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This chapter explore why it is so important to study transportation costs in the context of Asia. Which has a higher incidence on trade in Asia-tariffs or freight costs? Since international transport costs, to a great extent, depend on ocean freight rates, the next step is to understand the...
Persistent link: https://www.econbiz.de/10009002126
What would happen if firms could collusively choose cost of transport (inconvenience) in Hotelling's spatial model? This paper endogenises inconvenience in a three stage game, where firms choose locations, the inconvenience, and finally compete in price, on the assumption of a common reservation...
Persistent link: https://www.econbiz.de/10005783768
The purpose of this work is to approach the evolution of the freight rates for the oil ships of big sizes, that is of those with 200,000 dwt. In this field we intend to analyse the seasonality of the freight rates for the transport of the oil from Persian Gulf to other four destinations, that...
Persistent link: https://www.econbiz.de/10010602612
Persistent link: https://www.econbiz.de/10009150515
The International Maritime Exchange (IMAREX) is the leading regulated marketplace for trading and clearing shipping freight derivatives. We investigate for the first time whether the IMAREX freight futures market is efficient over the daily and weekly horizons. To this end, we address the...
Persistent link: https://www.econbiz.de/10010573798
The tanker shipping market has been treated as the key extension of the world oil market and inevitably, its uncertainty is correlated to volatility of the oil market, besides supply and demand factors. Therefore, for improving operational management and budget planning decisions, it is...
Persistent link: https://www.econbiz.de/10010931055
Persistent link: https://www.econbiz.de/10005706827
Transports sustain directly the economic relationship between countries and evolve according to connection between supply and demand. They bring a continuous and direct effort to valorification of our planet resources, contributing to redistribution of incomes and to world economic and social...
Persistent link: https://www.econbiz.de/10005151172
The strong expansion of freight road transports throughout Europe is an important source of congestion and pollution, as well as a cause of many accidents. To be solved this problem will require the conjunction of many different remedies. One element of solution would be the promotion and the...
Persistent link: https://www.econbiz.de/10005350426
A key recent theme in maritime freight transport is the involvement of shipping lines in terminal management. Such investments are costly but allow liners to provide better service. Most of these new terminals are dedicated terminals but some are non-exclusive and let rivals access them for a...
Persistent link: https://www.econbiz.de/10009002082