Assmann, Lisa; Andersson, Jonas; Eskeland, Gunnar S. - Institutt for foretaksøkonomi, Norges Handelshøyskole … - 2015
of high freight rates and low bunker prices. The rationale for the claim is that a ship should move slowly when high …. We find some support for the theory, however with elasticities, both for freight rates and bunker prices, of smaller … trips and that the speed on trips to Japan is almost completely insensitive to changes in freight rates and bunker prices …