Modelling and Forecasting in Dry Bulk Shipping

Modelling and Forecasting in Dry Bulk Shipping
Author: Shun Chen
Publisher: CRC Press
Total Pages: 439
Release: 2014-04-24
Genre: Law
ISBN: 1317701623

This book models price behaviour and forecasts prices in the dry bulk shipping market, a major component of the world shipping industry. Recent uncertainties in the world economy, shipbuilding developments and fleet changes mean the dry bulk shipping market has become extremely volatile, highly speculative and more sensitive to external shocks. In response to these challenging circumstances, this book models price behaviour and forecasts prices in various markets including the freight market, the new build ship market and the second-hand ship market. The authors have carried out an extensive investigation of dry bulk shipping over a 60-year period in diverse sub-markets, trading routes, market conditions and dry bulk vessels. The authors also propose a framework for analysing and modelling the economic processes of numerous variables in the dry bulk shipping market, making use of modern econometric techniques and other economic approaches. This will be especially useful for the control and assessment of risk for ship owners and charterers in ship operation, ship chartering and ship trading activities. This book will be extremely useful for shipbuilders, owners and charterers, as well as shipping analysts and policymakers. It will also be of great interest to academics and researchers concerned with the economics of the shipping industry.

Modelling and Forecasting in Dry Bulk Shipping

Modelling and Forecasting in Dry Bulk Shipping
Author: Shun Chen
Publisher: CRC Press
Total Pages: 437
Release: 2014-04-24
Genre: Law
ISBN: 1317701615

This book models price behaviour and forecasts prices in the dry bulk shipping market, a major component of the world shipping industry. Recent uncertainties in the world economy, shipbuilding developments and fleet changes mean the dry bulk shipping market has become extremely volatile, highly speculative and more sensitive to external shocks. In response to these challenging circumstances, this book models price behaviour and forecasts prices in various markets including the freight market, the new build ship market and the second-hand ship market. The authors have carried out an extensive investigation of dry bulk shipping over a 60-year period in diverse sub-markets, trading routes, market conditions and dry bulk vessels. The authors also propose a framework for analysing and modelling the economic processes of numerous variables in the dry bulk shipping market, making use of modern econometric techniques and other economic approaches. This will be especially useful for the control and assessment of risk for ship owners and charterers in ship operation, ship chartering and ship trading activities. This book will be extremely useful for shipbuilders, owners and charterers, as well as shipping analysts and policymakers. It will also be of great interest to academics and researchers concerned with the economics of the shipping industry.

Econometric Modelling of World Shipping

Econometric Modelling of World Shipping
Author: M. Beenstock
Publisher: Springer Science & Business Media
Total Pages: 274
Release: 1993-09-30
Genre: Business & Economics
ISBN: 9780412367205

Econometric Modelling of World Shipping describes an economic model that may be used to forecast world shipping markets. A unique feature of the model is that it relates to both sectors of world shipping, the dry cargo sector and the tanker sector. This is the first time that a model of this type has been published. This book also breaks new ground in explaining the behaviour of vessel prices, both new and secondhand.

Advances in Business and Management Forecasting

Advances in Business and Management Forecasting
Author: Kenneth D. Lawrence
Publisher: Emerald Group Publishing
Total Pages: 223
Release: 2017-11-09
Genre: Business & Economics
ISBN: 1787430693

Volume 12 presents studies in the application of forecasting methodologies to such areas as supply chain, health care, prospecting for donations from university alumni, and the use of clustering and regression in forecasting. The orientation of this volume is for business applications for both the researcher and the practitioner of forecasting.

Modern Advances in Applied Intelligence

Modern Advances in Applied Intelligence
Author: Moonis Ali
Publisher: Springer
Total Pages: 543
Release: 2014-05-20
Genre: Computers
ISBN: 3319074679

The two volume set LNAI 8481 and 8482 constitutes the refereed conference proceedings of the 27th International Conference on Industrial, Engineering and Other Applications of Applied Intelligent Systems, IEA/AIE 2014, held in Kaohsiung, Taiwan, in June 2014. The total of 106 papers selected for the proceedings were carefully reviewed and selected from various submissions. The papers deal with a wide range of topics from applications of applied intelligent systems to solve real-life problems in all areas including engineering, science, industry, automation and robotics, business and finance, medicine and biomedicine, bioinformatics, cyberspace and human-machine interaction.

