A research paper co-authored by ICMA Centre Academic Dr George Alexandridis on Economic information discovery across commodity markets has won a prestigious award at a leading annual conference of the International Association of Maritime Economists (IAME), which took place in Mombasa, Kenya on 11-14 September 2018.

The IAME Kyoto Conference Excellent Paper Award (IAME 25th anniversary commemoration prize) is sponsored by the Graduate School of Management, Kyoto University. It is awarded to the conference paper that has received one of the highest scores in the review process and has an important academic or practical contribution.

The paper currently titled “Economic Information Discovery Across Commodity Markets: New Evidence from a Dynamic Factor Model Approach” is co-authored by Dr. George Alexandridis, Associate Professor at the ICMA Centre; Professor Ilias Visvikis from the American University of Sharjah, UAE and Visiting Professor at the ICMA Centre; Dr. Satya Sahoo, Assistant Professor at the World Maritime University and ICMA Centre ex-PhD; and Dr. Jason Angelopoulos, President of the Regulatory Authority for Ports (RAL) in Greece.

The study examines economic information transmission between key commodity and maritime markets using a dynamic factor model, offering important insights that can be utilised as a leading indicator in facilitating decision-making for commodity houses, vessel charterers as well as shipowners. Dr George Alexandridis commented on the achievement:

We are delighted to have won this prestigious award and we are grateful for the recognition of our work by the IAME. The award reflects the ICMA Centre’s leading role in shaping the research agenda in the areas of shipping and finance. The study is the result of an excellent collaboration among leading authorities in the field and contributes significantly in the area of commodity trade and transport.

IAME President, Jan Hoffmann commented:

The new prize – only established last year, to commemorate our 25th anniversary – is fitting way to acknowledge this outstanding research. Having received the highest marks from independent peer reviewers, and having applied a novel research approach, the findings on “Economic Information Discovery across Commodity Markets” surely merit this recognition.