Cyclical behaviour in the shipping market was investigated, for the first time, using Fourier analysis to extract cycle frequency information from data which have been Hodrick–Prescott filtered; in this case, dry freight earnings data. An industry rule of thumb asserts that shipping cycles last 7 years, but using a sample of daily dry charter earnings over a 21-year period, a prominent 4-year shipping cycle in the dry bulk sector is found, with a longer 7-year cycle superimposed. A better understanding of the shipping cycle will facilitate investment, since timing has been identified as a principal decision-driver.


    Zugriff

    Zugriff prüfen

    Verfügbarkeit in meiner Bibliothek prüfen

    Bestellung bei Subito €


    Exportieren, teilen und zitieren



    Titel :

    Investigating the cyclical behaviour of the dry bulk shipping market


    Beteiligte:

    Erschienen in:

    Erscheinungsdatum :

    02.01.2014


    Format / Umfang :

    19 pages




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch



    Bulk Shipping Market

    Lun, Y. H. Venus / Lai, Kee-hung / Cheng, T. C. Edwin et al. | Springer Verlag | 2023


    Bulk shipping - a market overview

    Long, K. / Cargo Systems International | British Library Conference Proceedings | 1991



    Dry bulk shipping market inefficiency, the wide perspective

    Laulajainen, Risto | Online Contents | 2007