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Okan Duru, PhD, Behavioral Economics of Shipping Business, Forecasting, Judgment and Decision Making, Texas A&M University at Galveston, TAMUG

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Coming soon…

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IEEE Computational Intelligence Magazine (SCI 6.343 Impact Factor)

Special Issue on

Computational Intelligence in Finance and Economics

Guest Editors

Okan Duru, Robert Golan, David Quintana, Vasile Palade

Submission Deadline: December 31st, 2017

 

NEW BOOK CHAPTER

 

 

Analytic Hierarchy Process (AHP) in Maritime Logistics: Theory, Application and Fuzzy Set Integration

Emrah Bulut and Okan Duru

 

In Multi-Criteria Decision Making in Maritime Studies and Logistics

Editors: Paul Tae-Woo Lee,  Zaili Yang

 

 

 

NEW PUBLICATION

 

RTBM  JOURNAL ELSEVIER transport business ile ilgili görsel sonucu

 

U.S. tanker transport: Current structure and economic analysis

Okan Duru, Christopher Clott and Joan P. Mileski

Research in Transportation Business & Management

(in press)

 

 

NEW REPORT

 

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The Value of Commercial Marine Shipping to Canada

the Council of Canadian Academies

 

 

 

NEW PUBLICATION

 

MARITIME 01(pdf)

 

Motivations behind irrationality in the shipping

asset management: Review of fundamental theory and practical challenges

Okan Duru

 

Maritime Business Review

 

 

NEWS

 

IAME

Okan Duru is the Council Member

Okan Duru has been elected as a Council Member of the International Association of Maritime Economist for 2016-2018 period in Hamburg, Germany.

 

NEW PUBLICATION

 

RTBM  JOURNAL ELSEVIER transport business ile ilgili görsel sonucu

 

Port governance in Turkey: The age of the global terminal operators

Soner Esmer and Okan Duru

Research in Transportation Business & Management

(in press)

 

NEW PUBLICATION

 

MARITIME POLICY AND MANAGEMENT ile ilgili görsel sonucu

 

Heuristic Estimation of Container Stacking and Reshuffling Operations under the Containership Delay Factor and Mega-Ship Challenge

Amir Hossein Gharehgozli, Joan Mileski, Okan Duru

 

Maritime Policy and Management

(in press)

This paper introduces the probability of delay (PD), probability of delay of a ship; reshuffles given delay (RGD), magnitude of likely number of reshuffles; and call size at delay (CSD), the number of containers to be loaded on the ship, to estimate the expected number of reshuffles.

 

Figure 8. The relationship between PD () and RGD () for a ship with CSD () = 4,000 TEU.

 

Note. Color scale is http://www.mathworks.com/help/releases/R2015b/matlab/ref/colormap_jet.png, where dark blue shows the smallest expected number of reshuffles and dark red shows the largest expected number of reshuffles.

 

 

NEWS

 

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Okan Duru received the Korean Shipowners’ Association Prize

Okan Duru received the KSA Prize for the paper titled “An Inquiry into the Economics of Shipping: Measurement of Supply and Demand” in Keelung, Taiwan.

 

 

NEW ROLE

 

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Okan Duru is now Vice-Chair of the IEEE Computational Finance and Economics Technical Committee.

WCCI 2016 Conference in Vancouver, Canada hosted the committee meeting.

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PUBLICATION

 

Spectral Dynamics of Dry Cargo Shipping Markets:

Theory of Long Waves – Fact or Artifact?

Jason Angelopoulos, Okan Duru, Constantinos Chlomoudis

International Journal of Transport Economics

 

 

SPECIAL ISSUE

 

Logo: IAME 2016 Hamburg             The Asian Journal of Shipping and Logistics

 

IAME 2016 Hamburg

August 23-26, 2016

Special Issue:

Port Innovation, Productivity and

Development

Guest Editors

Theo Notteboom, Michele Acciaro and Okan Duru

 

 

 

 

NEWS

 

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2017 IEEE Symposium on

Computational Intelligence for Financial Engineering & Economics (IEEE CIFEr'17)

the Hilton Hawaiian Village Resort in Waikiki (Honolulu), Hawaii

Nov 27, 2017 - Dec 1, 2017

 

Co-Chairs

 

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 Ronald Yager          Robert Golan            Okan Duru

 

 

 

 

 

“Kondratiev Cycles (45-50 years) are found very significant based on the long term freight index.”

