in life everyone has dreams and goals, there are obviously more struggles for some ethnic groups than for others. The poem, Dream Deferred, by Langston Hughes, is one mans expression of his dreams during a difficult time period. As a black man in a time period where African-Americans were considered an inferior group of peopleRead MoreAnalysis Of A Raisin In The Sun1185 Words   |  5 Pagesepigraph to A Raisin in the Sun is Langston Hughes poem called A Dream Deferred which was written as an example of life in harlem. The lines are a introduction to the white societys actions to take away equal opportunity from black citizens. Hughes main point is that there could be consequences when peoples frustrations build up or accumulate to the point where they have to either surrender their dreams or allow strenuous circumstances to literally devour their aspirations. With Hughes poem asRead MoreAnalysis Of The Poem Dream By Langston Hughes1909 Words   |  8 PagesThe poem Dream by Langston Hughes is about following your dreams, because we never know what our near future can become if we do not attempt to accomplish our visions in life. One way to define the word dreams is to refer to them as a reflection o f our possibilities that we desire to think about and aspire to achieve. To add on, not only can dreams get us through hard times, but they are a reminder to ourselves to keep going, plus they provide you with a purpose in life. Hughes states, Hold fastRead More Analysis of A Raisin in the Sun Essay1267 Words   |  6 PagesA Raisin in the Sun Analysis Upon walking out of Krannerts production of A Raisin in the Sun, an eerie silence drizzled about the audience as people murmured and slowly shuffled towards the exits. After witnessing such a powerful yet melancholy piece of theater work, words seemed inappropriate. For three hours, A Raisin in the Sun encompassed us with racial, economic, and social issues of the 1950s. Swirling portions of humor, disgrace, pride, and sadness into a smooth blend, the play developedRead MoreLangston Hughes: A Poet Supreme Essay1879 Words   |  8 PagesLangston Hughes: A Poet Supreme Black poetry is poetry that (1) is grounded in the black experience; (2) utilizes black music as a structural or emulative model; and (3) consciously transforms the prevailing standards of poetry through and inconoclastic and innovative use of language. No poet better carries the mantle of model and innovator the Langston Hughes, the prolific Duke Ellington of black poetry. Hughess output alone is staggering. During his lifetime, he published over eight

Embarrassing Moment Free Essays

In society today students in general become lazier and procrastinate more than they have in the past. This laziness could cause the student to fail a course, and perhaps not graduate. However, if the appropriate time and effort is made toward anything and in particular studying, success has become a realistic goal. We will write a custom essay sample on Embarrassing Moment or any similar topic only for you Order Now In my case, it all occurred on Tuesday, June 9th, 2009, it was suppose to be one of the happiest days of my life, but in fact, it turned out to be the sourest experiences I had to go through. Going back through the memories, I began the day as usual, waking up in the morning, having breakfast, and getting ready to go to school with all my friends to collect the results of the baccalaureate. I remember hearing the door bell, my friend Simon has just arrived to pick me up and give me a ride to school. I remember how excited we all were, singing, chanting, and exchanging ideas on how we were going to spend our summer vacation, not knowing what was going to happen next. When arriving to school there was a gathering in front of the principal’s office, the school administrative team was getting ready to post the results on the board in alphabetical order at noon. I could feel the vibe; everyone around me was happy, anxious, and exited for the event. Thirty minutes later, the principal walked right by us holding a stack of papers in his hand. At the moment the only thing that could catch my full attention was to see my grades. Trying to push my way through the front of the crowd, I recall seeing the facial expression my friend Karim had. He had passed and was jumping and celebrating in the middle of the crowd. Still not knowing my results, I already had gone through different emotions in a very short time. I was happy, exited and feeling a little bit dizzy; not until one of my school mates gave me a pitiful look, in which you know deep inside that something is wrong, I tried to convince myself that it is all in my head and that it wasn’t true. Finally, there I was standing in front of the list going through the names; I see my name and a â€Å"Failed† next to it. Refusing to believe the outcome, I blinked my eyes and read it again to make sure that It was me not somebody else. A big moment of silence followed, I couldn’t hear anything else except my heart beating at an unusual rapid pace. I became extremely nervous, I started sweating, my legs