Alizadeh, Amir H.; Ådland, Roar Os; Koekebakker, Steen - In: Journal of Forecasting 26 (2007) 6, pp. 385-403
This paper examines the efficiency and predictive power of implied forward shipping charter rates. In particular, we examine whether implied forward 6-month time-charter rates, which are derived through the difference between time-charters with different maturities based on the term structure...