This paper revisits the hypothesis of a quality segmented charter market using dry bulk-Panamax time-charter rates from the shipping boom period of 2003-2007. Through generalized additive models (GAMs) the authors assess whether increasing awareness and regulation over time has brought about a...

The influx of shipping receipts from the world's leading fleet has been critical for the development of the modern Greek economy. Following the fateful September of 2008, the range and speed of the shift in direction of the freight rates, combined with the general economic and credit climate,...