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Excerpt from Oil Tanker Rates: A Life-Long Challenge
One of the most striking aspects of the tanker markets in the late fifties is that these Operated in a manner approximating perfect competition. The concentration of ownership of tanker capacity in the relevant market the spot market was found to be very low to affect the efficiency of the markets.
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Oil Tanker Rates: A Life-Long Challenge (Classic Reprint)
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Paperback. Zustand: New. Print on Demand. This book delves into the complex and fascinating world of oil tanker rates, a subject that has captivated economists and industry experts for decades. The author, having been introduced to the field by a renowned professor, embarks on a journey to unravel the mysteries of this volatile market. Drawing from his extensive research and analysis, the author examines the factors driving tanker rates, uncovering patterns of cyclical behavior and exploring the interplay between supply, demand, and economic forces. The book offers a historical perspective on the evolution of tanker rates, tracing their development from the late 1950s through the oil crises of the 1970s. This exploration reveals the critical role of tanker rates in shaping the global oil market and illuminates the impact of political and economic events on this crucial industry. The author delves into the underlying economic principles governing tanker rates, offering insights into the interplay of market structure, economies of scale, and risk management. The book's exploration of the influence of price-elastic expectations on tanker rates provides a compelling explanation for the cyclical nature of this market. The author's insights into the historical and economic forces that have shaped oil tanker rates provide a valuable guide for understanding the complexities of this vital industry. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781332272709_0
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Oil Tanker Rates A LifeLong Challenge Classic Reprint
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781332272709
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Oil Tanker Rates A LifeLong Challenge Classic Reprint
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781332272709
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