Effectiveness of forward freight agreements in mitigating aframax tanker shipowners' business risks between 2006 and 2015

In the shipping market, shipowners would employ vessels on Time Charters (TC) or Contract of Affreightment (COA) as forms of physical hedging tools to reduce exposure to the volatility of the freight market. With the introduction of shipping derivatives such as Forward Freight Agreement (FFA) which...

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Bibliographic Details
Main Author: Lio, Yu Feng
Other Authors: Soh Woei Liang
Format: Final Year Project
Language:English
Published: 2017
Subjects:
Online Access:http://hdl.handle.net/10356/70731
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Institution: Nanyang Technological University
Language: English