Course syllabus for Shipping economics

Course syllabus adopted 2023-02-07 by Head of Programme (or corresponding).

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

Course round 1

  • Teaching language Swedish
  • Application code 75121
  • Open for exchange studentsNo
  • Only students with the course round in the programme overview.

Credit distribution

0110 Written and oral assignments, part A 1.5 c
Grading: UG
0 c0 c1.5 c0 c0 c0 c
0210 Examination, part B 6 c
Grading: TH
0 c0 c6 c0 c0 c0 c
  • 12 Mar 2024 pm L DIG
  • 04 Jun 2024 pm L DIG
  • 22 Aug 2024 pm L DIG

In programmes

Examiner

Go to coursepage (Opens in new tab)

Eligibility

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 
- Describe the use of anti-korruption work within shipping

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. -The Safety Management System(SMS) within a shipping company - The function of the ISM-code in shipping - Search exercise for information(library)

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. Partaking in a groupexercise with the library

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

The course examiner may assess individual students in other ways than what is stated above if there are special reasons for doing so, for example if a student has a decision from Chalmers on educational support due to disability.