Freight Derivatives and Risk Management in Shipping

This advanced practical textbook covers risk analysis, measurement, and management in the shipping industry, exploring traditional and modern strategies at the investment and operational levels. It compares freight derivative products, showcases practical applications, and serves as a reference for researchers and students. The second edition has been updated to incorporate recent developments and is essential for practitioners in maritime business risk management.

\n Format: Paperback / softback
\n Length: 520 pages
\n Publication date: 30 April 2021
\n Publisher: Taylor & Francis Ltd
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This comprehensive and advanced textbook delves into the realm of risk analysis, measurement, and management within the shipping industry. It identifies and thoroughly examines the various sources of risk inherent in the shipping business, exploring both traditional and modern strategies for risk management at both the investment and operational levels. The book also compares and contrasts the unique features and characteristics of various freight derivative products, providing practical insights into their applications. Through realistic practical examples, the book showcases the practical applications of derivatives, while introducing several concepts that are novel to the literature. Serving as a valuable reference for researchers in the field, the book enhances their understanding of risk management and derivatives in the shipping industry, while also being an essential resource for undergraduate and postgraduate students. Additionally, the book offers a comprehensive manual for practitioners seeking to engage in the financial risk management of maritime businesses. In its second edition, this textbook has been thoroughly updated to incorporate the latest developments in the industry since its first edition in 2006. New chapters have been introduced on topics such as market risk measurement, credit risk and credit derivatives, and statistical methods to quantify risk. Furthermore, the second edition builds upon the success of the first edition, which has been extensively taught in universities worldwide and utilized by professionals in the industry. Shipowners, professionals in the shipping industry, risk management officers, credit officers, traders, investors, students, and researchers alike will find this book indispensable in gaining a deep understanding of how risk management and hedging tools can be effectively employed to mitigate risks and optimize financial outcomes in the shipping sector.

\n Weight: 1090g\n
Dimension: 174 x 244 x 30 (mm)\n
ISBN-13: 9780367360726\n
Edition number: 2 New edition\n