started shaking and I felt dizzier than before. I felt upset, unmotivated, shameful, sad, angry, and jealous. All what I could think about is how did I fail? And most importantly, how I am going to convey the news to my parents? What explanations and excuses l have to come up with? Is it typical teenager behavior? There could have been many things to blame for my failure, such as feeling of helplessness, lack of personal responsibility, inadequacy of my parents, TV, and video games and especially the influence of bad friends. I have the tendency of not letting go of things, which is why I simply accepted the facts and commenced immediately at drafting an action plan so that it never occurs again. As Professor Robert Sutton stated ((Stanford University)), â€Å"when failure happens, the most important thing is to have an after event review to provoke sufficiently deep thinking — whether you talk about successes or failures is less important† Learning from Success and Failure, Monday June 4, 2007. Although, I couldn’t help noticing people’s expression when telling them that I failed, I battled very hard, I always felt ashamed. I entered the house and requested a serious talk with my parents about the results. They got mad. I couldn’t stand watching the disappointment on my mother’s eyes as they watered. Although, they made sure to punish me for the entire summer; I made sure to appeal my case and expressed that I absolutely took note what I made them go through. It didn’t take me long to realize that I had all what I needed to succeed in my life; and wonderful supportive parents. That helps me in every step of my successful life. It is true, everything is a learning experience; regardless if it is good or bad. There is always something to be learned. But all learning’s are not equal. I have found that if someone is going to spend his or her time pondering the past, focus on the wins not the losses. In conclusion, I am confident that lessons learned from doing well; arms you with a better chance at continuing toward your path of success. How to cite Embarrassing Moment, Essay examples

New Bike Sharing System Gets Rolling

Question: Discuss about the New Bike Sharing System Gets Rolling. Answer: Introduction The report contains the information of bicycle rental industry in Singapore with the help of giant players dealing in the same industry. Basically, it can be broadly classified as an important industry that rent bicycle for short span on time for a charge or fee. Some of the players of the same industry in Singapore may include Ofo, oBike, Mobike and many more. The report is divided into three sections in which the first section includes the overview of the industry. The second section involves its analysis with the help of some macro factors which is followed by the attractiveness of this industry in Singapore. Overview of the Bicycle Rental Industry It is estimated that the bicycle industry is becoming more competitive and attaining a large share of revenues and is predicted to grow in the upcoming years. Cycling is considered to be the most recreational activities in many countries and there has been rapid increase in the number of cyclists over the last couple of decades (Ibsen and Bump, 2015). In context to bicycle rental industry in Singapore, it has been revealed that bicycle was not used for the mode for mode of transport in 90s as very less number of people used it to roam around the region. But, there has been an increase in the use of bicycle between the year 2000 and 2005. Singapore is not a very big player of bicycle manufacturing site but now, the rental bicycle industry has gained a huge popularity (Vasagar, 2017). It has been revealed in a recent survey that Singapore is gradually moving towards a more bicycle friendly city and is likely to build more than 700 km of cycling paths and park connection in the upcoming years. Though, the current situation of the country reveals that cycling is not allowed on footpaths and riders have to travel on the road in the absence of bicycle lanes. But the recent development of bicycle rental industry might resolve this issue by the development of bicycle lanes to ensure secured rides (Russo, 2015). Current Players in Singapore Ofo: Ofo is basically a significant provider of a bike sharing platform which is highly defined to give an efficient ride to its customers in the fast paced city. It has its 1000 bikes in Singapore and they are bright yellow in color. To use the service, one must have the mobile application to unlock the bicycle which is available in both iOS and Google play store (Soo, 2017). The customers are only required to enter a verification number sent to their mobile through SMS in order to use the service. Ofo are single speed bicycles as there are no gear shifters to meddle about with. These bicycles have front as well as rear brakes with all the important safe accessories built in it. It costs $ 0.50 per trip and one must need to end the trip on the app to have a glance of trip details with its charges (GDS, 2017). oBike: The bicycles of oBike are white in color