Aim: Investment decisions in shipping are notoriously difficult. The key reason is that freight rates are highly volatile and often unpredictable. The energy shipping sector is most challenging. The paper formulates an investment decision rationale in energy shipping and provides insights as to...

In this paper, information processing in spot and forward freight markets with respect to the Organization of the Petroleum Exporting Countries (OPEC) output announcements is investigated. We use the event study methodology to study returns in tanker freight spot and forward markets around OPEC...

Like options on stocks, options on commodities provide firms with protection against adverse price movements. Many firms procure commodity at an offshore location and transport it via ocean freight. Increased globalization and increased demand for ocean-based transportation has resulted in ocean...

The Productivity Commission's inquiry report into 'Tasmanian Freight Subsidy Arrangements' was tabled in Parliament in May 2007. The Commission was asked to report on arrangements for subsidising containerised and bulk shipping between the mainland and Tasmania and to recommend an appropriate...

The purpose of this article is to analize freight transportation rates in Brazil. The broad database available allows a detailed investigation by mode, type of cargo, distance and market segment. The results confirm the theoretical references revisited in terms of the spectrum of variation found...

Nowadays, supply chain operations frequently encounter disruptions due to carrier freight rejection. Motivated by real-world practice, this paper studies the operational value of digital freight platforms' information sharing with firms in supply chains, an effort aimed at enhancing operations...