BØK 2841 Shipping Management 1- RE-SIT EXAMINATION

APPLIES TO ACADEMIC YEAR 2012/2013

BØK 2841 Shipping Management 1- RE-SIT EXAMINATION

Responsible for the course
Cathrine Bjune

Department
Department of Accounting - Auditing and Law

Term
According to study plan

ECTS Credits
6

Language of instruction
English

Introduction
This course (in combination with BØK 2842) offers a thorough introduction to the development, practice and economics of international shipping. It is aimed at students who wish to specialise in the management of shipping companies, work in ship-broking firms or with consultants, finance and insurance organizations that include shipping in their portfolios. The courses also facilitate entry into management positions in those sectors of international commerce, industry and civil service that are prime users of maritime services. The courses are designed as electives to be chosen in combination with specialisation's such as finance, logistics, project management, enterprise development and so on.

Objective
The course will introduce students to the role of maritime transport in international trade and to the specific tasks that face the executives of shipping companies and other organizations in the maritime industry. Students will be able to:
  • Describe ship types and measurement systems, as well as operational modes such as liner and bulk carrier trades;
  • Define the basic cost elements of ship operations;
  • Analyze the relationship between demand and supply for shipping services, and discuss basic principles of rate making;
  • Analyze freight markets;
  • Understand the newbuilding market
  • Understand chartering practice and its contracts.
  • Understand the dynamics of shipping business cycles in an economic perspective.
  • Understand ship finance

Prerequisites
None

Compulsory reading
Books:
Stopford, Martin. 2009. Maritime economics. 3rd ed. London : Routledge

Recommended reading

Course outline
  • The principal shipping markets, the demand for and supply of shipping services
  • Organization of shipping services - trade categories
  • Shipping operations, vessel categories and transport capacity
  • Maritime cargo and cargo handling technology
  • Costs and prices in shipping
  • Understanding the dynamics of shipping business cycles

Computer-based tools
None

Course structure
36 hours of lectures and group work


Examination
The course grade will be based on a four hour written examination

Examination code(s)
BØK 28411 - a four- hour written exam accounts for 100% of the final grade in the course BØK 2841 Shipping Management 1, 6 ECTS credits.

Examination support materials
BI-approved exam calculator and bilingual dictionary. TEXAS INSTRUMENTS BA II Plus™

Examination support materials at written examinations are specified under exam information in our web-based Student Handbook. Please note use of calculator and dictionary. http://www.bi.edu/studenthandbook/examaids

Re-sit examination
This course was lectured for the last time in the autumn semester of 2010. A re-sit exam will be offered every term from the autumn semester of 2011 and including the spring semester of 2013.

Additional information

Semesters

Translations