Synopsis
Understand how long-term shipping rates are set for oil tankers and what really drives them.
This book explains a model that links long-run rates to the industry’s supply, investment needs, and uncertainties. It also shows how risk premiums for underemployment and unemployment shape the prices owners charge on time charters.
Drawing on theory and data from 1970–1980, the text walks through how the marginal vessel is chosen, how size affects costs, and how brokerage, financing, and fuel prices feed into the final rate. The result is a structured view of how the market sets normal long-run rates and how these relate to spot rates and time charters.
- How the long-run rate is defined and what it must cover for replenishing investment.
- How risk premiums for underemployment and unemployment are measured and applied.
- How vessel size and economies of scale influence rates, with examples tied to typical tanker classes.
- How brokerage fees, loan terms, and fuel price trends affect overall costs and pricing.
Ideal for readers interested in shipping economics, energy markets, or financial modeling of maritime assets.
"synopsis" may belong to another edition of this title.
Other Popular Editions of the Same Title
Search results for Cost Structure and Period Rates, for Oil Tankers (Classic...
Seller Image
Cost Structure and Period Rates, for Oil Tankers (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
Seller rating 4 out of 5 stars
Paperback. Condition: New. Print on Demand. This book delves into the factors that influence long-term charter rates for oil tankers, providing a comprehensive model that considers various risk premiums and efficiency variables. The author examines the historical and economic context of the tanker market, exploring the impact of supply and demand dynamics, technological advancements, and market expectations. The book offers a detailed analysis of the different risk premiums that affect long-term rates, including the risks of underemployment, unemployment, and brokerage fees. It also examines how the loan value of time charter agreements and the efficiency of vessels influence the determination of rates. Through statistical analysis and case studies, the author demonstrates the practical application of the proposed model, highlighting its ability to predict long-term charter rates with accuracy. Overall, this book provides valuable insights into the complex factors that shape the tanker market, making it an essential resource for industry professionals, researchers, and anyone seeking to understand the dynamics of long-term charter rates. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781332256655_0
Buy New
US$ 17.39
Free Shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: Over 20 available
Stock Image
Cost Structure and Period Rates, for Oil Tankers Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332256655
Stock Image
Cost Structure and Period Rates, for Oil Tankers Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332256655
Buy New
US$ 23.98
US$ 4.42 shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: 15 available