Effectiveness of forward freight agreements in mitigating capesize ship-owners' business risk between 2009 and 2014
Shipowners have employed various risk management tools to reduce their exposure in the inherently risky freight market to ensure survival. Traditionally, they utilize physical hedging tools such as Time Charters (TC) to hedge their earnings. The advent of Forward Freight Agreements (FFA), a paper he...
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| Format: | Final Year Project (FYP) |
| Language: | English |
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2016
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| Online Access: | http://hdl.handle.net/10356/67134 |