Asset valuation in dry bulk shipping
This thesis examines the dry bulk sector of the shipping industry. We begin by analysing the relation between second-hand vessel prices, net earnings, and holding period returns. Specifically, we provide strong statistical evidence that almost the entire volatility of shipping earnings yields can be...
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City, University of London
2017
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| Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.725726 |