with an attractive basket in front and one can unlock the bicycle by scanning QR code which is found on the bike itself. Before using the service, one must need to enter the credit card details and put down a small deposit through its mobile application (Second Wind, 2015). The charge of oBike usage is $ 1 per half hour. One of the biggest features of the bikes of oBike is that an individual can easily use the app to look at the map with the main aim to locate the closest oBike bike. Initially, the company launched its services in the western and northern parts of Singapore but now, it has extended its services in other parts as well. Ofo and oBike both are Chinese companies and the eventual fleet size of both players is projected to reveal that of the LTA's, which is directed to come up with about 2,330 bicycles in Jurong Lake District, Marina Bay, Tampines and Pasir Ris (Ting, 2017). Mobike: The Chinese firm Mobile announced the official launch of its bike share service in Singapore in the year 2016. The company is working happily with many educational institutes in Singapore and did partnering with National University of Singapore, Singapore Management University, and Republic Polytechnic. Basically, Mobile uses a dock less bike sharing system in which riders make use of mobile application in order to unlock its bicycles. The firm has not revealed the number of bikes it has in Singapore (Lim, 2016). Macro Influences on the Bicycle Rental Industry It is important to understand the macro factors to analyze the bicycle rental industry as a whole. These factors may include environmental regulations and protection, significant legislations, government policies, economic growth, lifestyle trends, maturity of technology and many more. It has been analyzed that bicycle rental is attaining a huge popularity in most of the countries across the world and the evolution of mobile applications have make it more popular among the users (Technavio, 2016). This is because they can easily track a bike as per their suitable and current location. The government of different countries is investing in such products to make a pollution free region and the changing lifestyle of people have made it easier to adapt to this approach (Persistence Market Research, 2016). PESTLE Analysis of Bicycle Rental Industry In order to examine the analysis of macro factors on this industry, the pestle analysis has been given below: Political factors: The growth of bicycle rental industry is foreseen in Singapore and the government of country is also making sure to construct more cycling paths to link neighborhood, schools and market since the year 2010. This has allowed major cyclists to commute safely and choose a better rental service among the various players in the same arena (Cheong, 2017). Economical factors: The public transport fares have risen due to which this has become an economical option and many bicycle rental companies introduce various economic benefits to attract customers. For instance, Ofo started a free bicycle ride for those who are using the service for the first time to gain a huge traffic with an ease. Also, it is evident that the price of bicycles and their fares are not at all impacted by inflation from rising fuel prices in Australia (Sutton, 2016). Social factors: It has been observed that the government of Singapore promotes healthier lifestyles due to which citizens are becoming more health conscious. As a result, they are making sure to incorporate exercise in their daily chores and cycling is one such exercise that helps to feel better and healthier. This mode of transport helps people to burn calories with an ease by choosing rental bicycle services with an ease (Transport for London, 2010). Technological factors: Technology plays a vital role when it comes to bicycle rental industry in Singapore as mobile applications have made it easier for users to use the service and track the location without any kind of difficulty (Oortwijn, 2016). One can easily pay through these mobile applications instead of paying by any other mode and the major benefit is that the maps in their mobile apps help them to look at the map to check the nearby bicycle available (Abdullah, 2017). Environmental Factors: It is apparently true that bicycle do not pollute environment at all like other automobile vehicles do as it does not use any kind of fuel in it. This aspect makes sure that this industry is extremely safe for the environment (Abdullah, 2017). Legal Factors: Cycling has undoubtedly gained a huge popularity in Singapore but footpath cycling was still illegal in the country due to safety concerns. Many individual stated that footpath cycling is safer and the result has launched as the trial of legalizing footpath cycling to test the same (Citrino, 2016). Henceforth, it can be stated that Singapore is gaining popularity in terms of bicycle rental industry due to its various fruitful benefits due to several technological advancements. A customer needs to register EZ- link card to recognize the contact information and the main objective of this industry