The course syllabus contains changes
See changesCourse syllabus adopted 2020-02-10 by Head of Programme (or corresponding).
Overview
- Swedish nameMarina transportsystem
- CodeMMA128
- Credits7.5 Credits
- OwnerMPNAV
- Education cycleSecond-cycle
- Main field of studyMechanical Engineering, Shipping and Marine Technology
- DepartmentMECHANICS AND MARITIME SCIENCES
- GradingTH - Pass with distinction (5), Pass with credit (4), Pass (3), Fail
Course round 1
- Teaching language English
- Application code 31111
- Open for exchange studentsYes
Credit distribution
Module | Sp1 | Sp2 | Sp3 | Sp4 | Summer | Not Sp | Examination dates |
|---|---|---|---|---|---|---|---|
| 0117 Written and oral assignments, part A 2 c Grading: UG | 2 c | ||||||
| 0217 Examination, part B 5.5 c Grading: TH | 5.5 c |
|
In programmes
Examiner
Martin Larsson- Programansvarig, Mechanical Engineering, Mechatronics and Automation, Design along with Shipping and Marine Engineering
Eligibility
General entry requirements for Master's level (second cycle)Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.
Specific entry requirements
English 6 (or by other approved means with the equivalent proficiency level)Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.
Course specific prerequisites
None.Aim
The aim is to give the student basic knowledge of the shipping industry with technical and economic aspects. This aim includes the understanding of the influence from an international market on the development of new transport solutions involving ships and ships equipment.Learning outcomes (after completion of the course the student should be able to)
- Explain commercial shipping in its context; historically, present.
- Identify and explain technical features such as basic design of different ship types, typical cargo and cargo handling gear from a operational/commercial perspective.
- Explain shipping competition for cargo and 'product differentiation' in shipping services.
- Identify and describe different stakeholders in commercial shipping.
- Explain how price and value of ships fluctuates with freight markets.
- Explain the functions and costs associated with chartering forms: bareboat, timecharter and voyage charter.
- Calculate the economic result of a specific voyage based on voyage charter or time charter, including slow steaming.
- Explain the regulating system of shipping, the role of International Maritime Organization (IMO), national maritime administrations, Port State Control, classification societies and identify the four main shipping conventions and describe its context.
- Thoroughly explain the four shipping markets and the market forces that creates market cycles.
- Thoroughly explain the shipping market fluctuations using the shipping supply and demand model.
- Be able to apply the commercial perspective in design of new ships or equipment.
Content
- Ship types and their operative features
- Chartering forms
- Cargo intake calculations
- Voyage result calculations
- Speed and consumption calculations
- Restrictions in ports and canals influence on ship design and trade.
- Shipping history and different nations success (rise and fall) in shipbuilding.
- Supply and demand model applied on shipping
- The freight rate mechanism
- Market cycles and the four shipping markets
- From conventions to laws and regulations.
Organisation
1) Lectures and discussion activities in the classroom
2) Hand-in assignment (several elements)
3) Written exam
Literature
Stopford, M (2009) Maritime Economics 3rd edExamination including compulsory elements
The course is examined through a written hand-in assignment and a written final exam.
Examination aids
Chalmers approved calculator.
Dictionary without explanations.
Apart from the written exam, all elements of the assignment must be approved in order for the final grade to be set.
The final grade is determined based on the results on the written examination.
The course syllabus contains changes
- Changes to examination:
- 2020-09-30: Grade raising No longer grade raising by GRULG
- 2020-09-30: Grade raising No longer grade raising by GRULG
- 2020-09-30: Grade raising No longer grade raising by GRULG