Shipping Bunker Cost Risk Assessment and Management during the Coronavirus Oil Shock

This research explores ways to develop a risk management strategy that enables shipping companies to reduce unnecessary fuel cost risks, fuel price fluctuations and improve financial management. Through the Monte Carlo method, the study makes use of the simulation of the conditional value-at-risk (C...

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Bibliographic Details
Main Authors: Tzeu-Chen Han, Chih-Min Wang
Format: Article
Language:English
Published: MDPI AG 2021-04-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/13/9/4998