“ ‘Silent Period’ highlights the centennial decline of freight rates in the 19th century.”

 

 

NEWS

 

MARITIME 01(pdf)      https://npdireland.files.wordpress.com/2014/05/emerald_logo.jpg

 

New Journal!

Maritime Business Review (MABR)

Editor-in-Chief

Chin-Shan Lu

  

NEWS

IAME

Best Student Research Award

to the Co-Author, Jason A.

Best Student Research Award is given to Jason Angelopoulos, University of Piraeus (Greece), for his paper titled “Spectral Dynamics of Dry Cargo Shipping Markets Theory of Long Waves – Fact or Artifact?” Dr. Okan Duru (Department of Maritime Administration, Texas A&M University at Galveston) also received award as a co-author of the paper. The award is sponsored by Department of Shipping, Trade and Transport, the University of the Aegean, and a prize of €1,000 is presented to student author, Jason. Constantinos Chlomoudis from University of Piraeus also contributed to the paper as a co-author.

 

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Okan Duru, Nikitas Nikitakos, Helen Thanopoulou, Jason Angelopoulos and Athanasios A. (Thanos) Pallis (From left to right)

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NEWS | INTERVIEW

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Missing Cargo Ship Highlights Vulnerability of Aging U.S. Fleet Read the article

“One of the surprises in the case of the El Faro is that a 40-year-old ship is still navigating,” said Okan Duru, an Assistant Professor of Maritime Finances and Logistics at the Department of Maritime Administration of Texas A&M University, Galveston. “But if a ship is built in the United States, the expectation is that it is put in service for a very long time.”…

 

NEWS | INTERVIEW

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Dr. Okan Duru will join live discussion on the aging U.S. fleet and El Faro tragedy

Tuesday, October 20, 2015 at 11am East Time

Knowledge@Wharton is a daily, call-in business interview program, broadcasting live from The Wharton School's historic Ivy League campus. Host Dan Loney goes behind the headlines with world-renowned Wharton professors, distinguished alumni and expert guests. Listen to Knowledge@Wharton Monday through Friday, 10a-12p, EST on SiriusXM channel 111.

 

NEWS

Port Performance Research Network, Kuala Lumpur

Port Performance Research Network (PPRN) meeting was held in Kuala Lumpur on 23th August 2015 and Dr. Grace Wang, Texas A&M University Galveston, and Dr. Athanasios Pallis, the University of the Aegean, served as the chair of the planning committee. Texas A&M University at Galveston sponsored the event and Dr. Okan Duru represented the institution in IAME 2015 Conference. PPRN is an informal network of maritime economists interested in issues of port policy. Founded and chaired by Dr. Mary R. Brooks, it was established at the International Association of Maritime Economists 2001 meeting in Hong Kong to undertake empirical testing of antecedents for port performance and governance and to identify key successes and failures in port reform.

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NEWS

IAME 2017 will be held in Kyoto, Japan

Dr. Okan Duru is a committee member for IAME 2017 Kyoto, Japan. IAME 2017 will be held in Kyoto based on IAME Council decision taken at the time of IAME 2015, Kuala Lumpur.

21122086478_c7054d3f56_o  Committee of IAME 2017 Organization

 

 

 

 

 

 

NEWS

New

The Maritime Economist

Spring 2016

 

 

 

"Read

PUBLICATION

 

A Multi-Dimension QFD Design for the Service Quality Assessment of Kansai International Airport-Japan

Emrah Bulut, Okan Duru, Sheng Teng Huang

Total Quality Management & Business Excellence

Taylor & Francis

 

 

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NEWS

 

The Maritime Economist

Winter 2016

 

 

 

"Read

PUBLICATION

Forthcoming | IAME 2014 Selected Paper

 

Multi-dimensional Service Improvement under the Multi-Customer Nature of Port Terminal

Sheng Teng Huang, Emrah Bulut, Okan Duru

 

Guest Editors: Mary R. Brooks, Venus Lun, and Stephen Pettit

Int. Journal of Shipping and Transport Logistics, InderScience Publishers

 

 

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SPECIAL SESSION

 

IEEE WCCI 2016, Vancouver

Special Session:

