Freight Rate Volatility and Vessels Size in Tankers’ Sector

Efthymia Nefeli Skantzouri and Evangelos Sambracos or Samprakos ()

MPRA Paper from University Library of Munich, Germany

Abstract: This current dissertation deals with freight rate volatility in tankers’ sector. This sector, like other sectors in shipping industry consists of four markets. Three of them refer to vessels and one refers to freight rates. Consequently, based on shipping industry circumstances and on general circumstances in the economy, freight rates level is characterized by some volatility which varies according to vessels size and whether freight is traded on spot market or on time-charter market. This paper investigates the tanker sector and whether the volatility of freight differentiated between markets and between different ship sizes. Moreover, seasonality is studied together with the effect of the global economic crisis in the volatility of freight rates.

Keywords: Shipping; Freight Rates; Prices Volatility; Crisis effect; seasonality (search for similar items in EconPapers)
JEL-codes: L91 R4 R41 (search for similar items in EconPapers)
Date: 2018, Revised 2019-11-25
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:97896

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