Blar i NHH Brage på forfatter "Ådland, Roar Os"
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Statistical arbitrage in the freight options market : applying trading strategies to profit from volatility misspecification in the dry bulk shipping industry
Ånestad, Lars Eirik Nord-Varhaug; Abrahamsen, Bjarte Tysdal (Master thesis, 2019)The purpose of this thesis is to investigate trading strategies that can exploit misspecification of volatility in the freight options market. We have, using observed market prices, derived smooth forward rate curves ... -
Technical trading rule performance in the second-hand asset markets in bulk shipping
Ådland, Roar Os (Working paper, Working paper, 2000-01)This paper investigates the performance of technical trading rules applied to asset play in the international bulk shipping industry. The rules are tested on monthly returns in the Products Carrier segment for the period ... -
The economic impact of fuel consumption uncertainty for tankers
Baik, Donggon (Master thesis, 2016-09-02)In this thesis, we evaluate how uncertainties in ship operation, particularly fuel consumption, impact speed optimization and profit maximization. By courtesy of SKS Tankers AS, three years of noon reports and the ship ... -
The impact of regional environmental regulations on empirical vessel speeds
Ådland, Roar Os; Fonnes, Gro; Jia, Haiying; Daae Lampe, Ove; Strandenes, Siri Pettersen (Journal article; Peer reviewed, 2017)Economic theory suggests that the use of more expensive low-sulphur fuel within an Emission Control Area (ECA) should result in lower vessel speeds. The objective of this paper is to investigate empirically, for the first ... -
The impact of regional environmental regulations on empirical vessel speeds
Ådland, Roar Os; Fonnes, Gro; Jia, Haiying; Daae Lampe, Ove; Strandenes, Siri Pettersen (Peer reviewed; Journal article, 2017)Economic theory suggests that the use of more expensive low-sulphur fuel within an Emission Control Area (ECA) should result in lower vessel speeds. The objective of this paper is to investigate empirically, for the first ... -
Transforming data into profit : building a transformer neural network to predict Golden Ocean stock price based on forward freight agreements
Mølmann, Lars; Aasen, Ulrik (Master thesis, 2020)The purpose of this study is to investigate the predictive relationship between Forward Freight Agreements (FFA) and the Golden Ocean Group stock price, using a Transformer Neural Network. Under the assumptions that the ... -
Using Machine Learning to Predict Port Congestion : A study of the port of Paranaguá
Fadnes, Eirik; Harviken, Espen Åsheim (Master thesis, 2023)Being able to accurately predict future levels of port congestion is of great value to both port and ship operators. However, such a prediction tool is currently not available. In this thesis, a Long Short-Term Memory ... -
The value of timecharter optionality in the drybulk market
Ådland, Roar Os; Prochazka, Vit (Peer reviewed; Journal article, 2020)Using an optimization model on a network with stochastic travel times we estimate the value of flexible worldwide redelivery compared to the more constrained Atlantic ocean option. We evaluate the value of the redelivery ... -
Vessel valuation : an analysis of the joint non-linear impact of vessel age and time of sale in the market for handysize dry bulkers
Andenes, Gotfred; Klepelv, Markus Mølkjær (Master thesis, 2019)This thesis investigates the joint influence of transaction time and vessel age on the valuation of second-hand tonnage. Towards this end, we use individual sales data for Handysize dry bulkers and apply a semiparametric ... -
When energy efficiency is secondary: The case of Offshore Support Vessels
Ådland, Roar Os; Cariou, Pierre; Wolff, Francois-Charles (Journal article; Peer reviewed, 2019)Offshore Support Vessels (OSVs) deal with time-sensitive logistics and sophisticated marine operations for high-value offshore oil and gas installations. We investigate whether this creates preferences that effectively ...