Course syllabus

Course-PM

MMA128 Marine transport systems lp1 HT19 (7.5 hp)

The course is offered by the Department of Mechanics and Maritime Sciences

Contact details

Examiner: Anna Hedén, anna.heden@chalmers.se 

Course purpose

The aim is to give the student basic knowledge of the shipping industry with technical and economic aspects. This aim includes the understanding of the influence of an international market on the development of new transport solutions involving ships and ships equipment.

Schedule

TimeEdit

Course literature

Stopford, Martin, Maritime Economics, 3^rd Edition

Branch, Alan E. and Robarts, Michael, Branch´s Elements of shipping, 9^th ed (2014) 

Both available free online via Chalmers Library.

Course design

The course has two elements, both must be passed for final grade on the course to be reported.

Part A (element 0117), project work  2,0 credits, UG grading (fail/pass)

Part B  (element 0217), written exam  5,5 credits, TH grading (3/4/5)

The final grade is based on grade on written exam.

Exam dates 29 Oct 2019,  08 Jan 2020 , 21 Aug 2020 

 

Most exams at Chalmers follow a structure of 3 exams per year.

First exam is the ordinary exam, in study week 8. Then two resit exams.  The first resit is approx. in study week six (6) in the following study period, the second resit is in the two (2) weeks before the academic year starts (August). 

You are allowed to retake exams and you can never be downgraded. 

 

Please note! Always consult the Student portal for exam dates and sign up. All students must sign up for the exam to be allowed access.  Reason being administrative preparations. 

Sign up normally closes 2 weeks before exam date.

 

Changes made since the last occasion

The examination is digitalized, using the tool "Inspera".

Learning objectives and syllabus

Course learning objectives are general and can not always be learned in one single lecture.  Each lecture has lecture learning objectives that aim to partly or in full fulfill one or more course learning objectives. 

1. Explain commercial shipping in its context.

2. Identify and describe different stakeholders in commercial shipping.

3. Identify and explain commercial/technical features of ships.

4. Explain the costs and duties associated with chartering forms.

5. Explain competition in shipping.

6. Explain how price and value of ships fluctuate with freight markets.

7. Calculate time charter equivalent for comparing voyage options.

8. Explain the regulating system of shipping.

9. Thoroughly explain the four shipping markets

10. Thoroughly explain market fluctuations using the supply and demand model.

11. Describe shipping finance and price fluctuations.

12. Apply the "commercial perspective" (learning objectives 1-11) in the design of new ships or equipment.

Link to the syllabus on Studieportalen.

Study plan

Examination form

The course has two elements, 

- Written and oral assignment, 2,0 credits, fail/pass

- Written exam, 5,5 credits, fail/3/4/5

Dates and times for exams here

The written exam is digital, conducted in Inspera.

Please visit the information page to learn how to take the digital exam, well in advance.

Grading scheme 50%/75%/90%

 

Aids permitted: Chalmers approved calculator, word-to-word dictionary