Shipping alliances are regarded as a special group in antitrust immunity policies worldwide
because of their abilities to coordinate shipping resources. In particular, the international …

The freight rate is a representative variable in the shipping market and is characterized by a
cyclical relationship. Even though downturns in the shipping market, such as the shipping …

Purpose This paper's purpose is twofold. First, based on a case study, it aims to comprehend
the consequences of COVID-19 on the demand and supply shocks of the freight …

The BDI is a barometer of maritime trade, and the shipping trade network may graphically
reflect trade pattern evolution. Because commerce influences freight prices, it is worthwhile …

This article investigates whether time variation in the returns' co‐movement of oil and Baltic
Dirty Tanker Index can be linked to oil market uncertainty. We measure uncertainty using a …

Purpose Maritime transportation plays an important role in facilitating both the global and
regional merchandise trade, where accurate trend prediction is crucial in assisting decision …

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 recent Covid-19 pandemic has disrupted global supply chains and led to large
increases in shipping costs. This paper provides shipping cost mean and uncertainty …

This study investigates dynamic interactive patterns of the dry bulk shipping markets through
the lens of structural vector autoregression (VAR) models. There are two distinct hypotheses …

This paper investigates whether uncertainty and irreversibility affect new investments for
high‐value real assets. We examine ocean‐going vessels and show that heightened …