Qu, Xiaobo; Meng, Qiang - In: Transportation Research Part E: Logistics and … 48 (2012) 1, pp. 258-265
This paper proposes a decision tree model to estimate the loss to global economy on the hypothesis of an extreme scenario of blockade of the Straits of Malacca and Singapore. The insurance surcharges, inventory costs and the time values of cargoes, and Time Charter Equivalent rate are used to...