Isbn: 9781332267903 - a theoretical model for single voyage freight rates in the short run (classic reprint) (3 risultati)

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New. Print on Demand. This book explores the level and structure of spot freight rates within the tanker industry in the short term. Through a mathematical model, the author examines the relationship between the operating costs of the marginal ship and the market size of the various vessels, as well as the proportion of the tanker fleet operating in the spot market and the proportion laid up for more than two months. This analysis is validated using empirical data from September 1971 to December 1976. The resulting insights provide a measure of the economies of scale for tankers of different sizes, revealing the proportion of these economies that is enjoyed by the shipowner under various market conditions. The author's findings shed light on the complexities of the tanker freight market, emphasizing the dynamic interplay between supply and demand, vessel size, and market dynamics in determining freight rates. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…