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Finance and Financial Management Commons™
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- Keyword
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- Shipping; seasonal shipping rates; tramp freight market; tanker market; ocean vessels; OBO; ore/bulk/oil carriers (1)
- United States; Oil Pollution Act of 1990; OPA 90; oil pollution; oil spills (1)
- United States; coastal zone management act; marine resources; valuation methodology (1)
- United States; fishery resources; fishery management; Fishery Conservation and Management Act of 1976; FCMA (1)
- United States; mitigation banking; marine resources management; coastal zone management act; EPA; port planning (1)
Articles 1 - 5 of 5
Full-Text Articles in Finance and Financial Management
The New Certificates Of Financial Responsibility: Environmental Progress Or National Economic Disaster?, Paul R. Younes
The New Certificates Of Financial Responsibility: Environmental Progress Or National Economic Disaster?, Paul R. Younes
Theses and Major Papers
The Oil Pollution Act of 1990 (OPA 90) is the first comprehensive oil spill legislation passed in the United States. Included in the law were new provisions governing the liability and financial responsibility of both the company responsible for the spill and the insurer. These provisions, while well-intentioned, have created a dangerous situation for both the environment and the economy of the United States. This paper will examine the financial responsibility and liability regime that was in place prior to the passage of OPA 90, and the provisions of OPA 90 that establish new requirements shipowners must meet to qualify …
Achieving Total Compensation For Injuries To Coastal And Marine Resources: The Evolution Of Current Valuation And Compensation Methodologies, Marian Toon Mcphaul-Chester
Achieving Total Compensation For Injuries To Coastal And Marine Resources: The Evolution Of Current Valuation And Compensation Methodologies, Marian Toon Mcphaul-Chester
Theses and Major Papers
Economists have developed numerous theories to calculate the total value of natural resources. These methods have been developed and applied over the last two decades. They continue to be refined through application and critique. Resource economists monetarily quantify the values which humans attach to coastal and marine resources. These valuation theories are the subject of much controversy in natural resource damage litigation. An understanding of the evolution of these damage provisions from the early common law actions to the current statutory remedies is essential those involved in coastal planning, management and litigation. This paper reviews these economic theories and the …
Mitigation Banking: A Potential Tool For Port Planners, Laura Kelley
Mitigation Banking: A Potential Tool For Port Planners, Laura Kelley
Theses and Major Papers
Mitigation banking has been used as a means of facilitating the permit process by removing the negotiation of appropriate mitigation for development from the confines of the permit process. A developer with frequent needs to mitigate for losses associated with Section 404 and Section 10 requirements may, using a mitigation bank, consolidate mitigation and in so doing, potentially reduce mitigation costs. As a result of route maintenance, as well as expansion requirements, ports were considered to be good candidates for sponsoring mitigation bank efforts. Port use of mitigation banking has not been as expected due to a lack of available …
The Seasonal Pattern Of Shipping Freight Rates, Wathanachai Raunglerdpanyagul
The Seasonal Pattern Of Shipping Freight Rates, Wathanachai Raunglerdpanyagul
Theses and Major Papers
This paper reviews the behavior of shipping freight rate by using the freight index as an proxy variable. A proxy variable is the one that is a substitute to the intended one because it is difficult to obtain. It was found that a seasonal pattern in the freight rate exists, but no specific estimated pattern of the seasonal variation was found. Generally, tramp freight rates rise above average level from February or March to June or July, and from September or October to December or January. The tanker freight rate, which differs from the tramp freight rate, has only one …
Optimum Yield And The Fcma: A Case For Economic Discrimination, Herrick J. Johnson
Optimum Yield And The Fcma: A Case For Economic Discrimination, Herrick J. Johnson
Theses and Major Papers
Marine Affairs thesis from the University of Rhode Island.