Is dry bulk shipping still worth investing in?

Fraught with various risks and perils, the volatile dry bulk industry faces a deepening crisis of tepid demand and a surplus of vessels for hire where investors are often susceptible to market exposure and rational behaviour. However, as shipping is often cyclical, it remains to be seen whether the...

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Bibliographic Details
Main Author: Goh, Cheryl Joy Ying Li
Other Authors: Vernlick Chua
Format: Final Year Project (FYP)
Language:English
Published: 2017
Subjects:
Online Access:http://hdl.handle.net/10356/71366
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author Goh, Cheryl Joy Ying Li
author2 Vernlick Chua
author_facet Vernlick Chua
Goh, Cheryl Joy Ying Li
author_sort Goh, Cheryl Joy Ying Li
collection NTU
description Fraught with various risks and perils, the volatile dry bulk industry faces a deepening crisis of tepid demand and a surplus of vessels for hire where investors are often susceptible to market exposure and rational behaviour. However, as shipping is often cyclical, it remains to be seen whether the dry bulk industry is still worth investing in during this current depressed market. While past literatures have attempted to understand the trajectory of the dry bulk industry through various methods such as forecasting models, they only consider the quantitative approach through historical data available in the market. In this paper, forecasts shall be attempted in both quantitative and qualitative measures to predict the trajectory of the dry bulk industry in various segments, including the world fleet size and seaborne demand trade. Quantitatively, historical data were collated and put through a time-series based forecasting method to project the future of the dry bulk industry. Qualitatively, the opinions garnered from experienced shipping professionals through interviews were likewise collated to put together a qualitative forecast of the dry bulk industry. The combined results of the forecast could prove valuable for dry bulk investors in crafting appropriate investment strategies in this current depressed market.
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spelling ntu-10356/713662023-03-03T17:22:39Z Is dry bulk shipping still worth investing in? Goh, Cheryl Joy Ying Li Vernlick Chua School of Civil and Environmental Engineering DRNTU::Engineering::Maritime studies Fraught with various risks and perils, the volatile dry bulk industry faces a deepening crisis of tepid demand and a surplus of vessels for hire where investors are often susceptible to market exposure and rational behaviour. However, as shipping is often cyclical, it remains to be seen whether the dry bulk industry is still worth investing in during this current depressed market. While past literatures have attempted to understand the trajectory of the dry bulk industry through various methods such as forecasting models, they only consider the quantitative approach through historical data available in the market. In this paper, forecasts shall be attempted in both quantitative and qualitative measures to predict the trajectory of the dry bulk industry in various segments, including the world fleet size and seaborne demand trade. Quantitatively, historical data were collated and put through a time-series based forecasting method to project the future of the dry bulk industry. Qualitatively, the opinions garnered from experienced shipping professionals through interviews were likewise collated to put together a qualitative forecast of the dry bulk industry. The combined results of the forecast could prove valuable for dry bulk investors in crafting appropriate investment strategies in this current depressed market. Bachelor of Science (Maritime Studies) 2017-05-16T06:37:19Z 2017-05-16T06:37:19Z 2017 Final Year Project (FYP) http://hdl.handle.net/10356/71366 en Nanyang Technological University 91 p. application/pdf
spellingShingle DRNTU::Engineering::Maritime studies
Goh, Cheryl Joy Ying Li
Is dry bulk shipping still worth investing in?
title Is dry bulk shipping still worth investing in?
title_full Is dry bulk shipping still worth investing in?
title_fullStr Is dry bulk shipping still worth investing in?
title_full_unstemmed Is dry bulk shipping still worth investing in?
title_short Is dry bulk shipping still worth investing in?
title_sort is dry bulk shipping still worth investing in
topic DRNTU::Engineering::Maritime studies
url http://hdl.handle.net/10356/71366
work_keys_str_mv AT gohcheryljoyyingli isdrybulkshippingstillworthinvestingin