Article

The Impact of Bunker Price on VLCC Spot Rates

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Over the last ten years, VLCC spot rates have been extremely volatile with full-on booms in 2004 and 2007/2008. The strengthening of the market in 2002 through 2004 leading to the 2004 boom can be explained simply by ton-mile demand growing faster than available ton-mile supply. But this is not the case for the 2007/2008 boom. The paper argues that these rates spikes were caused by increases in bunker prices changing the shape of the VLCC supply curve. At least in the short run, high bunker prices are an owner’s best friend.

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Ketersediaan

Informasi Detail

Judul Seri

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No. Panggil

ATC LO DEV t

Penerbit

USA : Emerald Insight., 2009

Deskripsi Fisik

9 p.

Bahasa

English

ISBN/ISSN

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Klasifikasi

LO

Tipe Isi

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Tipe Media

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Tipe Pembawa

other (audio)

Edisi

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Subjek

Slow steaming
Spot Rates
VLCC
Bunker price

Info Detail Spesifik

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Pernyataan Tanggungjawab

Jack Devanney

Versi lain/terkait

Lampiran Berkas

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