| Course Unit Title | SHIP MANAGEMENT |
| Course Unit Code | ATSM201 |
| Course Unit Details | |
| Number of ECTS credits allocated | 5 |
| | Learning Outcomes of the course unit | By the end of the course, the students should be able to:- Understand the development of ship management companies in Cyprus & abroad in recent years.
- Show understanding on the various functions of ship management and the inter-relationship of the departments in a ship management company.
- Comprehend the most important competences of a ship management company and the key points the clients (owners) look out for.
- Develop an understanding of the most important criteria for a selection of flag and the registration procedure in the Cyprus registry.
- Show in depth understanding of the importance of recruitment and retention as the two basic building blocks for a successful manning policy.
- Show appreciation on quality and safety issues related to the shipping industry at large and in particular in relation to ship management companies.
- Understand issues, challenges and prospects that the shipping industry face in terms of human resources (manning) in Europe and in the world.
- Understand the vessel as a comprehensive profit / cost centre.
- Apply basic budgeting methods to calculate net profit from the operation of the vessel.
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| Mode of Delivery | Face-to-face |
| Prerequisites | ATSS101 | Co-requisites | NONE |
| Recommended optional program components | NONE |
| Course Contents | The course of Ship Management aims to equip the students with basic understanding of the various functions related to the management of ship operations as well as the tasks and role of the ship managers in the 21st century. The course emphasizes on the different types of ship management structures and the inter-relationship of the various departments within a ship management company. The students have the opportunity to understand the relationship between the ship manager and its client (owner) and the degree of competitiveness in the ship management industry. Furthermore, the course deals with important issues on manning of vessels, such as recruitment and retention, and stress the importance of mandatory and discretionary training of crew on board commercial vessels in terms of safety of operations, occupational safety and safety of the environment. Finally, the students acquire knowledge on the various expenses related to the operation of a vessel, learn to apply basic budgetary control and understand the importance of safety, environment and operational criteria in relation to maritime projects, such as ship acquisition and ship maintenance. |
| Recommended and/or required reading: |
| Textbooks | - Ship Management, Willingdale, M., LLP 1998
- Elements of Shipping, Branch Alan E., 1997
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| References | - Ship Registration, N. P. Ready, Third Edition, LLP, 1998
- Ship Management, J. Spruyt, Second Edition, LLP, 1994
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| Planned learning activities and teaching methods | The lectures are being conducted with the use of Power Point presentations. The lectures are done with the active involvement of the students and at the end of each lecture there is a discussion on the most important issues presented in the seminar. In this way, the students clarify most of their questions during the lecture. Apart from the two mid term exams, the class is often divided in smaller groups, and each one of them has to deal with a particular question. This method of teaching stimulates the active involvement and initiative of the students and improves their ability to work in a team. |
| Assessment methods and criteria | | Mid-term exam 1 | 20% | | Mid-term exam 2 | 20% | | Final Exam | 60% |
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| Language of instruction | English |
| Work placement(s) | NO |
