Course Details
Course Information Package
| Course Unit Title | MARITIME ECONOMICS I | ||||||||
| Course Unit Code | ATME301 | ||||||||
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| Number of ECTS credits allocated | 5 | ||||||||
| Learning Outcomes of the course unit | By the end of the course, the students should be able to:
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| Mode of Delivery | Face-to-face | ||||||||
| Prerequisites | NONE | Co-requisites | NONE | ||||||
| Recommended optional program components | NONE | ||||||||
| Course Contents | The Tramp Shipping Market - Definitions The basics on Maritime Economics the shipping markets the key role players as well as to familiarize them with the terms and definitions of the industry. In particular the students are able to understand the different shipping markets and distinguish the dry and liquid markets, understand the demand and supply for shipping services and its main characteristics, as well as the terms and characteristics of tramp and liner shipping. The Dry Bulk Market – Demand & Supply • The Dry Bulk Cargoes • The Dry Bulk Fleet (Active Fleet calculation) • The segmentation of the market (on dwt basis) • The segmentation of the market (on geographical basis) The Liquid Bulk Market – Demand & Supply • The Liquid Bulk Cargoes • The Liquid Bulk Fleet (Active Fleet calculation) • The segmentation of the market (on dwt basis) • The segmentation of the market (on geographical basis) • The LNG and LPG Shipping Markets • The Chemical Shipping Market The Cost Elements in Tramp Shipping • The Capital Cost • The Operational Cost • The Voyage Cost The S&P Market – The Shipbuilding and the Demolition Market • The role of the markets in the shipping industry • Reports on orders, demolition, shipbuilding and price volatility • Calculation of trends using specialised software tools | ||||||||
| Recommended and/or required reading: | |||||||||
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| References |
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| Planned learning activities and teaching methods | Lectures, discussions, presentations, assignments | ||||||||
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| Language of instruction | English | ||||||||
| Work placement(s) | NO | ||||||||
