Understanding the determination mechanism and dynamics of shipping freight rates has
significant implications for practitioners, economists, and regulators of maritime transport …

This article quantifies the relationship between the world macroeconomic environment and
the demand for seaborne transport, using annual data on the quantity of crude oil, petroleum …

Using time-series data from January 2006 to February 2021, this study analyzed the effect of
macroeconomic shocks on the shipping and shipbuilding industries. The Granger causality …

This study examines the effect of macroeconomic shocks on the shipping market using time-
series data by comparing the periods of the COVID-19 and traditional crises. A structural …

The plastic injection moulding industry has been growing and expanding rapidly. Cost
evaluation is important to business operations and numerous aspects influence part pricing …

Purpose The purpose of this paper is to examine the diversification effect of the Korean Ship
Investment Fund (KSF) under Markowitz portfolio theory by analyzing short-term and long …

In the literature on modeling commodity futures prices, we find that the stochastic behavior of
the spot price is a response to between one and four factors, including both short-and long …

In this paper, we study the risk management implications of different assumptions about the
stationarity of freight rates. Specifically, we compare freight rate volatility estimations derived …

Freight prices are heterogeneous, and not all the routes have the same liquidity of spot or
futures prices; therefore, sometimes there are problems related to one, or more, route …

This thesis is composed of three studies focusing on shipping market economics. The first
study collects 179 papers from 38 academic journals related to shipping market economics …