Since 1983, the Shipping, Trade and Finance Centre's pioneering research has educated a generation of business leaders. Moreover, it has shaped business practices in Shipping, Trade and Finance and Energy industries.
Research is central to The Centre's activities, and its close proximity to the City of London has promoted close association with commerce and industry.
The Centre's excellent relationships with business, policy makers and institutions, and the quality of its research, attract the very best speakers and delegates to its symposiums, biennial meetings and conferences. They feature prominent figures from commerce, finance and industry, as well as government and international organisations. As such, they are recognised as the leading forums for debate and exchange of new ideas.
The Centre can test theoretical approaches against the realities of practice and the result is a body of rigorous and informed research, combined with a productive and dynamic relationship with those who can use it in the practicalities of day-to-day business.
All research at The Centre is driven by the needs of business, and is shared with industry, academia and policy makers, through conferences and seminars. Research is also shared with students via the Centre's MSc courses.
Research scope is extensive, ranging from Shipping Finance and Economics to Risk Management, Energy and Commodity Trade and Finance. The Centre is also renowned internationally for producing innovative research in Modelling and Forecasting.
Overview of the key elements of research by The Centre's faculty members
Professor Michael Tamvakis
Prof Michael Tamvakis trained as an economist at the Athens University of Economics and Business in Greece. He joined the Centre for Shipping, Trade and Finance at Bayes Business School in 1989. He has served as Director of the MSc in Shipping Trade and Finance, Associate Dean (Undergraduate Programmes) and Director of the MSc in Energy Trade and Finance.
He lectures in energy economics, power & renewable markets, international commodity trade, commodity derivatives & trading, and shipping economics. His research interests are in the areas of energy derivatives and commodity economics.
Professor Nikos Nomikos
Prof Nikos Nomikos expertise is in Ship Finance, Risk Management and Asset Pricing for Shipping and Commodity Markets. Examples of his research include the development of ship valuation models, designing shipping indices and market benchmarks, structuring risk management products, valuation of freight derivative contracts, big-data analytics for assessing market dynamics and sustainable finance. Nikos has published more than 50 papers in peer-review academic journals. He commenced his career at the Baltic Exchange as Head of Market Analytics where he oversaw the development of shipping indices that are currently used in the market as pricing benchmarks. Prof Nomikos collaborates widely with corporations both as consultant as well as educator and acts as expert witness on shipping related cases.
Professor Amir Alizadeh
Prof Amir Alizadeh work has been published in several academic journals in the area of Transportation, Finance and Economics. His expertise is in Asset pricing, Commodity and Financial Futures Markets, Financial Derivatives, Financial Derivatives Pricing, Financial Derivatives and Risk Management, Risk Management Using Financial and Commodity Derivatives, Shipping Risk Management, Volatility Modelling and Forecasting.
Dr Nikos Papapostolou
Dr Nikos Papapostolou research interests are in the field of shipping investment and finance, with a focus on capital markets as a source of finance for shipping companies, investors’ sentiment and behavior in the shipping industry, freight options pricing and vessel valuation, technical analysis trading rules, and commodity derivatives.
Dr Panos Pouliasis
Dr Panos Pouliasis research interests are in the area of Commodity and Shipping Risk Management, Volatility-Correlation Modelling and Forecasting, Financial Econometrics, Index Tracking and Investor Sentiment in the Shipping Markets. His research has appeared in leading academic journals such as Review of Finance, Energy Economics, Transportation Research, Journal of Banking and Finance, Journal of Futures Markets, Quantitative Finance.
Dr Ioannis Moutzouris
Dr Ioannis Moutzouris has been conducting research at the Costas Grammenos Centre for Shipping, Trade and Finance since 2013. His expertise is in the areas of Asset Pricing, Behavioural Finance, Commodity Markets, Corporate Finance, Fintech, Shipping Analytics, and Shipping Finance. His research has been published in commodity, finance, and shipping international academic journals. He also acts as an academic adviser, analyst, and researcher at the Maritime Directorate of the UK Department for Transport.
Members of the Faculty and PhD students publish and present research findings in leading academic journals and at academic conferences worldwide.
Mr E.E. Mitropoulos, Secretary-General, International Maritime Organisation
"The International Centre for Shipping, Trade and Finance has grown in strength and stature since its inception 21 years ago and now enjoys international recognition, not just for the high quality of its degree courses and the excellence of its graduates, but also for the high standard of its applied research in its specialist areas."