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...

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...

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...

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...

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...

European Union has noted that freight transport volumes grow at about the same pace as the economy. Nevertheless, this trend is mainly due to road transport sector, which is the highest pollutant emitter. In fact, average CO2 emissions in grams per t-km of road transport are fourfold bigger than...

Freight transport in urban areas has become an important social issue due to the increasing level of traffic congestion, negative environmental impact, road traffic safety, fuel consumption. In the last decade, local administrators, as well as national governments, tried to implement a number of...

Two are the fundamental drivers that will shape future transport and infrastructural policies: environmental and financial resource scarcity and the urgency to deal with climate change at least in its pragmatic dimension to comply with emissions reduction targets. The paper proposes a different...

The Marco Polo programme of the European Commission aims to shift or avoid freight transport off the roads to other more environmentally friendly transport modes. The programme is implemented through yearly calls for proposals. The proposals received to each call are selected for financial...