Organization of Shipping and Shipping BusinessLaajuus (5 cr)
Code: MMM2501
Credits
5 op
Objective
The aim of the course is to provide the student an overview of maritime and shipping industries and to develop student’s legal and economical understanding (law & economics) on interrelations between different shipping markets, organizations in shipping, economics of shipping and the shipping industry.
After completing the course, the student will:
- Understand the role and significance of maritime transport as part of the international economy
- Understand the roles and interaction of different organizations and stakeholders in the shipping industry and shipping markes.
- Understand regulatory issues in national and international operations and are able to plan strategic shipping operations.
- Understand the logic of key shipping markets and interrelation with law and economics in shipping business
Content
- Shipping in different sectors; Different management strategies for shipping companies and administrations
- Organizing shipping in pooling and joint ventures,
- Management and management Contracts in shipping
- Achieving competitive advantages in national, EU and global markets;
- EU, competition and procurement law relevant to shipping.
- How to look at the future change in the operating environment and define the maritime actors affected in different ways depending on their organisational and management structure
- Localizing the sources of change and to assess the likelihood of the change happening, and to monitor the growth of change.
- Strategic planning for the future; national and international marine policy, and their effects of the on the economy and strategic planning of shipping
- Sustainable development and increasing autonomy as part of the research methodology for companies strategic planning.
Qualifications
No pre-requisites
Assessment criteria, satisfactory (1)
Reports and/or assignments handed in according to timelines and if required orally presented. The materials at an approvable level of quality. Student's activity at an acceptable level.
Assessment criteria, good (3)
Good work input overall: Reports and/or assignments handed in according to timelines and if required presented. All materials of high quality. Good activity in the class, eg at the discussions and presentations.
Assessment criteria, excellent (5)
Exceptional quality overall: the written Reports and/or assignments, presentations, student activity.
Assessment criteria, approved/failed
A Report / Reports / assignments not handed in or an unacceptable level of quality (including missed DLs) of the reports and/or presentations.