General entry requirements for bachelor's level (first 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
The same as for the programme that owns the course. 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 purpose of the course is to provide students with an understanding of the business side of shipping companies and how the international maritime markets works.
Learning outcomes (after completion of the course the student should be able to)
- Explain and use basic economical concepts
- Preform investment calculation
- Describe the trade routes of world trade
- Explain market cycles and the four shipping markets
- Give example and explain the stakeholders in shipping.
- Perform voyage calculations and voyage results.
- Explain the chartering forms, especially the responsibilities and cost division
- Describe the different parts of a shipping company's Safety Management System(SMS)
- Summarize the function of the ISM-code in shipping - Describe the concept of social sustainability and ethical responsibility within shipping
- Create a voyage calculation in a computer based calculation software i.e. Microsoft Excel
Content
Business Economics:
- Basic economical concepts.
- Accounting
- Investment calculation
World trade Geography
Shippingmarkets
Actors in shipping:
- Agents, brokers etc.
- How they preform their work
Economics in shipping:
- Ship financing
- Incomes and costs connected to a voyage
Chatering Contracts
- Dry cargo chartering
- Charterparties / charterlegislation
- Laytime calculations
ISM-code
Application:
- Performing voyage calculations and voyage result. - Social sustainability - Ethical responsibility connected to UN sustainability goal number eight.
Organisation
The course constitutes of lectures and a chartering simulation performed in groups.
The course also incorporates individual hand-ins
The course finish's with a final exam and written and oral presentation of the chartering simulation
Literature
See course home page.
Examination including compulsory elements
Written exam, Written and oral presentation of chartering simulation,
Individual hand-ins
Allowed to bring to the exam:
- Chalmers approved calculator
Overview
Swedish nameSjöfartsekonomi
CodeSJO401
Credits7.5 Credits
OwnerTSJKL
Education cycleFirst-cycle
Main field of studyShipping and Marine Technology
DepartmentMECHANICS AND MARITIME SCIENCES
GradingTH - Pass with distinction (5), Pass with credit (4), Pass (3), Fail
Martin Larsson