A Mixed-Regime Model for Dry Bulk Freight Market

Ko, Byoung-Wook

doi:10.1016/s2092-5212(10)80001-x

Cited by 10 publications

(3 citation statements)

References 6 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…With regard to the BDI and its use in other markets, "this volatility is harmful in the sense that their asset is exposed to high risk" (Ko, 2010). As a result, the "BDI occasionally over-or under-states the status of global dry bulk freight market" dynamics (Ko, 2011).…”

Section: The Bdi As a Predictormentioning

confidence: 99%

“…As a result, the "BDI occasionally over-or under-states the status of global dry bulk freight market" dynamics (Ko, 2011). In addition, since 2003, there is a general increase in volatility in the BDI, especially surrounding the GFC time frame (Ko, 2010). This volatility is more severe on the downside than on the upside (Chen & Wang, 2004).…”

Section: The Bdi As a Predictormentioning

confidence: 99%

“…There is also another dynamic present. "Freight rate volatility increases in a backwardated market and decreases when the market is in contango" (Ko, 2010).…”

Section: The Bdi As a Predictormentioning

confidence: 99%

See 2 more Smart Citations

Are Bulk/Container Shipping Companies Improving Compared to the Baltic Dry Index?

Barrows¹

2019

ASS

View full text Add to dashboard Cite

This study evaluates the 2000-2017 time frame and assesses the performance of the bulk/container shipping industry before and after the Great Financial Crisis (GFC) in relation to the Baltic Dry Index (BDI) and two other benchmarks in a variety of combinations. This study evaluates two different period portfolios of shipping companies based on their stock price total return performance. Five cases are presented that demonstrate portfolio improvement when comparing performance after the GFC with performance before the GFC in relation to the BDI and the other benchmarks. Included are discussions on shipping industry competition, vessel utilization and freight rates plus the BDI as an economic activity predictor.

show abstract

Section: The Bdi As a Predictormentioning

confidence: 99%