Pools resurface with shipping swimming in data
Roar Os Ådland writes about the sudden return of shipping pools in the news headlines this year.
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
- MS-458
- 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 |
|---|---|---|
| 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; 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; 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; 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 |
| Prochazka, Vit; Ådland, Roar Os; Wolff, Francois-Charles | Contracting decisions in the crude oil transportation market: Evidence from fixtures matched with AIS data | Transportation Research Part A: Policy and Practice Volume 130; page 37 - 53; 2019 |
TEACHING AREAS
Shipping economics, Risk management, Commodity trading
Dissemination
New article by Procházka and Ådland
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.
New article by Procházka, Ådland and Wallace
The article "The value of foresight in the drybulk freight market" has been published in Transportation Research Part A: Policy and Practice.
New article by Ådland
The article "When energy efficiency is secondary: The case of Offshore Support Vessels" has been published in Transportation Research Part D: Transport and Environment.
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.
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.