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Michelle Ma is an experienced professional with a robust background in freight and iron ore research. As General Manager and Senior Vice President of Research at The Caravel Group Limited since January 2014, Michelle leads research initiatives and strategic analysis. Prior roles at Noble Chartering included Vice President and Manager, where Michelle enhanced freight research structures and provided impactful trading suggestions. Experience as a Freight Analyst involved establishing foundational research and producing timely market reports. Earlier positions included roles at Louis Dreyfus Commodities, where contributions involved analyzing the freight market's dynamics in relation to China, and a Graduate Research Assistantship at Auburn University. Michelle holds an MBA in Supply Chain Management from Auburn University and a BS in International Shipping Management from Dalian Maritime University.