MARKET ANALYSIS AND FORECASTING--A PRACTICAL APPROACH

In his introductory section, the author tells how recent research activities at the Institute of Shipping Economics and Logistics, Bremen, are related to worldwide seaborne traffic from both the supply and the demand side. What is being sought is the stepwise improvement of origin/destination matrices in worldwide shipping and the development of optimization models for the supply of capacities and the routing and scheduling system of vessels. He then gives a short review of forecasts made at the end of the 1970s, comparing them with actual developments. Following this, he describes a forecasting system being designed at the Institute as a tool for the prediction of market developments within individual trading areas over the medium term--two to three years. He concludes by enumerating the shortcomings of present forecasts for the shipping industry.

Media Info

  • Pagination: 20p.

Subject/Index Terms

Filing Info

  • Accession Number: 00659270
  • Record Type: Publication
  • Source Agency: Maritime Technical Information Facility
  • Files: TRIS
  • Created Date: Jul 21 1994 12:00AM