This paper compares the behaviour of shipping and shipping-related company stock returns to reveal whether systematic risk differs from the average in the market and across sub-sectors of the maritime industry. Following an extensive collection of information through a postal questionnaire...

Countries may utilize a long coastline in relation to their landmass as a resource to develop their maritime economy. This paper argues that ASEAN countries differ in utilizing their maritime potential. As a basis for further comparative studies the Center for Policy Research and International...

This paper examines volatility as a measure of risk in the dry-bulk ship market. In particular, it compares volatility estimates between time-charter and spot rates. Volatility is also compared between different sizes of dry-bulk vessels. It is found that time-charters are more volatile than...

This research focuses on the resolving maritime disputes by arbitration and it would be the comparative analysis of UK and USA approaches. Furthermore, the research aims with relevant legal principles in the context of current maritime arbitration practices in UK and USA. Moreover, the focus is...

Attempts to curb illegal activity by enforcing regulations gets complicated when agents react to the new regulatory regime in unanticipated ways to circumvent enforcement. We present a research strategy that uncovers such reactions, and permits program evaluation net of such adaptive behaviors....