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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| 格式: | Final Year Project |
| 語言: | English |
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2017
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| 在線閱讀: | http://hdl.handle.net/10356/70731 |
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