Study Programme conducted in English at Molde University College 2010/2011

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TRA815 International Shipping

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Course Code
TRA815

Course Name
International Shipping

Credits
15.00

Prerequisites

Same as the requirements for the MSc Logistics programme. A background in microeconomics and transport economics is recommended.

Semester
Spring

Location
Molde

Language Instruction
English

Language Assignments and Evaluation
English

Language Literature
English

Instruction
4 hours of lectures and seminars per week. The lecturing is paused when other intensive seminars are running.

Evaluation
An essay on a selected topic related to international shipping counts 40% of the final grade. The essay is normally to be written by two or three students together, and only one common grade is given to the group. The deadline for submission of the essay is the first Sunday after May 1.
A 4-hour written final individual examination counts 60% of the grade.. The final grade is a weighted sum of the grades given, regardless of a pass / non pass in the part-exams.


Grades
Letter (A - F)

Learning outcome

The successful candidate will have

  • Obtained a good overview of international shipping markets, including broad patterns of seaborne trade, and the markets for new and second-hand tonnage, including the market for demolition
  • Obtained a thorough knowledge about the international regulatory regime of international shipping, including elements of global agreements, and the processes leading up to such agreements
  • Obtained in-depth knowledge about one selected aspect of international shipping chosen as a topic for the essay
  • Improved his/her analytical and writing abilities through the guided process of essay-writing
Content

The shipping markets. Tramp trade or dry cargo spot market trading and liner conferences. Market for transport of goods in bulk and containers. Different market requirements and technical and organizational solutions. The role of different players in international shipping. Shipping law and international shipping policies. Efficiency and profitability of shipping markets. International procedures and contracts. Shipping registers, flag of convenience, classification. Shipping and the environment. Port policy, pricing and efficiency. The role of shipping in modern supply chains. Current international shipping problems and developments are analyzed.

Literature

Stopford, Martin. 2009. Maritime Economics. 3rd edition. Routledge
Under development: Harald M. Hjelle: An NMU e-book on maritime supply chains