Effectiveness of forward freight agreements in mitigating aframax tanker shipowners’ business risks between 2006 and 2015
The highly fluctuating spot rates in the tanker market inherently results in high volatilities in the earnings of ship-owners. It is therefore crucial to determine whether there is a need to hedge in the tanker market by assessing if the volatile earnings can sufficiently compensate the cost obligat...
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| Format: | Final Year Project (FYP) |
| Language: | English |
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2017
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| Online Access: | http://hdl.handle.net/10356/71059 |