Modelling cyclic container freight index using system dynamics

• Main Authors: Jeon, Jun-Woo, Duru, Okan, Yeo, Gi-Tae
• Other Authors: School of Civil and Environmental Engineering
• Format: Article
• Language: English
• Published: 2022
• Subjects: Engineering::Civil engineering; Container Market; Liner Shipping
• Online Access: https://hdl.handle.net/10356/155504
• Institution: Nanyang Technological University

This paper investigates the cyclical nature of container shipping market represented by a containerized freight index and proposes a predictive cyclical model of the market. In contrast to the traditional spectral analysis (univariate), system dynamics reflect the drivers of the market in both suppl...