MA/LLM in Maritime Law and Shipping Business

The Programme is currently under evaluation by the Cyprus Agency of Quality Assurance and Accreditation in Higher Education. It is expected that the Programme will be accredited and offered in the academic year 2016-2017.


MA in Maritime Law and Shipping Business or LLM in Maritime Law and Shipping Business, according to study path

Program’s language of instruction: English

Duration of studies:

The duration of the MA programme will be 18 months (i.e. three semesters) for full time or 36 months (i.e. six semesters) for part time attendance.

For the successful completion of the programme, 90 ECTS are required. The program is offered in three semesters and each semester corresponds to 30 ECTS.

Program’s purpose and objectives:

Approximately 90 per cent of the international trade in goods by volume is currently carried by sea, despite the development of other means of transport. When it comes to transport, it is maritime transport which undisputedly provides the principal means of carriage of goods. Likewise, globalisation means that sea transport will continue to play a pivotal role in trade particularly in the European Union. No other continent has such a long and diverse shoreline in relation to its total surface area to serve its trade. Also, the concentration of ports in the European Union is the highest in the world and the EU-controlled commercial fleet is by far the largest in the world. Cyprus, as an established EU Member, is among the top maritime countries in the world and is already an established maritime and commercial business hub.

Despite its international character, the shipping sector is highly regulated compared to other sectors of the economy that also operate in a global business context. In reality, the shipping sector needs legal advisors and managers who are well equipped with knowledge on both legal and business subjects, capable of functioning in different jurisdictions and dealing with a plethora of legal and business challenges.

Therefore, understanding the interrelation between regulations, transportation business, economic growth and globalisation has become an even more demanding and complex task. Against this, any advocate or business professional has to be an expert in both disciplines: Law and Shipping Business – in order to establish himself as a credible consultant. It is therefore the ambition of this Programme to provide students with a thorough understanding of the integration of Law & Business. This practically means that the modern shipping professional, either jurist or manager, will be educated on the detailed international regulatory framework as well as the specialised managerial and business practices, the economics that govern this sui generis industry; and this will be their competitive advantage.

Accordingly, the Programme covers all legal subjects that are necessary for a maritime lawyer; at the same time, it prepares students to become maritime business executives. The proposed Postgraduate Degree aims to develop this combination of essential knowledge and skill-sets, much needed today in the maritime sector.

The programme includes, among others, the subjects of:

Maritime law, Law of Carriage of Goods by Sea and other Modes, Marine Insurance Global Trade Regulations, Banking and Shipping Finance, Ship Management and Economics of Sea Transport, Jurisdiction issues and Alternative Dispute Resolution, and International Trade Patterns. The aforementioned subjects are at the heart of the programme and constitute an outstanding curriculum of academic credentials that is useful for any law and business practitioner who wishes to specialise in the shipping industry.

A wide range of opportunities, in demanding and challenging posts, is available to prospective graduates. The diversity of the maritime sector and subsector activities (forming the maritime industry), as well as of the world trade and transport includes many hundreds of large, medium and small firms (and many thousands operating internationally) all of them relying in varying degrees upon skilled and versatile professionals. In this context, our programme has been carefully considered and designed to produce professionally competent and skilful lawyers and managers that are able to work at high executive levels.

Indicatively, the sectors of society and the economy that will benefit from the added value of this programme’s graduates are: 1) Public sector agencies with regulatory responsibilities and other public interest national and international organisations, 2) Onshore and offshore personnel of maritime companies, 3) Legal and judicial sector, 4) Banking and finance sector, 5) Trade business sector, even 6) Research and academic sector.

All those need to be able to draw upon the same pool of well-educated people. It is also worth mentioning that the Programme is unique in Cyprus and one of the few offered worldwide.

