Search results for "International shipping"
showing 4 items of 4 documents
Finnish Shipping — A Nordic Exception?
2012
The Finnish economy has for centuries been dependent on seaborne transport. In some periods, such as the mid-nineteenth century and the 1970s, Finland also emerged as an important shipping nation in international cross-trades. In the mid-1970s, Finnish tonnage was the sixth largest in the world in per capita terms — just after the Scandinavian countries (Karonen, 1992; Kaukiainen, 2008b). Nevertheless, compared to the other Nordic countries, it was a minor player in international shipping and, subsequently, it has fallen even further behind. In 1987, for example, the freight earnings of Finnish shipping were about one-fifth of those of Norway and about one-third of those of Denmark and Swed…
Value based trading of real assets in shipping under stochastic freight rates
2009
The article uses a real options valuation model with stochastic freight rates to investigate market efficiency and the economics of switching between the dry bulk and the tanker markets in international shipping. A dry bulk carrier is replaced with a tanker when the expected net present value of such a switch is optimal from a real options based decision rule. Depending on the development of the markets a reversal may take place later. The cost and demand parameters upon which the decisions to switch are made, including the stochastic characteristics of freight rates, are estimated from an empirical analysis that is updated every week throughout a 12-year time period from 1993 to 2005. The …
Planejamento da Gestão da Qualidade na Movimentação de Cargas Pelos Portos: Análise da Literatura Internacional
2021
Essa investigacao objetiva identificar as principais caracteristicas dos estudos empiricos internacionais sobre o planejamento da gestao da qualidade na movimentacao de cargas pelos portos, sob a otica da avaliacao de desempenho. Trata-se de um estudo qualitativo, com objetivo exploratorio-descritivo, que utiliza como estrategia de pesquisa a pesquisa-acao por intermedio do instrumento de intervencao o Knowledge Development Process-Constructivist ( ProKnow-C ), em que foram coletados dados primarios e secundarios, de procedimento bibliografico. Apresenta-se como resultados: (a) a rede de autores, sendo composta por vinte e nove (29) clusters ; (b) acoplamento bibiografico, distribuidos em 1…
Creating Global Markets : Seaborne Trade in Pulp and Paper Products Over the Last 400 Years
2018
The declining cost of sea transport has been a necessary condition for the growth of the global pulp and paper industry, especially in regions remote from economic centres. Thus, pulp and paper industries and international shipping have coevolved, especially since the 1960s, enabling producers to tap global markets and develop global production chains. The paper products trade flows, however, have changed a number of times over the last 400 years. This chapter describes and explains these developments and shows how the technological solutions in global shipping and strategic choices among the pulp and paper companies have been interdependent, especially since the 1960s. peerReviewed