Browsing NHH Brage by Author "Ameln, Haakon"
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Can you hedge ship price risk using freight derivatives? : a study of the dry bulk market
Ameln, Haakon; Børnes, Eirik August (Master thesis, 2018)This thesis investigates the possibility of reducing ship price risk in the dry bulk sector using freight derivatives. We establish a theoretical linkage between ship prices and FFA prices and empirically test this ... -
Hedging ship price risk using freight derivatives in the drybulk market
Ådland, Roar Os; Ameln, Haakon; Børnes, Eirik A. (Journal article; Peer reviewed, 2019)We show that a fixed-maturity time-weighted Forward Freight Agreement (FFA) portfolio should be used to proxy the expected future earnings of a vessel. We investigate the corresponding hedging efficiency when using a ...