Course syllabus

Course-PM

SJO296 Shipbroking lp2 ht19 (7.5 hp)

The course is offered by the Department of Mechanics and Maritime Sciences (M2)

Contact details

Examiner Anna Hedén

Lecturer Patrick Palle Hillenius

Lecturer Christopher Thomassen

Course purpose

The course is to offer deeper knowledge in maritime economics, tanker chartering and dry cargo chartering. Students of the Shipping and logistics programme are eligible to undertake examination by the ICS according to their terms after having finished the course as well as the programme.

Schedule

TimeEdit

Course literature

Please see here

Course design

Canvas is the learning management system used in this course. Please check at regular interval to update yourself of changes throughout the course.

Communication: I will use Canvas Inbox for sending out information. For urgent matters such as change of room, late arrival of lecturer (commuting problems etc), sick-leave etc I will use both Canvas Inbox AND announcements. I suggest you use the app.

Plan for

  • lectures
  • written assignment
  • feedback
  • oral presentation

please see Course summary below

Changes made since the last occasion

No changes.

Learning objectives and syllabus

Learning objectives:

- Explain the ship broker's role and position in relation to his principal (so-called authority).
- Explain business ethics in shipping.
- Explain charterparties (dry cargo and tanker) and relate to cargo and ship features and how it affects the deal.
- Explain how cargo and ship are put on the market and the negotiation procedure using standard abbreviations and technical terms.
- Explain the value chain from well to wheel and tanker market development.
- Use Worldscale
- Explain financial elements (freight, demurrage, dispatch, commissions).
- Explain possibilities/risks using time charter trip instead of a voyage charter
- Explain and perform laytime calculations (dry cargo and tank).
- Clearly describe shipping related organisations, registered office, missions, type of organisation and how they contribute to its members. 

Link to the syllabus on Studieportalen.

Study plan

 

Examination form

Module 0117 (Part A) 1.5 credits  Pass/Fail

Mandatory elements: written assignment (according to instructions), peer-review, oral presentation

Students missing deadlines for hand in, non-participation in peer-reveiw or oral presentation will be given additional assignment.

Module 0217 (Part B) 6.0 credits  fail/3/4/5

Allowed aids: Chalmers approved calculator, dictionary (word to word)

Final grading is based on grade on written exam

Please note that the exam is DIGITAL. 

Course summary:

Date Details Due