Intended learning outcomes:

Upon successful completion of this programme, the students should be able to:

  • Advise, litigate and negotiate based on the rules of admiralty, international trade, and marine insurance, law of carriage of goods, corporate law and the relevant regulatory context.
  • Demonstrate negotiation skills, communication and professional skills, both oral and written.
  • Apply independent analysis, research and writing on both law and business.
  • Understand the aspects relating to international dispute resolution (conventional and alternative dispute resolution) and the importance of cooperation and amicable dispute settlement without the sacrifice of efficiency and perseverance in justifiable goals and rights.
  • Demonstrate a comprehensive knowledge and understanding of the structures, processes and institutional practices of shipping and trade in the global marketplace.
  • Apply tools and techniques relevant to various aspects of the shipping business, along with broad business skills required in managerial roles within the maritime and associated industries.
  • Develop, implement and promote activities relevant to law, shipping business, international trade and shipping management by making good use of the combined knowledge from the aforementioned disciplines and critically assess the situations and phenomena of the industry as educated professionals.
  • Demonstrate the appropriate knowledge and application of methods required to proceed to a research degree (MPhil, PhD etc.)

Courses - FINANCIAL MANAGEMENT

Module GroupECTS
Required Courses48
Specialisation Electives12
Postgraduate Assignment30
TOTAL90

Required Courses Modules

The student must successfully complete 48 ECTS, from the following list of modules:
No.CodeNameECTSHours / week
1ITSM501INTERNATIONAL TRADE AND SHIPPING MANAGEMENT83
2MLSB502INTERNATIONAL MARITIME LAW 83
3MLSB503LAW OF CARRIAGE OF GOODS83
4MLSB504MARINE INSURANCE83
5MLSB505DISPUTE RESOLUTION83
6MLSM506RESEARCH METHODS83

Specialisation Electives Modules

The student must successfully complete 12 ECTS, from the following list of modules:
No.CodeNameECTSHours / week
1ITSM513BANKING AND FINANCE63
2ITSM514ECONOMICS OF INTERNATIONAL TRADE AND TRANSPORT63

Postgraduate Assignment Modules

The student must successfully complete 30 ECTS, from the following list of modules:
No.CodeNameECTSHours / week
1MLSM520DISSERTATION303

Courses - SHIP MANAGEMENT

Module GroupECTS
Required Courses48
Specialisation Electives12
Postgraduate Assignment30
TOTAL90

Required Courses Modules

The student must successfully complete 48 ECTS, from the following list of modules:
No.CodeNameECTSHours / week
1ITSM501INTERNATIONAL TRADE AND SHIPPING MANAGEMENT83
2MLSB502INTERNATIONAL MARITIME LAW 83
3MLSB503LAW OF CARRIAGE OF GOODS83
4MLSB504MARINE INSURANCE83
5MLSB505DISPUTE RESOLUTION83
6MLSM506RESEARCH METHODS83

Specialisation Electives Modules

The student must successfully complete 12 ECTS, from the following list of modules:
No.CodeNameECTSHours / week
1ITSM512COMMERCIAL MANAGEMENT OF SHIPS63
2MLSB511SHIP MANAGEMENT63

Postgraduate Assignment Modules

The student must successfully complete 30 ECTS, from the following list of modules:
No.CodeNameECTSHours / week
1MLSM520DISSERTATION303

Courses - TRADE REGULATIONS AND PRACTICE

Module GroupECTS
Required Courses48
Specialisation Electives12
Postgraduate Assignment30
TOTAL90

Required Courses Modules

The student must successfully complete 48 ECTS, from the following list of modules:
No.CodeNameECTSHours / week
1ITSM501INTERNATIONAL TRADE AND SHIPPING MANAGEMENT83
2MLSB502INTERNATIONAL MARITIME LAW 83
3MLSB503LAW OF CARRIAGE OF GOODS83
4MLSB504MARINE INSURANCE83
5MLSB505DISPUTE RESOLUTION83
6MLSM506RESEARCH METHODS83

Specialisation Electives Modules

The student must successfully complete 12 ECTS, from the following list of modules:
No.CodeNameECTSHours / week
1ITSM515GLOBAL TRADE REGULATIONS AND PRACTICE63
2MLSB516ADVANCED CHARTERING PRACTICE AND LEGAL ISSUES63

Postgraduate Assignment Modules

The student must successfully complete 30 ECTS, from the following list of modules:
No.CodeNameECTSHours / week
1MLSM520DISSERTATION303