Predictive analysis of sell-and-purchase shipping market: a PIMSE approach

• Main Authors: Mo, Jixian, Gao, Ruobin, Yuen, Kum Fai, Bai, Xiwen
• Other Authors: School of Civil and Environmental Engineering
• Format: Article
• Language: English
• Published: 2024
• Subjects: Engineering; Grid search algorithm; Second-hand tankers
• Online Access: https://hdl.handle.net/10356/179413
• Institution: Nanyang Technological University

Estimating second-hand ship prices in the highly uncertain and cyclical ship trading market is a challenge due to its volatile nature. In this study, we propose a novel and highly interpretable model termed as the parsimonious intelligent model search engine (PIMSE), to investigate the relationship...