• Switching options in tanker shipping markets: a new approach to product tanker valuation 

      Hansson, David; Wense, Levin von der (Master thesis, 2015)
      The thesis investigates the value of a switching option for an LR2 product tanker, which can switch between dirty and clean freight markets, using a real option valuation model based on a stochastic freight rate differential ...
    • The value of foresight in the drybulk freight market 

      Prochazka, Vit; Adland, Roar; Wallace, Stein W. (Discussion paper;1/18, Working paper, 2018-01-31)
      We analyze the value of foresight in the drybulk freight market when repositioning a vessel through space and time. In order to do that, we apply an optimization model on a network with dynamic regional freight rate ...