The geographical foundations of tanker (dirty) shipping

Risto Laulajainen

Maritime Policy & Management, 2007, vol. 34, issue 6, 553-576

Abstract: A simulation model of individual ship movements demonstrates that distance-weighted regional imbalances of tonnage supply and demand are powerful estimators of tanker rates that are converted to approximate time charter equivalents. Statistical fit is acceptable to good when cargo cycles (ballast--load--cargo--discharge) are the units of observation, either individually or aggregated by region. Up to 30--40% higher average time charter equivalent is possible in an outstanding year, such as in 2004, when consistent use is made of this feature.

Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/03088830701695289 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:marpmg:v:34:y:2007:i:6:p:553-576

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/TMPM20

DOI: 10.1080/03088830701695289

Access Statistics for this article

Maritime Policy & Management is currently edited by Dr Kevin Li and Heather Leggate McLaughlin

More articles in Maritime Policy & Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().