Theoretical Vessel Valuation and Asset Play in Bulk Shipping by Roar Os

  title={Theoretical Vessel Valuation and Asset Play in Bulk Shipping by Roar Os},
  author={M. S.Graf}
This thesis consists of two related parts. The first part develops non-parametric freight rate and scrap value models for the product tanker market. Monte Carlo simulations are used to calculate the value of the vessel as the present value of future cashflow and perform sensitivity analysis with respect to input parameters such as vessel age, freight rate volatility, and scrap price. The second part investigates the performance of technical trading rules for the purpose of asset play in the… CONTINUE READING

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