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Dry Bulk International Shipping Market And Its Volatility Cycle Research

Posted on:2010-07-15Degree:MasterType:Thesis
Country:ChinaCandidate:H GuanFull Text:PDF
GTID:2199360278454665Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Nowadays, the transport of international dry bulk sea played a more and more importance role in the world trading market. The shipping cycle has gradually replaced the agricultural cycle and the others traditional industries cycles and has impressive impacted upon the world under the current globalization environment. Dry bulk shipping market and its fluctuations has aroused the extra special attention, because the dry bulk shipping market is one of the reflections with the world economic development. The expectation of dry bulk shipping market cycle became a pre-judgment to the trend of world economy as a result of the mentioned above. Dry bulk shipping market set up a signal to the others industries, such as the iron and steel, coal, agricultural and sideline products and so on. More and more people concerned with the international dry bulk shipping market, which gradually plays a role of barometer to the economic situation.From the basic economics perspective with the supply and demand theory, this paper try to find out the factors which effect the fluctuation of dry bulk shipping market firstly. And then through the deeply discussion with marketing characteristics and the others related elements, the reader will well known the international dry bulk shipping market situation and its cycle. The paper based on the history of past dry bulk shipping market to find out the practical value to identify the causal relationship between these factors from the analysis of economic events. Finally, this paper tries to detect and analyze the relationship between the rates of world economic growth with the BDI index sequence by the method of rate of change economic tracking. This method directly observed the chart and find out the timing Series between the factors. All of these working wanted to reach ahead of time to predict the turning point of BDI curve. With this prediction, the people can easily apply it to dry bulk shipping market, marketing strategy, business and investment decision-making and so on.This paper attempts to interpret the development and the principle of dry bulk cycle fluctuations through the dry bulk market characteristics and structure. The content will help shipping companies and other related businesses to develop investment strategies and choose a rational decision-making, this paper also will enhance the dry bulk shipping market participants in their own competitiveness for enlargement of the operating income and effective operation of risk prevention.
Keywords/Search Tags:dry bulk, shipping, cycle, BDI index, the rate of economic change
PDF Full Text Request
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