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Okan DURU

Assistant Professor

Nanyang Technological University, Singapore

Vice-Chair, IEEE Computational Intelligence for Finance and Economics Technical Committee
Council Member, International Association of Maritime Economists

Dr. Duru is a scholar in the shipping business, forecasting and decision-making fields. His research motivation comes from emerging debates in the shipping business while developing original methods in forecasting and decision science. He challenges common perceptions as well as addressing the Behavioral Economics of Shipping Business.

He received his bachelor degree from the Department of Maritime Transportation Management Engineering at Istanbul Technical University (2003). While he was studying the Master of Engineering degree (Maritime Transportation Engineering) in Istanbul Technical University, he was working on board chemical tankers from time to time. He joined to the Istanbul Technical University as a Research Fellow in 2006. He graduated from the Department of Maritime Transportation Engineering (MEng.) in 2007.

In 2007, he was awarded for the MSc/PhD scholarship at Kobe University by the Ministry of Education, Culture, Sports, Science and Technology of Japan. He moved to Kobe, Japan and completed his Master of Science degree at the Department of Maritime Logistics, Kobe University in 2009.

Okan Duru completed his Ph.D. at the Graduate School of Maritime Sciences, Kobe University. The dissertation title is the Economic Analysis on the Long term assessment of Dry Bulk Shipping.

He has published many journal papers and conference papers. He reviewed several papers for International Journal of Forecasting, Transportation Research Part E: Logistics and Transportation Review, Technological Forecasting and Social Change, Maritime Policy and Management, European Journal of Operational Research, Journal of the Operational Research Society-JORS, Applied Soft Computing, Fuzzy Sets and Systems, International Journal of Fuzzy Systems, among others.

Dr. Okan Duru is married to Kazue Duru (Taguchi) with two sons.

EDUCATION

PhD

Doctor of Philosophy in Maritime Science & Technology, Graduate School of Maritime Sciences, Kobe University, Japan, 2012

Economic analysis on the long-term assessment of dry bulk shipping Download

MSc

Maritime Science & Technology, Graduate School of Maritime Sciences, Kobe University, Japan, 2009

Comparative analysis of judgmental and statistical forecasting for dry bulk freight market

MEng.

Maritime Transportation Engineering, Institute of Science, Istanbul Technical University, Turkey, 2007

Turkish coal import shipping supply-demand analysis

BEng.

Maritime Transportation Management Engineering, Maritime College, Istanbul Technical University, Turkey, 2003

EXPERIENCE

2017-present, Assistant Professor of Maritime Studies, Nanyang Technological University Singapore.

2015-2016, Assistant Professor of Maritime Finance and Logistics, Texas A&M University at Galveston (TAMUG).

2013-2015, Visiting Scholar/ Research Fellow, IMaRC, Kobe University

2013-2015, Assistant Professor, Faculty of Maritime, Izmir Katip Celebi University, Turkey.

2006-2013, Research Fellow, Faculty of Maritime, Istanbul Technical University, Turkey.

2005-2006, Research Fellow, Department of Mercantile Marine Transport, Ministry of Transport, Under secretariat of Maritime Affairs.

2004, Journalist, ‘Dunya’ daily financial newspaper.

2003-2004, Project Member, Istanbul Technical University, Turkey (In cooperation with Japan International Cooperation Agency-JICA and Kobe University).

RESEARCH INTERESTS

Computer Intelligence for Finance and Economics

Economic Pluralism in Shipping Economics

Shipping Markets and Freight Rate Theory

Shipping Asset Management

Maritime Policy

Decision Support Systems (DSS)

Forecasting Support Systems (FSS)

Fuzzy Time Series (FTS) modeling

SOCIETIES

American Economic Association (AEA)

International Association of Maritime Economists (IAME)

Institute of Electrical and Electronics Engineers (IEEE) - Computational Intelligence Society (CIS)

World Conference on Transport Research Society (WCTRS)

Japan Society of Logistics and Shipping Economics (JSLSE)

Korean Association of Shipping and Logistics (KASL)

International Maritime Statistics Forum (IMSF)

GRANTS & AWARDS

Korea Shipowners Association, Commended Paper Award, Keelung, Taiwan, 2016

Best Student Paper Award (Co-Author), IAME 2015, Kuala Lumpur

EAGLE Prize, International Association of Maritime Economists, Taipei, 2012

Shortlisted for Ikushi prize of Emperor of Japan by Kobe University, 2012

Tincel Culture Foundation, Research Grant, 2012

Japan Society of Logistics & Shipping Economics, International Exchange Award, 2011

Turkish Academy of Sciences, Encouragement Award: 2010, 2012

Istanbul Technical University, Encouragement Award: 2010, 2012

Nobuko UMEKI travel grant, Kobe University: 2008, 2009, 2010, 2011, 2012

Monbusho Scholarship, Japan Ministry of Education, Culture, Sports, Science and Technology, 2007 (for five years)

SCIENTIFIC AFFILIATIONS

Council Member, the International Association of Maritime Economists

Vice-Chair, IEEE Computational Intelligence for Finance and Economics Technical Committee

Editor-in-Chief, The Maritime Economist Magazine (ME Mag), IAME (2014-2018)

Associate Editor, Maritime Business Review (Emerald) (2016- )

Editorial Board Member, Asian Journal of Shipping and Logistics (Elsevier BV) (2013- )

Editorial Board Member, Maritime Business Review, Emerald (2016- )

Program Co-Chair (with Robert Golan, Ronald Yager), Computer Intelligence for Finance and Economics IEEE Symposium Series on Computational Intelligence (IEEE SSCI) 2017, Honolulu, Hawaii.

