COURSE UNIT TITLE

: CHARTERING

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
DIY 5044 CHARTERING ELECTIVE 3 0 0 5

Offered By

Maritime Business Administration

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR ISMAIL BILGE ÇETIN

Offered to

Maritime Business Administration

Course Objective

Improving the knowledge and professional skills in ship chartering

Learning Outcomes of the Course Unit

1   Understanding the ship and cargo types
2   Learning the charter types and chartering operations
3   Gaining the skill of drawing the charter party
4   Gaining the skill of making freight calculation
5   Gaining the skill of making lay time calculations

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Ship types, layout, structure and Ship's capacity /Cargo types, trade routes and restrictions on waterways
2 Voyage charter parties
3 Time charter parties
4 Bareboat charter parties
5 Freight markets, Freight Indexes and forward freight agreements
6 Role of Bills of lading in charter parties
7 Midterm Exam
8 Voyage estimation and freight calculation for dry bulk and general cargo ships and calculation of T/C equity
9 Worldscale and Voyage estimation and freight calculation for tankers and calculation of T/C equity
10 Negotiation in Charter agreement
11 Fixing the ship and drawing the charter party
12 Voyage charter party laytime interpretation rules 93 (Voylayrules 93)
13 Laytime calculations for dry cargo vessels
14 Laytime calculation for tankers

Recomended or Required Reading

1. Shipbroking and Chartering Practice, 5th edition, 1999 by Lars Gorton, Rolf Ihre, Arne Sandevarn, printed in Great Britain by MPG Books Ltd. Bodmin, Cornwall.
2. Çarter Sözleşmeleri I: Genel Hükümler Sefer Çarteri Sözleşmesi, M.Fehmi Ülgener, Der Yayınları , Istanbul, 2000
3. Thomas Stowage: The Properties and Stowage of Cargoes. Originally By captain R.E. Thomas, extra Master. Re-written and completely revised By Captain O.O. Thomas , F.C.I.T., Master Mariner, John Agnew, Master Mariner, K.L. COLE, Glasgow Brown. Son & Ferguson Ltd.
4. Chartering Documents,4th edition, Harvey Williams, LLP,1999
5. Bes Chartering and Shipping Terms, 11th edition, Norman J. Lopez., Barker& Howard LTD. London,1992
6. Voyage Estimating, William V. Packard, Tramp Shipping Series, Fairplay Publications, 2000
7. Laytime Calculating, William V. Packard, Tramp Shipping series, Fairplay Publications, 2000

Planned Learning Activities and Teaching Methods

Cooperative and active teaching and learning strategies

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + STT * 0.30 + FIN* 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + STT * 0.30 + RST* 0.40


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

Prof. Dr. Ismail Bilge Çetin
e-mail: ismail.cetin@deu.edu.tr

Office Hours

Prof. Dr. Ismail Bilge Çetin
Monday: 14:00-15:00

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 13 3 39
Preparations before/after weekly lectures 12 4 48
Preparation for midterm exam 1 5 5
Preparation for final exam 1 10 10
Design Project 1 15 15
Preparing presentations 1 5 5
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 126

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13
LO.1445453344555
LO.2455444334445
LO.3335344353545
LO.4335342453555
LO.5335342453555

CONTACT INFORMATION
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