Merikas, Andreas G; Merikas, Anna A; Polemis, Dionysis; … - In: Maritime Economics and Logistics 16 (2014) 1, pp. 92-110
This article focuses on the issue of market concentration in the VLCC tanker sector and its significance for freight rates during 1993(1)–2010(12). It explores the nature of changes in freight rate volatility along business cycles and finds that freight rate volatility generally increases...