Session Chair & Organizer (with Matthew Butler, Amazon Co.), Computer Intelligence for Finance and Economics IEEE World Congress on Computational Intelligence (IEEE WCCI) 2016, Vancouver, Canada.

Scientific Committee Member, the Conference of International Association of Maritime Economists, Norfolk VA, 2014/ Kuala Lumpur, 2015/ Hamburg, 2016/ Kyoto, 2017

Organizing Committee Member, the Conference of International Association of Maritime Economists, Kyoto, 2017

Steering Committee Member, IEEE CIFEr Computational Intelligence for Financial Engineering and Economics, IEEE SSCI 2016, Athens Greece.

Guest Editor (with Chin-Shan Lu), International Journal of Shipping and Transport Logistics (InderScience) (IAME 2016)

Guest Editor (with Theo Notteboom), Asian Journal of Shipping and Logistics (Elsevier BV) (IAME 2016 Special Issue, March 2017)

Guest Editor (with Joan P. Mileski, Christopher Clott), Maritime Business Review (Emerald) (IAME 2016)

Steering Committee Member, the Asian Logistics Round Table (ALRT) 2015 Conference, Taipei.

Steering Committee Member, the "One Belt, One Road" (OBOR) Conference at RMIT University, 1-2 Dec. 2016, Melbourne Australia.

Program Committee Member, the 2015 IEEE International Conference on Fuzzy Systems (FUZZ-IEEE 2015), Istanbul.

Guest Editor with Wayne Talley, Mary R. Brooks and Gi-Tae Yeo, Asian Journal of Shipping and Logistics, Special Issue December 2014.

Assistant Editor, Journal of Maritime Research, IMaRC, Kobe University

Guest Editor with Okan Tuna, Asian Journal of Shipping and Logistics, KASL & Elsevier BV, Special Issue August 2013.

Conference Organization Committee Member, WCTR Young Initiative 2013, Rio de Janeiro.

Organizing Committee Member, V. National Maritime Congress, Turkey, 11th November 2013.

Commentator, the Conference of International Association of Maritime Economists, Taipei, 2012.

Chair, Contributed session: Fuzzy Forecasting, International Symposium of Forecasting 2011, Prague.

Chairman, World Maritime University & Kobe University Joint Meeting, Workshop on logistics research, 2010.

Reviewer for

Maritime Policy and Management, Taylor & Francis

Transportation Research Part E: Logistics and Transportation Review, Elsevier B.V.

Transportation Research Part D: Transport and Environment, Elsevier B.V.

Transportation Research Part A: Policy and Practice, Elsevier B.V.

Transportmetrica B: Transport Dynamics, Taylor & Francis

Journal of Statistical Theory and Practice, Taylor & Francis

Transport Journal, Taylor & Francis

Asian Journal of Shipping & Logistics, Elsevier B.V. & KASL.

Ocean Engineering, Elsevier B.V.

WMU Journal of Maritime Affairs, Springer Verlag

Eastern European Economics, Taylor & Francis

Applied Soft Computing, Elsevier B.V.

IEEE Transactions on Engineering Management, IEEE Xplore

International Journal of Production Research, Taylor & Francis

Technological Forecasting and Social Change, Elsevier B.V.

Journal of the Operational Research Society, Palgrave McMillan.

European Journal of Operational Research, Elsevier B.V.

Fuzzy Sets and Systems, Elsevier B.V.

Complexity, Wiley

KMI Ocean Policy Journal

Journal of Risk and Reliability, Taylor & Francis

Mathematical Problems in Engineering, Hindawi

International Journal of Forecasting, Elsevier B.V.

International Journal of Production Research, Taylor & Francis

International Journal of Fuzzy Systems, Taiwan Fuzzy Systems Assoc.

Conference of International Association of Maritime Economists,

International Forum on Shipping, Ports and Airports, among others.

Book Reviews

The Shipping Man (A Novel), Matthew McCleery (Author), Marine Money International, 2nd edition (Asian Journal of Shipping and Logistics, in press).

Maritime Governance and Policy Making, Michael Roe (Author), Springer-Verlag, London, 2013, first edition (Asian Journal of Shipping and Logistics, Vol.29 (3) Dec 2013 Issue).

Dynasties of the Sea: The Shipowners and Financiers Who Expanded the Era of Free Trade, Lori Ann LaRocco (Author), Matthew McCleery (Epilogue, Preface), Martin Stopford (Afterword), Lawrence Lindsey (Foreword), Marine Money, Intl.; 1st edition (November 12, 2012) (Asian Journal of Shipping and Logistics, Vol.29(2) Aug 2013 Issue).