Computer Intelligence for Economics and Finance

Okan Duru, Texas A&M University

Matthew Butler, Amazon Co. LLC

" Read

INVITED TALK

Logistics and Transport Conference to Exchange Best Practices on Regulations and Experiences In ASEAN Region

December 11th, 2014, Hanoi, Vietnam

 

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ARTICLE

 

The Ship Mortgage Crisis

How ship valuation methods rationalized toxic shipping portfolio and ship covered bonds

Okan Duru

 

ARTICLE

 

Freakonomics of Shipping Business

Do Marine Accidents ‘accidentally’ happen? Okan Duru

 

 

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LECTURE

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Special Lecture

Behavioral Economics of Shipping Business

Okan Duru

 

The Hong Kong Polytechnic University,

Department of Logistics & Maritime Studies

November 28th, 2014

 

CONFERENCE

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ICASL 2014, Seoul, Korea

October 31st 2014

"Read

 

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PUBLICATION

 

Accepted Paper

Rotational alternative priority investigation method in analytic hierarchy process design: An empirical study on marine engine selection problem

Emrah Bulut, Okan Duru, Gazi Kocak

 

Applied Mathematical Modelling,

Elsevier BV

"Read

PUBLICATION

 

Accepted Paper

Service quality assessment in liner shipping industry: An empirical study on Asian shipping case

Sheng Teng Huang, Emrah Bulut, Okan Duru, Choi Na Young Hwan, Shigeru Yoshida

 

Int. Journal of Shipping and Transport Logistics, InderScience Publishers

"Read

 

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PUBLICATION

 

Accepted Paper

A non-linear clustering method for fuzzy time series: Histogram damping partition under the optimized cluster paradox

Okan Duru, Emrah Bulut

 

Applied Soft Computing,

Elsevier BV

"Read

NEW POST

 

Editorial Post

Okan Duru is assigned for Co-Editor of IAME Newsletter. He will also lead for THEMARITIME Economist (IAME Magazine) project.

Int. Assoc. of Maritime Economists

"Read

 

 

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INTERNATIONAL ASSOCIATION

of

MARITIME ECONOMISTS

 

 

 

 

 

 

 

 

CONFERENCE

 

Presentation

Motivations behind Irrationality in the Shipping Asset Management: Assumptions Drive Investors

Okan Duru

 

IAME 2014, Norfolk VA, USA

July 16th, 2014

"Read

SPECIAL ISSUE

 

“Port Management Studies”

Guest Editors:

Michael Dooms and Francesco Parola

AJSL will organize a Special Session and publish a Special Issue from selected papers at

IAME 2015, Kuala Lumpur, Malaysia

 

The Asian Journal of Shipping and Logistics, Elsevier BV

"Read

 

 

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CONFERENCE

 

Special Session: How to Review a Paper

Moderator: Mary R. Brooks

Okan Duru, Editor, The Asian Journal of Shipping and Logistics

David A. Menachof, Editor of the International Journal of Logistics: Research and Applications

 

IAME 2014, Norfolk VA, USA

July 17th, 2014

"Read

PUBLICATION

 

SSRN Online

The Role of Predictions in Transport Policy Making and the Forecasting Profession: Misconceptions, Illusions and Cognitive Bias

Okan Duru

 

Social Science Research Network

"Read

 

 

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SPECIAL ISSUE

Special Issue

AJSL will publish a Special Issue from selected papers at IAME 2014, Norfolk, VA.

Editors: Okan Duru, Wayne Talley, Mary R. Brooks, and Gi-Tae Yeo

 

The Asian Journal of Shipping and Logistics, Elsevier BV

"Read

BOOK REVIEWS

The Shipping Man (A Novel)

By Matthew McCleery

Upcoming Book Review

Okan Duru

 

The Asian Journal of Shipping and Logistics, Elsevier BV

"Read

 

 

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CONFERENCE

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Presentation

Irrationality in politics and governance of maritime affairs: The collapse of sovereign maritime governance

Okan Duru

 

AI-MAST 2014, Mokpo, S. Korea

Mokpo National Maritime University

May 15-17, 2014

"Read

SEMINAR

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Special Lecture

Functions of Maritime Governance

and Maritime Policy:

Focus of Rule-maker and Illusion of Control

Okan Duru

 

Multimodal Transport Operation (MTO) and Discussion on the Curriculum Development,

Savannakhet University, Lao PDR

March 13-14, 2014

"Read

 

 

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