Course syllabus for Shipping contracts and financing

The course syllabus contains changes
See changes

Course syllabus adopted 2020-11-19 by Head of Programme (or corresponding).

Overview

  • Swedish nameFartygskontrakt och finansiering
  • CodeSJO841
  • Credits7.5 Credits
  • OwnerMPMAR
  • Education cycleSecond-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

The course round is cancelled. For further questions, please contact the director of studies
  • Teaching language English
  • Application code 01112
  • Maximum participants60
  • Block schedule
  • Open for exchange studentsYes

Credit distribution

0117 Written and oral assignments, part A 5.5 c
Grading: TH
5.5 c
0217 Intermediate test, part B 2 c
Grading: TH
2 c

In programmes

Examiner

  • Daniel Eriksson
Go to coursepage (Opens in new tab)

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

Knowledge and skills corresponding to the learning outcomes in the following courses:

SJO151 Commercial law
SJO294 Marine risk and insurance
SJO332 Maritime and transport law

Aim

The purpose of the course is to provide in depth knowledge in the main transactions and contracts that governs shipping and ship owning activities; how contracts can be used to direct and strategically control the allocation of costs, functions and risks and to increase efficiency. The course also aims to provide guidance for how sustainability goals can be implemented in shipping contracts and activities.

Learning outcomes (after completion of the course the student should be able to)

· Understand the meaning, function and effect of the contracts and transactions covered in the course
· Evaluate the distribution of cost, function, risk and liability in maritime agreements
· Develop and implement business strategies for contract negotiations and concluding of contracts
· Apply business acumen and fair practise in commercial and legal transactions.
· Implement sustainability goals in shipping contracts and maritime activities.

Content

- Course introduction
- Vessel finance
  o Ship finance market
  o Legal perspective
  o Risk handling
  o Strategies
- Sale and purchase
  o S&P contracts
  o Risk management
  o Strategies
- Ship management
  o Management contracts
  o Risk management
- Commercial management – charter contracts
  o Bare boat charters
  o Time charters
  o Voyage Charters
  o Risk management
  o Commercial considerations
- Risk management
  o Risk evaluation
  o Insurance contracts
- Sustainable shipping
  o Sustainability goals in contracts and transactions
  o Sustainable carriage of goods
  o Ship recycling

Organisation

Obligatory attendance:
- On the introduction lecture and on all guest lectures;
- On a minimum three (out of a total of four) in class examinations;
- During presentations of written assignments

Literature

See course home page.

Examination including compulsory elements

Examined through Individual written assignment and presentation, and on in-class examination of review questions and questions based on guest lectures.

60 % required for grade 3, 74 % required for grade 4, 88 % required for grade 5.

The course syllabus contains changes

  • Changes to course rounds:
    • 2020-11-19: Cancelled Changed to cancelled by UOL
      [Course round 1] Cancelled