An empirical analysis of freight rate and vessel price volatility transmission in global dry bulk shipping market

Global dry bulk shipping market is an important element of global economy and trade. Since newbuilding and secondhand vessels are often traded as assets and the freight rate is the key determinant of vessel price, it is important for shipping market participants to understand the market dynamics and...

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Bibliographic Details
Main Authors: Lei Dai, Hao Hu, Di Zhang
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2015-10-01
Series:Journal of Traffic and Transportation Engineering (English ed. Online)
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2095756415000719