Effectiveness of forward freight agreements in mitigating VLCC shipowners' business risks between 2005 and 2014

• Main Author: Chia, Wei Min
• Other Authors: Soh Woei Liang
• Format: Final Year Project
• Language: English
• Published: 2016
• Subjects: DRNTU::Engineering::Maritime studies::Maritime management and business
• Online Access: http://hdl.handle.net/10356/67138
• Institution: Nanyang Technological University

Shipowners operating in the tanker market are exposed to the volatile freight market which influences the business risk faced by shipowners since freight is directly pegged to the revenue received by shipowners. This ultimately determines the ability of shipowners to fulfill their cost obligations i...