is to provide people excellent control over their everyday travelling. Also, the macro factors reveal that this medium has become economic due to hike in public transport fares (Zagster, 2015). In nutshell, it is a great approach to get healthier and add rigorous exercise in their daily routine with an ease. Attractiveness of Bicycle Rental Industry Bicycle rental industry is attractive up to a greater extent as it has become one of the most environmental friendly businesses that attract tourists, local people and everyday travelers to ride without any difficulty. The main objective of this industry is to protect the environment and enhance the well being of customers at economical prices. The rides are available at much affordable prices with no waiting time and one can have easy control over speed which reduces the fear of fatal accidents. Also, the attractiveness increases as this industry is not at all affected by jams which save the time as individuals do not get stuck in traffic (Citrino, 2016). The report properly covers the present scenario and growth prospects of bicycle rental industry as large number of bike sharing programs are offered by Singapore. Currently, there are more than 500 bike sharing schemes across the world with a market volume of more than 1.3 billion Euros. The global market for the offers of bike sharing is expected to grow up to 5.3 billion Euros by the end of the year 2020. It is foreseen that Singapore is included in the growth of bicycle rental industry due to altered customer behavior as they are changing their traditional paradigm of travelling in which people travel around their local area (Ting, 2017). It is apparent that more and more individuals are opting for bike sharing offers as it gives them a fast and economical way to reach from door to door. Basically, there are 6 key factors that determine the attractiveness of this industry and they are high density network, multimodal integration, simple handling, attractive pricing, high quality bicycles and support of local authorities. In this regard, high density network says that there should be high concentration of pick up and return points of bicycle availability that are easily accessible (Second Wind, 2015). This is a positive aspect in Singapore as people can search the nearby bicycle easily through maps on mobile applications. Multimodal integration is still to come in Singapore while simple handling is present in the rented bicycles of the region. In fact, many firms provide basket in front for easy carriage and handling where as attractive pricing is like a feather in the bicycle rental industry of Singapore. This is because some firms are not taking charge of first ride while some has low registration cost which makes this industry highly economical for people (Ting, 2017). High quality bicycle is another key aspect to ensure the attractiveness of this industry as modern bikes ensure a comfortable ride and keep maintenance costs down. This can be found in the bicycle rental industry of Singapore as the bikes are super comfortable in all the aspects. The last aspect is the support of local authorities and the construction of cycling lanes in Singapore states that the government supports this industry (Technavio, 2016). Therefore, bicycle rental industry is highly attractive in Singapore as well as in various other parts of the world too. Porters Five Forces Analysis In order to understand the attractiveness of bicycle rental industry, the porter five force analysis has been given below: Rivalry among Existing Firms: The rivalry among the competitors is medium but it has now been increasing due to the arrival of new rental bicycle firms in Singapore. Some of the giant players of this industry may include Ofo, Mobile, oBike and many more that are competing among each other to get the maximum market share without any kind of major difficulty (Vasagar, 2017). Bargaining Power of Customers: The bargaining power of customers is quite high due to the availability of numerous numbers of substitutes like buses, taxis and other public transports. It is assumed by large number of individuals that other modes of transport are faster than a bicycle and it is good to prefer them to avoid any kind of delay. Also, other modes of transport are easily available and make individual reach faster as compared to bicycle as described in this section (Thampuran, 2016). Bargaining Power of Suppliers: The bargaining power of suppliers of bicycle rental industry is low as large number of substitute and bicycle rail suppliers are available in the market. If suppliers would start negotiating then, they are aware of the fact that the firm might switch to another supplier due to its ample availability (Cheong, 2017). Threat of New Entrants: There is low threat of new entrants due to the presence of many restraints and also, it requires large amount of capital. Apart from this, there are already various giants in the same industry and it would be really difficult for a new venture to compete with them (Good Year, 2015). Threat of Substitute Products: The threat