Maritime Economics

Maritime Economics
Author: Alan Branch
Publisher: Routledge
Total Pages: 597
Release: 2013-04-15
Genre: Business & Economics
ISBN: 1134742673

Now in its second edition Maritime Economics provides a valuable introduction to the organisation and workings of the global shipping industry. The author outlines the economic theory as well as many of the operational practicalities involved. Extensively revised for the new edition, the book has many clear illustrations and tables. Topics covered include: * an overview of international trade * Maritime Law * economic organisation and principles * financing ships and shipping companies * market research and forecasting.

Istanbul as a Global Financial Center

Istanbul as a Global Financial Center
Author: Melike Bildirci
Publisher: Cambridge Scholars Publishing
Total Pages: 495
Release: 2017-08-21
Genre: Business & Economics
ISBN: 1527500667

This book brings together analyses of a wide range of economic and financial subjects, including any issue related to these broader concepts, such as development, banking crises, energy, and Islamic finance, among others. It offers a clear discussion of the current period of economic transition and the future prospects of developing countries in terms of financial and economic perspectives. It will serve to raise awareness of the important opportunities and risks inherent in the global financial system, and makes a valuable contribution to wider economic debates by identifying the priorities and policy prescriptions that will help countries to realise their potential. The book will particularly appeal to academicians and students, as well as, researchers and professionals in the fields of economics, finance, and business. It may also serve as a secondary textbook for courses about Eurasian countries in economics and finance departments of higher learning institutions.

Forecasting the Nominal Brent Oil Price with VARs—One Model Fits All?

Forecasting the Nominal Brent Oil Price with VARs—One Model Fits All?
Author: Benjamin Beckers
Publisher: International Monetary Fund
Total Pages: 32
Release: 2015-11-25
Genre: Business & Economics
ISBN: 1513523899

We carry out an ex post assessment of popular models used to forecast oil prices and propose a host of alternative VAR models based on traditional global macroeconomic and oil market aggregates. While the exact specification of VAR models for nominal oil price prediction is still open to debate, the bias and underprediction in futures and random walk forecasts are larger across all horizons in relation to a large set of VAR specifications. The VAR forecasts generally have the smallest average forecast errors and the highest accuracy, with most specifications outperforming futures and random walk forecasts for horizons up to two years. This calls for caution in reliance on futures or the random walk for forecasting, particularly for near term predictions. Despite the overall strength of VAR models, we highlight some performance instability, with small alterations in specifications, subsamples or lag lengths providing widely different forecasts at times. Combining futures, random walk and VAR models for forecasting have merit for medium term horizons.

Advanced Information Networking and Applications

Advanced Information Networking and Applications
Author: Leonard Barolli
Publisher: Springer Nature
Total Pages: 1535
Release: 2020-03-27
Genre: Technology & Engineering
ISBN: 3030440419

This proceedings book covers the theory, design and applications of computer networks, distributed computing and information systems. Today’s networks are evolving rapidly, and there are several developing areas and applications. These include heterogeneous networking supported by recent technological advances in power wireless communications, along with silicon integration of various functionalities such as sensing, communications, intelligence and actuations, which is emerging as a critically important disruptive computer class based on a new platform, networking structure and interface that enables novel, low-cost and high-volume applications. However, implemeting these applications has sometimes been difficult due to interconnection problems. As such, different networks need to collaborate, and wired and next-generation wireless systems need to be integrated in order to develop high-performance computing solutions to address the problems arising from these networks’ complexities. This ebook presents the latest research findings, as well as theoretical and practical perspectives on the innovative methods and development techniques related to the emerging areas of information networking and applications