Temporal Links between the Freight and Ship Markets in both Dry Bulk and Tanker Sectors

This paper examines the temporal relations between the freight and ship (newbuilding and second-hand) markets in two related sectors - the dry bulk and tanker sectors. Evidences show that the relations among these markets are differed for these two shipping sectors. These results imply that the ways of information transmitting across these three markets are different. Thus, ship owners should pay special attention to their decision making in different shipping sectors. Moreover, the authors suggest that this difference is more likely caused by the role played by the newbuilding price or even the newbuilding market.

Language

  • English

Media Info

  • Media Type: Web
  • Features: Figures; References; Tables;
  • Pagination: pp 439-448
  • Monograph Title: Proceedings of the International Forum on Shipping, Ports and Airports (IFSPA) 2010 - Integrated Transportation Logistics: From Low Cost to High Responsibility, 15 - 18 October 2010, Chengdu, Sichuan, China

Subject/Index Terms

Filing Info

  • Accession Number: 01341217
  • Record Type: Publication
  • ISBN: 9789623677165
  • Files: TRIS
  • Created Date: May 27 2011 2:44PM