Publisert: 16.11.10

Shipping - Risk Modelling

We are looking for one or two students that can write their master thesis on topics related to freight trading in the dry bulk market. Possible topics: 1) Calculation of risk capacity: Construct a dynamic cashflow-at-risk model to deter-mine the company’s total risk capacity given a definition of risk appetite. 2) Construct a simulation engine for correlated freight and fuel/crude oil prices. 3) Real options: Quantify the value of (a) time extension options, (b) purchase options and/or (c) geographical options. 4) Trading margin: Decompose the company’s historical trading margin to identify driv-ers of trading performance

Om Western Bulk

Western Bulk (WB) is an asset-light dry bulk operator and freight trader, operating a fleet of about 100 -150 Panamax, Supramax and Handysize vessels. The company combines highly commercial trading skills with technology, advanced analytics and risk management to succeed in an extremely competitive and global shipping market.

WB seeks to offer flexible, high-quality ocean freight services to its customers, leveraging on its global trading pattern, relationships and operational expertise. Through its constant presence in the various regional and local freight markets, WB gains valuable market intelligence that it uses to take positions in the market – trying to identify and benefit from short term price variations, trend breaks and arbitrage opportunities. Moreover, value is created by constantly seeking to optimise the scheduling of vessels and cargoes, reducing ballast time and finding ways to operate voyages as efficiently as possible.

Each of WB's nine Commercial Teams operate as decentralized profit centres, using ships, cargoes and derivatives for directional play and arbitrage in the market. Risk management is a central part of WB's trading model, and the company also invests heavily in the use of technology and advanced analytics for decision support and market forecasting.

Western Bulk is headquartered in Oslo, and has offices in Singapore, Dubai, Seattle, Santiago, Casablanca  and Copenhagen.

For more information, see www.westernbulk.com




Stillingstype
Deltid
Sted
Oslo og/eller Singapore
Søknadsfrist
01.12.10
Årstrinn
1 2 3 4 5
Kontaktperson
Egil Husby

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