Financing shipping related investment projects has always been a focal area of debate and
research within the international maritime industry since access to funding can determine …

In this paper, a novel mixed revenue-sharing option contract is introduced to coordinate a
retailer–manufacturer supply chain. A European call option mechanism and a revenue …

To improve the operational efficiency, blockchain technology has been gradually applied
into the container shipping industry. As an easier, faster, more efficient platform, blockchain …

Big promotions of online retailers in different shopping festivals often lead to an
overwhelming demand surge in parcel delivery. Besides using its own distribution capacity …

We analyse empirically the drivers of freight market volatility. We use several
macroeconomic and shipping-related factors that are known to affect the supply and …

Economic return and volatility spillovers of derivatives markets on a number of assets have
been extensively examined in the general economics literature. However, there are only a …

In this paper, we propose a new multivariate model for the dynamics of regional ocean
freight rates. We show that a cointegrated system of regional spot freight rates can be …

This article uses structural equation modeling to analyze the various relationships between
supply (fleet size), demand (in ton-miles), freight rates, and newbuilding and secondhand …

We examine the corporate cash holdings of listed shipping companies. Shipping firms hold
more cash than similar firms in other asset-heavy industries. Higher cash holdings in the …

We develop a coherent framework for the valuation of real assets and determination of the
optimal time to invest. To this end, we model the stochastic nature of income and develop …