We investigate for the first time the spot rate dynamics for Very Large Gas Carriers (VLGCs) by means of multrifractal detrended fluctuation analysis (MF-DFA) and rescaled range (R/S) analysis. Both methods allow for a rigorous statistical analysis of the freight process by detecting...

In this paper we present a classical shipping model of the LPG, the ammonia and the petrochemical freight market that has recently been developed for use in industry practice. The aim is on the one hand to fill the gap of modeling the gas markets which to date have basically been ignored in the...