New article by Ådland
The article "Crude oil contango arbitrage and the floating storage decision" has been published in Transportation Research Part E: Logistics and Transportation Review.
Professor Roar Os Ådland
- Roar.Adland@nhh.no
- Telephone
- +47 55 95 94 67
- Department
- Business and Management Science
- Centre
- ENE Shipping and Logistics
- Office
- C519
- Expertise
- Shipping, transport and logistics Freight derivatives Shipping economics Commodity trade
BIOGRAPHY
Roar Ådland joined the Norwegian School of Economics as a professor in 2012. He is the holder of the Bergen Shipowners’ Association Chair in shipping economics at the Center for Shipping and Logistics. He holds a Master of Science degree in marine technology from NTNU, an M.Phil. in Business Economics from NHH and a Master of Science in Ocean Systems Management from Massachusetts Institute of Technology (MIT). Professor Ådland received his Ph.D. in Ocean Systems Management from MIT in 2003.
Before becoming an academic, Roar Ådland had a career in the shipping industry, first as an analyst with Clarkson Research Ltd. In London and since 2006 as a trader and portfolio manager of freight derivatives (FFAs) at Clarkson Fund Management Ltd., a shipping-focused hedge fund.
Roar Ådlands’ research focuses on freight derivative pricing and trading, applications of AIS data, vessel valuation, shipping risk management and bulk freight market modeling.
Selected publications
| Author(s) | Title | Publisher |
|---|---|---|
| Ådland, Roar Os; Köhn, Sebastian | Semiparametric Valuation of Heterogeneous Assets | Asset Intelligence through Integration and Interoperability and Contemporary Vibration Engineering Technologies; page 23 - 30; 2019 |
| Regli, Frederik; Ådland, Roar Os | Crude oil contango arbitrage and the floating storage decision | Transportation Research Part E: Logistics and Transportation Review Volume 122; page 100 - 118; 2019 |
| Ådland, Roar Os; Cariou, Pierre; Wolff, Francois-Charles | Comparing Transaction-based and Expert-generated Price Indices in the Market for Offshore Support Vessels | Journal of Transport Economics and Policy Volume 53 (1); page 99 - 118; 2019 |
| Ådland, Roar Os; Alizadeh, Amir | Explaining price differences between physical and derivative freight contracts | Transportation Research Part E: Logistics and Transportation Review Volume 118; page 20 - 33; 2018 |
| Ådland, Roar Os; Sværen, Oda Aspebakken | The determinants of asset mothballing in the offshore supply market | IEEE International Conference on Industrial Engineering and Engineering Management; page 1460 - 1463; 2018 |
| Ådland, Roar Os; Benth, Fred Espen; Koekebakker, Steen | Multivariate modeling and analysis of regional ocean freight rates | Transportation Research Part E: Logistics and Transportation Review Volume 113; page 194 - 221; 2018 |
| Ådland, Roar Os; Cariou, Pierre; Jia, Haiying; Wolff, Francois-Charles | The energy efficiency effects of periodic ship hull cleaning | Journal of Cleaner Production Volume 178; page 1 - 13; 2018 |
| Ådland, Roar Os; Cariou, Pierre; Wolff, Francois-Charles | Does energy efficiency affect ship values in the second-hand market? | Transportation Research Part A: Policy and Practice Volume 111; page 347 - 359; 2018 |
FORTHCOMING
Adland, R., Norland, K. and Sætrevik, E. (2017):
"The impact of shipyard and shipowner heterogeneity on contracting prices in the newbuilding market", Maritime Business Review, in press
Adland, R. Noraas, J. and Iversen R.S. (2017),
"Capital Structure Determinants of Shipbuilding Companies", International Journal of Shipping and Transport Logistics, in press.
Adland, R., Cariou, P. and Wolff, F.C. (2017): "What makes a freight market index? An empirical analysis of vessel fixtures in the offshore market", Transportation Research Part E, forthcoming.
Adland, R., Hansson, D. and Wense, L. (2017): "Valuing cargo flexibility in oil transportation", Maritime Policy and Management, forthcoming
TEACHING AREAS
Shipping economics, Risk management, Commodity trading
Dissemination
New article by Ådland
The article "Explaining price differences between physical and derivative freight contracts" has been published in Transportation Research Part E: Logistics and Transportation Review.
On scrubber and super profits
Roar Ådland questions the flurry of scrubber purchases in recent days. Are we merely back in the misleading ecoship territory from five years ago?
– Our goal is to see shipping lead the field
‘You represent an industry that has really felt the effects of the oil price drop at first-hand. But now the worst is over,’ said Minister of Trade and Industry Torbjørn Røe Isaksen at NHH’s shipping conference in Bergen.
New article by Ådland
The article "Does energy efficiency affect ship values in the second-hand market?" has been published in Transportation Research Part A: Policy and Practice.
No financial gain in digitalisation
Roar Ådland: There is no financial gain in digitalisation for the shipping companies.
Professor questions several aspects of Maersk and IBM's blockchain project
Despite massive exposure, it is far from certain that Maersk and IBM will win the digitalisation race in the shipping sector, says Roar Ådland.
Battery-operated merchant vessels no more than a decade away
Roar Ådland: Battery-operated vessels on major trade routes seem like the stuff of a far-distant future.
Shipping: Electric before Autonomous
Roar Ådland writes about electrification in shipping, getting views from Tesla’s Elon Musk.
New article by Ådland
The article "Multivariate modeling and analysis of regional ocean freight rates" has been published in Transportation Research Part E: Logistics and Transportation Review.
New article by Ådland and Jia
The article "The energy efficiency effects of periodic ship hull cleaning" has been published in Journal of Cleaner Production.
Logistics and Maritime Systems
140 participants are gathered at NHH for three and a half days to attend the 7th International Conference on Logistics and Maritime Systems.