2016/2017
KAN-CJURV1076U Legal and Economic Risk Management in the
Shipping Sector
English Title |
Legal and Economic Risk Management in
the Shipping Sector |
|
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 BSc/MSc in Business Administration and
Commercial Law, MSc
|
Course
coordinator |
- Carsten Ørts Hansen - Department of Operations Management
(OM)
- Christina D. Tvarnø - Law Department (LAW)
|
Main academic
disciplines |
|
Last updated on
18-03-2016
|
Learning objectives |
To achieve the grade 12, students
should meet the following learning objectives with no or only minor
mistakes or errors: At the end of the course, the student are
expected to be able to : |
Course prerequisites |
A bachelordegree in social science/ a
legal bachelor degree |
Examination |
Legal and
Economic Risk Management in the Shipping Sector:
|
Exam
ECTS |
7,5 |
Examination form |
Oral Exam |
Individual or group exam |
Individual exam |
Duration |
20 min. per student, including examiners'
discussion of grade, and informing plus explaining the
grade |
Preparation time |
No preparation |
Grading scale |
7-step scale |
Examiner(s) |
Internal examiner and second internal
examiner |
Exam period |
Winter |
Make-up exam/re-exam |
Same examination form as the ordinary
exam
|
|
Course content and
structure |
Although the element of risk remains inherent in all industries,
especially agents in the shipping sector are faced with
substantial business risks in the international environment that
they operate. Risk emanate from fluctuations in e.g. freight rates,
bunker prices, or ship prices as well from the choice of contract
during ship operation, finance and credit terms. The volatility and
risk involved in ownership and operation of ships has become quite
important in recent years as stakes are higher for owners,
operators and investors.
This elective is built around several main themes, which
initially provides an overview of the legal and economic risks in
the shipping sector and identifies how an understanding of the
interconnection between thesee two domains can create value. During
the course the students will analyze and discuss different legal
and economic risk issues and relevant strategies for companies,
including practical solutions.
The two main lecturers in this course are experienced practitioners
from the shipping sector. The course is especially relevant for
students who want to develop and strengthen their competence
profile towards the shipping sector.
|
Teaching methods |
Case based teaching, where the
students are expected to participate in class discussions. The
student shall work from an interdisciplinary perspective and be
able to think and work across law and economics as disciplines. If
you want this course, you must be ready to participate in the
various discussions and presentations of theoretical as well as
practical risk aspects. |
Student workload |
lectures |
32 hours |
preparation |
170 hours |
exam |
3 hours |
|
Expected literature |
The course will be based on various research articles
(theoretical and empirical), cases and readings like
newspaper articles and articles for practitioners.
The list below provides an indication of the
expected litterature:
- "Proactive management and proactive business law" af
bl.a René Franz Henschel (2011).
- Chapters in “The handbook of Maritime economics and
business” Costas Th Gramenos (ed). Informa Professional,
2002.
- Shipping Finance Law: The applicability of refund guarantees when
the shipyard enters bankruptcy proceedings (Int. Journal of Private
Law Vol.6, No.2, 2013)
- Shipping Finance Law: Quiet enjoyment and the registration of use
rights of a chartered vessel (Int. Journal of Private Law Vol.5,
No. 4, 2012
- Shipping Finance Law: Ensuring the charterer's "quit
enjoyment" of a mortgades vessel/contractual performance of a
specific sevice by means of freight an bunkers derivatives
|
Last updated on
18-03-2016