Extraordinary up- and downturns in the dry bulk market 2000-2009

2010

Masteroppgave i økonomi og administrasjon - Universitetet i Agder 2010 This thesis studies the extraordinary up- and downturns in the shipping market from 2000 to 2009, with emphasis on the dry bulk market. The world has experienced extreme financial changes this decade; economies has seen its all time high with higher GDP, growing incomes and higher consumption, but also experienced a total collapse of the financial systems, with companies and even countries declared bankrupt and many on the verge of bankruptcy. One of the industries directly affected by changes in the world economy is the shipping industry. This international industry is driven by events throughout the entire world, makin…