Blar i Thesis på forfatter "Ådland, Roar Os"
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Is the Baltic Dry Index System ready for an upgrade? : a study of freight market indices
Moen, Henrik Kleven; Ullereng, Magnus (Master thesis, 2019)We examine the shipping industry’s need and interest in changing the way that freight market indices are made. Our research is conducted due to recent changes in the shipping industry, with more competition entering the ... -
Machine learning as a decision support system in capesize route optimization : predicting optimal route selection using recurrent neural networks and extreme gradient boosting
Bomholt, Herman Johan; Thune, Torsten Stangeland (Master thesis, 2020)In this thesis, we investigate the applicability of machine learning to predict optimal route decisions for Capesize vessels. Our approach uses windows of historical macroeconomic and market-specific variables to form a ... -
Obtaining contracts in the North Sea OSV market : a vessel based logit model
Tvedte, Morten Vik; Sterud, Alexander (Master thesis, 2016)This thesis studies the determinants for obtaining contracts in the North Sea offshore supply market from 2007 to 2016. We specify a logistic regression model to investigate the effect of vessel specifications on the ... -
Offshore service vessel contribution to the air pollution in a port city : estimation of aggregate emissions for the Port of Bergen
Hawryłko, Izabela (Master thesis, 2017)The main subject of this thesis are emissions released by an offshore fleet visiting the Port of Bergen. In its first part, a problem of shipping-related pollution is introduced. It includes a description of main emission ... -
Portfolio optimization of chartering contracts : An empirical study of the chartering policies for Western Bulk Chartering ASA in the period from 2016 to 2022
Dalgaard, Magnus Klund; Skjævestad, Øyvind (Master thesis, 2023)This thesis looks at how the shipping operator Western Bulk can structure their chartering decisions through a portfolio approach. This entails looking at chartering contracts as single investments, which are part of a ... -
Price Premiums in the Shipbuilding Market : A study of determinants for bulker, tanker and container segments in the 1990-2014 period
Norland, Kristian; Sætrevik, Even (Master thesis, 2016-09-01)In this thesis we investigate whether a number of variables specific to a vessel, the contracting parties, or market conditions affect the price charged for the ship. Literature in maritime economics seems to suggest ... -
Retrofit solutions for energy efficiency in shipping : a study of effects, cost-efficiencies, implementation rates and barriers
Mathiesen, Jørgen Fie Padøy (Master thesis, 2020)This thesis has a purpose which is twofold. Firstly, several retrofit fuel reduction measures used in the shipping industry are examined. The goal is to compare the actual effects of the measures with the estimated effects ... -
Revenue determinants in the offshore support vessel market : a study of North Sea fixtures
Wiig, Asmund; Tvedte, Marius Vik (Master thesis, 2017)The purpose of this thesis is to investigate the vessel-specific determinants of commercial success, measured by vessel revenue, in the North Sea Offshore Support Vessels (OSV) market. By studying the characteristics and ... -
Scanning the horizon : forecasting and trading on forward freight agreements using long short-term memory neural networks and AIS-derived features
Farbrot, Herman; Kalvik, Sindre (Master thesis, 2019)The purpose of this study has been to predict Forward Freight Agreement (FFA) prices using machine learning techniques, investigate the additional forecasting power of Automatic Identification System (AIS) derived features, ... -
Second-hand vessel valuation : a generalized additive model and extreme gradient boosting approach
Harvei, Hans Christian Olsen; Jørgensen, Julius (Master thesis, 2019)This thesis investigates the applicability of extreme gradient boosting (XGBoost) compared to the generalized additive model (GAM) approach to create a desktop valuation model of second-hand Handysize bulkers. The data ... -
Short term analysis of lead time movements in dry bulk shipping A linear approach to explore the relationship between lead time and other order-specific determinants of historical voyage orders.
Botnen, Frida Austarå; Lam, Helena Ha-Anh (Master thesis, 2021)This thesis investigates explanatory factors on a microeconomic level that affect lead time movements in the short term. We utilize historical voyage orders from January 2015 to April 2021 to analyze the relationship ... -
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 ... -
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 ... -
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 ... -
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 ...