APPLIES TO ACADEMIC YEAR 2013/2014

BIK 2935 International Shipping

Responsible for the course
Cathrine Bjune

Department
Department of Accounting - Auditing and Law

Term
According to study plan

ECTS Credits
7,5

Language of instruction
Norwegian and english

Introduction
The course will introduce students to the role of maritime transport in international trade and to the specific tasks, challenges and liabilities owners and charterers are exposed to.Shipping is one of the most regualted of all industries, which makes it crucial for all to understand how the laws, rules and contracts impact the day today decisoins to be made in the shipping companies. The course offers a thorough introduction to the development, practice, economics and legal framework of international shipping. It aims at students who wish to specialize in the management of shipping companies, work in shipbroking or with consultants, finance, law firms 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.

Learning outcome
Acquired knowledge:
The students will acquire an understanding of the rules relating to shipping, in particular the ship types and measurement systems, as well as operational modes such as liner and bulk carrier trades, the basic cost elements of ship operations and the relationship between demand and supply for shipping services. Shipping is one of the worlds most regulated industries, and the students will learn main laws and regulations that applies to shipping operations, including liability rules and limitation rules, as well as a knowledge of contracts law and standard contracts applicable to chartering, sale and purchase of ships and carriage of cargo and passengers.Tihs includes an understanding of the importance of relevant jurisdiction and applicable law clauses.

Acquired skills:
The course will enable the students to identify and use available information sources, laws and regulations in order to:

• Define liabilities and applicable rules
• Enter into contracts regarding sale and purchase, chartering and carriage of cargo and passengers
• Define the basic cost elements of ship operations and analyse the relationship between demand and supply for shipping services
• Apply baisc principles forrate making
• Analyse freight markets;
• Describe the organisation of shipping companies
• Understand chartering practice.
• Understand the dynamics of shipping business cycles.
• Identify common legal problems within above areas and to solve them using applicable laws and contracts.
• Identify the ship owners legal liabilities in contract and in tort
• Solve practical legal cases of a maritime nature
• Interpret commonly used standard contracts such as Bills of Ladings, Charterparties and contracts used for the sale and purchase of ships

• Shiping and markets
• Cargoes and trades
• Newbuilding, Sale and Purchase and scrapping of vessels
• International Maritime Law
• National laws and international conventions
• Standard contracts
• Contracts of affreightment and charterparties
• Chartering
• Voyage calculations
• Shipowners liabilities
• Carriers liability to cargo and passengers
• Limitation rules
• Maritime Liens
• Case work