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Maritime Policy & Management
The flagship journal of international shipping and port research
Volume 36, 2009 - Issue 6
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Original Articles

Valuation of time charter contracts for ships

Pages 525-544 | Published online: 04 Dec 2009

References

  • Kavussanos , M and Visvikis , ID . 2006 . Shipping freight derivatives: A survey of recent evidence . Maritime Policy & Management , 33 ( 3 ) : 233 – 255 .
  • Jørgensen , PL and Giovani , DD . 2008 . Time charters with purchase options in shipping: Valuation and risk management, Working Paper . Aarhus School of Business ,
  • Koekebakker , S and Ådland , RO . 2004 . Modelling forward freight dynamics – empirical evidence from time charter rates . Maritime Policy & Management , 31 ( 4 ) : 319 – 335 .
  • Musiela , M and Rutkowski , M . 2007 . Martingale Methods in Financial Modelling, , 2nd , Berlin : Springer Verlag .
  • McConnell , JJ and Schallheim , JS . 1983 . Valuation of asset leasing contracts . Journal of Financial Economics , 12 ( 2 ) : 237 – 261 .
  • Trigeorgis , L . 1996 . Evaluating leases with complex operating options . European Journal of Operations Research , 91 ( 2 ) : 315 – 329 .
  • Bellmann , R . 1957 . Dynamic Programming , New Jersey : Dover Publications .

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