The paper unveils the market structure of container shipping, which suffers by many interpretations. Existing models regress between contestability, duopoly, monopolistic competition and game theory. This paper proposes an oligopoly model with two groups of companies: oligopolists and...

General economists, as well as Maritime economists, <italic>assume</italic> that the time series they forecast follow normal distribution, and data is independently and identically distributed around the mean. This paper contests this assumption with the aid of three sets of time series: (1) The Dry Cargo...