Teaching Responsibility
LJMU Schools involved in Delivery:
Engineering
Learning Methods
Lecture
Online
Tutorial
Module Offerings
6101MAR-SEP-CTY
Aims
To develop a critical awareness of the economic environment in which ships are financed, traded and operated and to analyse a range of managerial issues in the maritime industry, with particular reference to the management of capital and the appraisal of investment.
Learning Outcomes
1.
Analyse factors affecting the supply and demand for shipping and cycles in the
marine business environment.
2.
Examine matters of ships and ship financing, with particular emphasis on
chartering work.
3.
Appraise a range of shipping related safety issues and apply formal safety
assessment techniques to a range of case studies.
4.
Analyse the role of third party ship management in the maritime sector.
Module Content
Outline Syllabus:Maritime Economics
Supply and demand for shipping.
Ship size and economies of scale.
Productivity and utilisation measurement.
Newbuilding market. Ship ordering and ship scrapping. Ship sale and purchase activities.
Maritime finance
Ship financing, leasing, security (i.e. mortgage etc.), commercial paper, credit ratings, LIBOR.
Derivatives, hedging and market speculation. Bunker costs and slow steaming/fuel efficiency.
Post fixture operations, demurrage and laytime.
Investment Appraisal.
Maritime business management
Trends in the maritime business environment. Third party ship management.
Safety management, maritime safety current status, formal safety assessment and risk assessment techniques.
Module Overview:
The aim of the module is to develop a critical awareness of the economic environment in which ships are financed, traded and operated and to analyse a range of managerial issues in the maritime industry, with particular reference to the management of capital and the appraisal of investment.
The aim of the module is to develop a critical awareness of the economic environment in which ships are financed, traded and operated and to analyse a range of managerial issues in the maritime industry, with particular reference to the management of capital and the appraisal of investment.
Additional Information:A final year module looking at specific aspects of maritime business management within the shipping sector
Assessments
Report
Report
Centralised Exam