of substitute products is high due to presence of various players in the market as customer is likely to switch if they get better services at much affordable prices (Low, 2017). From the above analysis, it is clear that bicycle rental industry has a huge scope in Singapore but companies are required to be more competitive to provide the fruitful services to its clients. This is because there are high chances that customer may switch if they get better services from any other firm. Conclusion From the above discussion, it can be concluded that bicycle rental industry is gaining huge popularity since last couple of decades. This is because people have started using this to make their everyday travelling easier as well as economical. Basically, these firms provide access to their vehicles for a short period of time by renting their bikes at a nominal cost. The proper discussion of the industry of Singapore is done in this report to analyze the macro factors that are ensuring as well as impacting its growth. In nutshell, it is clear that bicycle rental industry has become really attractive due to several kinds of benefits that it serves as described in the above mentioned section. References Abdullah, Z 2017, Mobike enters Singapore's bike-sharing market, Strait Times, viewed 23 March 2017, https://www.straitstimes.com/singapore/transport/mobike-enters-singapores-bike-sharing-market. Cheong, D 2017, New bike-sharing system gets rolling, Strait Times, viewed 23 March 2017, https://www.straitstimes.com/singapore/new-bike-sharing-system-gets-rollin. Citrinot, L 2016, Bicycle-sharing System for Singapore in 2017?, Asean Travel, viewed 23 March 2017, https://asean.travel/2016/11/07/bicycle-sharing-system-for-singapore-in-2017/. GDS. 2017 China-based ofo joins in the bike-share battle against oBike, viewed 23 March 2017, https://www.greatdeals.com.sg/2017/02/17/ofo-obike-bike-sharing-battle-singapore. Good Year, S 2015, The Bike-Share Boom, JP Morgan Chase Co., viewed 23 March 2017, https://www.citylab.com/city-makers-connections/bike-share/. Ibsen, M Bump, T 2015, The Economic Impact of the Bicycle Industry in Portland, viewed 23 March 2017, https://www.portlandoregon.gov/bps/article/555482. Lim, A. 2016, Chinese bicycle-sharing startup MoBike eyes expansion into Singapore, viewed 23 March 2017, https://www.straitstimes.com/singapore/chinese-bicycle-sharing-startup-mobike-eyes-expansion-into-singapore. Low, C. 2017, Can Singapore handle the heat from Chinese bike-sharing startups?, viewed 23 March 2017, https://www.allchinatech.com/can-singapore-handle-the-heat-from-chinese-bike-sharing-startups/. Oortwijn, J 2016, Global Bike Market to Grow by 38% up to 2024, Bike Europe, viewed 23 March 2017, https://www.bike-eu.com/sales-trends/nieuws/2016/12/global-bike-market-to-grow-by-38-up-to-2024-10128381. Persistence Market Research 2016, Global Market Study on Bicycles: Hybrid Product Type Segment Estimated to Hold Around 40% Market Share by 2024 End, viewed 23 March 2017, https://www.persistencemarketresearch.com/market-research/bicycle-market.as. Russo, C 2015, Roland Berger study: Global market for bike sharing is growing at 20 percent per year, viewed 23 March 2017, https://www.rolandberger.com/en/press/Roland-Berger-study-Global-market-for-bike-sharing-is-growing-at-20-percent-per.html. Second Wind 2015, Crowdfunding Singapores New Bike Sharing System Zaibike, viewed 23 March 2017, https://secondwindmagazine.com/crowdfunding-singapores-new-bike-sharing-system-zaibike. Soo, Z 2017, Chinas Mobike takes on Ofo in Singapore as bike-sharing competition heats up, viewed 23 March 2017, https://www.scmp.com/tech/china-tech/article/2080837/chinas-mobike-takes-ofo-singapore-bike-sharing-competition-. Sutton, M 2016, 33 key cities where cycling is growing its modal share, viewed 23 March 2017, https://cyclingindustry.news/five-key-cities-where-cycling-is-taking-modal-share-from-cars/. Technavio 2016, Cycle Renting and Sharing Programs at Low Costs Will Drive the Global Sports Bicycle Market Until 2020, Says Technavio, Business Wire, viewed 23 March 2017, viewed 23 March 2017, https://www.businesswire.com/news/home/20160226005050/en/Cycle-Renting-Sharing-Programs-Costs-Drive-Global. Thampuran, AS 2016, Is Singapore ready for bicycle-sharing system? The Newspaper, viewed 23 March 2017, https://www.tnp.sg/news/singapore/singapore-ready-bicycle-sharing-system Ting, YH 2017, In Pics: Bike-sharing quietly starts rolling in Singapore viewed 23 March 2017, https://e27.co/pics-singapores-first-bike-sharing-platform-obike-20170203/. Transport for London 2010 Analysis of Cycling Potential Policy Analysis Research Report, viewed 23 March 2017, https://content.tfl.gov.uk/analysis-of-cycling-potential.pd. Vasagar, J 2017, Chinas bike-sharing battle spreads to Singapore. Financial Times, viewed 23 March 2017, https://www.ft.com/content/1172085c-0df9-11e7-b030-768954394623. Zagster, 2015, Global Bike Sharing Market to be $6.3 Billion (with a B) Market by 2020, viewed 23 March 2017, https://www.zagster.com/blog/global-bike-sharing-market-6-3-billion-b-market-2020.