Chen, Shun; Meersman, Hilde; Voorde, Eddy van de - In: Maritime Economics and Logistics 14 (2012) 4, pp. 498-537
The dry bulk shipping market is a major component of the international shipping market and it is characterized by high risk and volatility, in view of the uncertainty caused by factors such as the global economy, the volume and pattern of seaborne trade, and government policies. In such markets,...