• Introduces a new area of growth in shipping which has attracted much attention of the maritime industry and transport, and, banking, finance and commodity trade sectors
• Provides a comprehensive overview of the practical and the operational aspects of this promising market
• Shows how to analyze and measure the impact of financial risk in the shipping and investment operations
• Shows how to select and implement effective strategies to reduce or eliminate these risks
• Several chapters are devoted to demonstrating how shipping derivatives instruments in both futures and options, are priced and traded and how they can be used for risk management and investment purposes
• Numerical examples and real-life cases are used to describe the ideas and themes, and new research in the field of maritime derivatives are presented and discussed

• Introduction to Risk Management and Derivatives
• Introduction to Shipping Markets
• Statistical Tools for Risk Analysis and Modelling
• Freight Market Information
• Forward Freight Agreement
• Technical Analysis and Freight Trading Strategies
• Options on Freight Rates
• Pricing and Risk Management of Option Positions
• Value-at-Risk in Shipping and Freight Risk Management
• Financial and Interest Rate Risk Management in Shipping
• Credit Risk Measurement and Management in Shipping
• Ship Price Risk and Risk Management
• Real Options and Optionalities in Shipping

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