BØK 2842 Shipping Management 2 - RE-SIT EXAMINATION

APPLIES TO ACADEMIC YEAR 2012/2013

BØK 2842 Shipping Management 2 - 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 2841) offers a thorough introduction to the development, practice and economics of international shipping. It aims at students who wish to specialise in the management of shipping companies, work in shipbroking 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 specializations such as finance, logistics, project management, enterprise development and so on.

Objective
The course will provide an understanding of commercial practices and the legislative and contractual framework of international shipping. Students will be able to:
  • understand the basics of the sale and purchase of a ship
  • understand the structure of shipowning entities as well as ship registration
  • understand commercial shipping contracts
  • understand special issues in shipping accounting
  • understand voyage calculations and laytime statements;
  • understand shipping finance
  • relate to central issues of maritime law and insurance

Prerequisites
None

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

Recommended reading

Other:
A dynamic selection of articles will be discussed and analyzed in class and group work
Skipsfartens bok. Norges maritime næringer. (Webaddress: www.breakwater.se)


Course outline
  • Second-hand purchase and sale agreements
  • Closing procedure
  • Ship owning entities
  • Ship registry
  • Charter-parties and bills of lading - liability and limitation
  • Voyage calculation and laytime statements
  • Risk and insurance of vessels and cargo
  • Investments analysis in shipping
  • Tax regimes, regional and national regulation of competition and subsidies

Computer-based tools


Course structure
36 hours lectures and group work


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

Examination code(s)
BØK 28421 - a four-hour written exam, accounts for 100% of the total grade in the course BØK 2842 Shipping Management 2, 6 ECTS credits.

Examination support materials
BI-approved exam calculator (TEXAS INSTRUMENTS BA II Plus™) and bilingual dictionary
Examination support materials at written examinations are specified under exam information in our web-based Student Handbook. Please note the use of calculator and dictionary, http://www.bi.edu/studenthandbook/examaids.

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

Additional information

Semesters

Translations