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 …

The aim of this paper is to investigate, for the first time, the performance of trading strategies
based on the combination of technical trading rules and fundamental analysis in the sale …

This paper provides an econometric analysis of second-hand ship prices. It starts with a
presentation of previous attempts to model second-hand ship prices and their shortcomings …

A fuel levy is one of the market-based measures (MBMs) currently under consideration at the
International Maritime Organization. MBMs have been proposed to improve the energy …

The purpose of this paper is to investigate the dynamics of the freight rate in the oil
transportation markets using a general non-parametric Markov diffusion model. The …

The availability of shipping freight contracts with different duration offers shipowners,
operators, and charterers the choice to trade risk and return according to the characteristics …

The aim of this paper was to investigate the validity of the Efficient Market Hypothesis in
conjunction with Rational Expectations in the formation of dry bulk ship prices over the …

The time charter market for ships represents a classical example of the principal-agent
problem, where shipowners can opt to invest in energy efficient ships, yet any savings in fuel …

While the literature has established macroeconomic determinants of shipping freight
(charter) rates, there has been no systematic investigation of the microeconomic …

This paper presents a simple argument, based on logic and maritime economic theory
alone, for rejecting the applicability of the expectations theory in bulk shipping freight …