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.
| Author(s) | Title | Publisher |
|---|---|---|
| Ådland, Roar Os; Cariou, Pierre; Wolff, Francois-Charles | Optimal ship speed and the cubic law revisited: Empirical evidence from an oil tanker fleet | Transportation Research Part E: Logistics and Transportation Review Volume 140 (18 pages); 2020 |
| Prochazka, Vit; Ådland, Roar Os | Ocean Mesh Grid: Applications in Shipping Modeling | IEEE International Conference on Industrial Engineering and Engineering Management; page 330 - 334; 2020 |
| Jia, Haiying; Ådland, Roar Os; Wang, Yuchen | Latin American Oil Export Destination Choice: A Machine Learning Approach | IEEE International Conference on Industrial Engineering and Engineering Management; page 345 - 348; 2020 |
| Ådland, Roar Os; Thomassen, Kristoffer André; Østensen, Erland Remmem | Environmental management in shipping: Theory and practice of energy-efficient ship operation | The Routledge Handbook of Maritime Management; page 80 - 97; 2019 |
| Ådland, Roar Os; Jia, Haiying | Contractual Barriers and Energy Efficiency in the Crude Oil Supply Chain | IEEE International Conference on Industrial Engineering and Engineering Management; page 6 - 10; 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; Köhn, Sebastian | Semiparametric Valuation of Heterogeneous Assets | Asset Intelligence through Integration and Interoperability and Contemporary Vibration Engineering Technologies; page 23 - 30; 2019 |
| Ådland, Roar Os; Ameln, Haakon; Børnes, Eirik August | Hedging ship price risk using freight derivatives in the drybulk market | Journal of Shipping and Trade Volume 5 (1); page 1 - 18; 2019 |
Shipping economics, Risk management, Commodity trading
Just how much machine learning algorithms can deliver to capesize earnings has been quantified in a landmark new piece of research, by students supervised by Roar Ådland.
Roar Ådland, Pierre Cariou and Francois-Charles Wolff have revisited the science behind slow steaming and are questioning the validity of the green claims championed by many owners and politicians such as Emmanuel Macron.
The article "Optimal ship speed and the cubic law revisited: Empirical evidence from an oil tanker fleet" has been published in Transportation Research Part E: Logistics and Transportation Review.
Roar Ådland interviewed by The Economist: A midsized oil tanker’s fuel consumption drops by around 9 % after its hull is cleaned at sea. However, if the cleaning is done in a dry dock, that figure can be as much as 17 %.
Roar Os Ådland writes about the sudden return of shipping pools in the news headlines this year.
The article "Contracting decisions in the crude oil transportation market: Evidence from fixtures matched with AIS data" has been published in Transportation Research Part A: Policy and Practice.
The article "The value of foresight in the drybulk freight market" has been published in Transportation Research Part A: Policy and Practice.
The article "When energy efficiency is secondary: The case of Offshore Support Vessels" has been published in Transportation Research Part D: Transport and Environment.
The article "Crude oil contango arbitrage and the floating storage decision" has been published in Transportation Research Part E: Logistics and Transportation Review.
The article "Explaining price differences between physical and derivative freight contracts" has been published in Transportation Research Part E: Logistics and Transportation Review.
Roar Ådland questions the flurry of scrubber purchases in recent days. Are we merely back in the misleading ecoship territory from five years ago?
‘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.
