Effectiveness of forward freight agreements in mitigating VLCC shipowners' business risks between 2005 and 2014
This report investigates if the volatility of tanker spot rates are able to compensate shipowners for their cost obligations, justifying the need for a hedging tool. Subsequently, the accuracy of the paper hedging tool, Forward Freight Agreement (FFA), through its predictive mechanism is explored. T...
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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/10356/67140 |