MSc in International Trade and Shipping Management

Course Information Package

Course Unit CodeITSM504
Course Unit Details
Number of ECTS credits allocated8
Learning Outcomes of the course unitBy the end of the course, the students should be able to:
  1. Understand the significant role of national and international markets and the different trading opportunities within the different transport markets.
  2. Understand the fundamentals of the markets, the players and the trading opportunities for any transport segment.
  3. Analyze the data bases understand the market’s equilibrium at any given time.
  4. Be able to create their own reports based on the research findings
  5. Understand the role of KPIs that provide data for the market conditions on a global or local context.
Mode of DeliveryFace-to-face
Recommended optional program componentsNONE
Course Contents
  • The main Transport Markets: Supply and demand for the main categories of traded cargoes and passengers.
  • Breakdown into modes: Sea, Road, Rail, Inland Navigation, Air.
  • Intermodal flows: databases and models.
  • Role of ports, airports and terminals.
  • EU Transport Policy and Trans-European Networks (TEN-Ts).
  • Transport KPIs.
  • Interoperability, co-modality and synchro-modality.
  • The environmental dimension: emissions/logistics tradeoffs, green corridors.
  • Role of technologies (conventional and ICT).
  • Rectifying the policy patchwork.
Recommended and/or required reading:
  • James Bookbinder (ed) ‘Handbook of Global Logistics,’ Springer, 2013.
  • Global Supply Chain Management, Matt Drake, Business Expert Press, 2012
  • Securing Global Transportation Networks, L Ritter, J. Barrett, Rosalyn Wilson, McGraw Hill 2007.
  • Martin Stopford, ‘Maritime Economics’, 3nd edition, Routledge, 2009.
  • Wayne Talley (ed), ‘the Blackwell Companion to Maritime Economics,’ Blackwell Publishing ltd, 2012.
  • Journals: Transportation Science, Transportation Research Parts A, B, C, D and E, Transport Policy, Maritime Policy and Management, Maritime Economics and Logistics, WMU Journal of Maritime Affairs
    Planned learning activities and teaching methods

    The course will be delivered through lectures, discussions, presentations, and projects.Students will be asked to critically review related work in the literature and to present such review in class. A final exam will also be given.

    Assessment methods and criteria
    Final Exam50%
    Language of instructionEnglish
    Work placement(s)NO