The determinants of vessel capacity utilization: The case of Brazilian iron ore exports
- Siri Strandenes
- Roar Adland
Roar Adland, Haiying Jia and Siri P. Strandenes. “The determinants of vessel capacity utilization: The case of Brazilian iron ore exports.” Transportation Research Part A. 110. (2018): 191-201.
This paper aims to determine the drivers behind the utilization of a vessel’s cargo-carrying capacity. The findings from this piece they indicate that poor freight markets affect real vessel earnings both from low spot rates and reduced capacity utilization.