MSc in International Trade and Shipping Management

Course Information Package

Course Unit CodeITSM502
Course Unit DetailsMSc Marine Engineering and Management (Elective Module ) - MSc International Trade and Shipping Management (Required Modules) -
Number of ECTS credits allocated8
Learning Outcomes of the course unitBy the end of the course, the students should be able to:
  1. Have an understanding of international and regional maritime regulating organisations and the structure, content and application of major conventions.
  2. Have an understanding of the adoption, ratification, implementation and amendment of international regulatory instruments and explain how countries which are parties to conventions are governed by them.
  3. Be aware of private international law concepts and recognize that the law of a particular country and not ‘international’ law will govern their relationship and thus determine their dispute.
  4. Understand basic legal issues that arise in international trade and transport contracts and analyse and discuss how obligations and liabilities arise in international trade relationships.
  5. Understand the legal principles relating to charter parties and Bills of Lading and compare and contrast the main carriage of goods by sea conventions and their respective differences.
  6. Understand and apply the fundamental principles and scope of marine insurance cover and.
  7. Demonstrate a basic understanding of the principles and practice of litigation and arbitration in dispute resolution.
Mode of DeliveryFace-to-face
Recommended optional program componentsNONE
Course Contents
  • International and regional maritime regulating organisations.
  • International conventions (preparation, adoption, ratification and accession, amendment and implementation).
  • Survey and certification of ships, the role of Flag State and Port State control.
  • Contract law and the matrix of contracts in international trade law – sale of goods.
  • sale of goods on shipment terms, INCOTERMS, payment contracts, letters of credit, carriage of goods by sea (and road and rail), goods carried under charter parties and insurance.
  • International trade and transport law conventions and their applications (Hague, Hague-Visby, Hamburg and Rotterdam Rules).
  • The concepts of risk and loss, insurability of risk and basic scope of cover in the common types of insurance of maritime property, liabilities and cargo.
  • Principles and Practice of Disputes Resolution – litigation, arbitration and Alternative Dispute Resolution (ADR).
Recommended and/or required reading:
  • Baughen Simon (2012). Shipping Law. 5th Edition, Routledge.
  • Donner, P. Maritime and Commercial Law. Unpublished lecture handout
  • Richardson, J.W. (Ed.). (2003). The Merchants Guide. London. P&O Nedlloyd, Corporate Communications
  • Baatz, Y. (2008). “Charterparties”. In Southampton on Shipping Law. London: Informa Law.
  • Gaskell, N.J.J., Debattista, C. and Swatton, R.J. (1987). Chorley & Giles’ Shipping Law (8th ed). London: Pitman Publishing
  • Hill, C. (2003). Maritime Law (6th ed). London. Hong Kong: Lloyd’s of London Press
  • Hunter, G. (2008). ‘Standard forms – the BIMCO experience in D. Rhidian Thomas (ed.), Legal Issues Relating to Time Charterparties. London: Informa Law.
  • International Chamber of Commerce (2010). Incoterms® 2010. ICC publication No 715E. Paris: Author
  • International Chamber of Commerce. (2006). ICC Uniform Customs and Practice for Documentary Credits 2007 Revision UCP 600. Paris: ICC Services.
  • International Chamber of Commerce. (1995). ICC Uniform Rules for Collections ICC Publication No. 522. Paris: ICC Publishing S.A.
  • International Chamber of Commerce (1995). ICC Uniform Rules for Bank-to Bank Reimbursements under Documentary Credits. Paris: ICC Publishing S.A.
  • Ramberg, J. (2011). ICC Guide to Incoterms 2010 – Understanding and Practical Use. ICC publication No 720E. Paris: ICC Publishing SA.
  • Rose, F.D. (2012). Marine Insurance: Law and Practice (2nd ed.). London, Informa Law
  • Wilson, J.F. (2010). Carriage of Goods by Sea, (7th ed.), Harlow: Pearson Education Limited.
Planned learning activities and teaching methodsThe course will be delivered through lectures, discussion and presentations applying a problem based learning (PBL) approach in which basic legal principles will be conveyed via tutor led sessions and analysed and applied during the workshops led by the students
Assessment methods and criteria
Course work50%
Final Exam50%
Language of instructionEnglish
Work placement(s)NO