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The Dynamics of the Dry Bulk Sub-Markets

Author

Listed:
  • Ghiorghe Batrinca

    (Constanta Maritime University)

  • Gianina Cojanu

    (Constanta Maritime University)

Abstract

International shipping plays a vital role in global trade. As history has shown, shipping is a cyclical and volatile industry and its evolution is strongly correlated with other industries. In this sense, the analysis of different shipping markets may provide useful and reliable information regarding the worldwide economic activity. The indices produced by Baltic Exchange offer a comprehensive outlook of different shipping markets. Moreover, the analysis of their dynamics from a time period to another improves price transparency and market understanding.

Suggested Citation

  • Ghiorghe Batrinca & Gianina Cojanu, 2013. "The Dynamics of the Dry Bulk Sub-Markets," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 3(6), pages 1-2, December.
    • Handle: RePEc:spp:jkmeit:spi13-02
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    References listed on IDEAS

    as
    1. Ko, Byoung Wook, 2010. "An application of dynamic factor model to dry Bulk Market - focusing on the analysis of synchronicity and idiosyncrasy in the sub-markets with different ship - size," MPRA Paper 32572, University Library of Munich, Germany.
    2. Manolis G. Kavussanos & Ilias D. Visvikis, 2006. "Shipping freight derivatives: a survey of recent evidence," Maritime Policy & Management, Taylor & Francis Journals, vol. 33(3), pages 233-255, July.
    3. Amir H. Alizadeh & Nikos K. Nomikos, 2009. "Shipping Derivatives and Risk Management," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-23580-9.
    4. Lin, Faqin & Sim, Nicholas C.S., 2013. "Trade, income and the Baltic Dry Index," European Economic Review, Elsevier, vol. 59(C), pages 1-18.
    5. Amir Alizadeh & Wayne Talley, 2011. "Microeconomic determinants of dry bulk shipping freight rates and contract times," Transportation, Springer, vol. 38(3), pages 561-579, May.
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