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2015/2016  KAN-CCMVV1707U  Developments in International Shipping

English Title
Developments in International Shipping

Course information
Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration One Semester
Start time of the course Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • René Taudal Poulsen - Department of Innovation and Organizational Economics (INO)
Kontaktinformation: https:/​/​e-campus.dk/​studium/​kontakt eller Contact information: https:/​/​e-campus.dk/​studium/​kontakt
Main academic disciplines
  • Globalization and international business
  • Strategy
  • Economics
Last updated on 09-10-2015
Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors:
  • Identify drivers of demand and supply in the main shipping markets.
  • Apply theories and models from micro- and macroeconomics to the study of shipping markets.
  • Apply theories from international regulation/governance literature to the study of shipping policies.
  • Analyze developments and emerging issues in global shipping as seen from ship-owning and policy-making perspectives.
  • Critically evaluate new business opportunities in international shipping from a ship-investment perspective.
Examination
Developments in International Shipping:
Exam ECTS 7,5
Examination form Home assignment - written product
Individual or group exam Individual
Size of written product Max. 15 pages
Assignment type Written assignment
Duration 24 hours to prepare
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Winter and Winter
Make-up exam/re-exam
Same examination form as the ordinary exam
Course content and structure

The course introduces students to the economics and management of international shipping. The overall aim of the course is to give students knowledge about shipping markets and regulation of shipping and a basis for critically evaluating business opportunities in a highly volatile and international industry. The course focuses on recent developments and future challenges in shipping markets and presents both ship-owning and policy making perspectives on the subject. Models and theories from micro- and macroeconomics are applied to the study of shipping markets, and theories from international economics and governance literature are applied to the study of maritime policy and regulation. The course enables students to identify emerging trends in shipping markets and shipping regulation and critically assess new business opportunities accordingly.

COURSE CONTENT

INTRODUCTION

  • Global role of shipping

 

MARKETS

  • Markets and forecasting
  • Dry  bulk shipping
  • Tanker shipping
  • Container shipping
  • Finance and risk management

 

REGULATION
 

  • Shipping regulators
  • National shipping policies
  • Maritime labour market
  • Quality shipping


 FUTURE OF SHIPPING

 

  • Outsourcing and ship management
  • New shipping segments
  • Environmental regulation
  • Green business opportunities

 

CLOSING THEMES

  • Wrap up

 
Teaching methods
The teaching of this course will be based on a variety of learning methods, such as lectures, group and class discussions as well as case studies. Guest lectures by representatives from shipping companies will also be included in the course.
30 hours (2 x 45 minutes class for 15 weeks).
Readings: Approximately 1,000 pages.
Further Information

This course is part of the minor in Maritime Business

 
Expected literature

Reference book

  • Stopford, M. 2009. Maritime Economics, London: Routledge.

Articles

  • Dycruet C. & T. Notteboom, 2012. ‘Developing liner service networks in container shipping’, Song, D.-W. & P.M. Panayides (eds.), Maritime Logistics: A complete guide to effective shipping and port management, Kogan Page, London and Philadelphia, pp. 77-100.
  • Eide, Magnus S.; Longva, Tore; Hoffmann, Peter; Endresen, Øyvind; Dalsøren, Stig B., 2011. ’ Future cost scenarios for reduction of ship CO 2 emissions’, Maritime Policy & Management, Vol.38 (1), p.11-37.
  • Hoffmann, J. &  Kumar, S. 2010. ‘Globalisation: the maritime nexus’ in Grammenos, C. (ed.), The Handbook of Maritime Economics, second edition, London: Lloyd’s List, 35-64.
  • Lasserre, F. and S. Pelletier, 2011. ‘Polar super seaways? Maritime transport in the Arctic: an analysis of shipowners’ intentions’, Journal of Transport Geography 19, pp. 1465–1473,
  • Marlow, P. & K. Mitroussi, 2012. ‘Shipping Taxation’, Talley, W. (ed.), The Blackwell Companion to Maritime Economics, pp. 304-20, Blackwell Publishing.

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Last updated on 09-10-2015