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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS LGM 4015 CHARTERING ELECTIVE 3 0 0 5

Offered By

Logistics Management

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

Offered to

Logistics Management

Course Objective

Improving the knowledge and professional skills in ship chartering

Learning Outcomes of the Course Unit

1   To Understand the ship and cargo types. 2   To Learn the charter types and chartering operations. 3   To Gain the skill of drawing the charter party. 4   To Gain the skill of making freight calculation. 5   To Gain 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 Creating and Managing Networks 8 Mid-Term Exam 9 Voyage estimation and freight calculation for dry bulk and general cargo ships and calculation of T/C equity 10 Worldscale and Voyage estimation and freight calculation for tankers and calculation of T/C equity 11 Negotiation in Charter agreement 12 Fixing the ship and drawing the charter party 13 Voyage charter party laytime interpretation rules 93 (Voylayrules 93) 14 Laytime calculations for dry cargo vessels. 15 Laytime calculation for tankers 16 Final Exam

Recomended or Required Reading

Gorton, Lars, Patrick Hillenius, Rolf Ihre (2009) Shipbroking and Chartering Practice, 7th Edition, UK, Informa

Planned Learning Activities and Teaching Methods

Literature review, case studies, problem solving.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 MTE MIDTERM EXAM 2 ASG ASSIGNMENT 3 FINS FINAL EXAM 4 FCG FINAL COURSE GRADE MTE * 0.30 + ASG * 0.10 + FINS * 0.60 5 RST RESIT 6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + ASG * 0.10 + RST * 0.60 *** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

Oral and written competencies regarding the use of knowledge, abilities and skills in the field of Chartering in terms of research, investigation and evaluation will be evaluated.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 14 3 42 Preparations before/after weekly lectures 12 4 48 Preparation for midterm exam 1 6 6 Preparation for final exam 1 10 10 Preparing assignments 1 10 10 Preparing presentations 1 5 5 Final 1 2 2 Midterm 1 2 2 TOTAL WORKLOAD (hours) 125

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 PO.11 PO.12 PO.13 LO.1 3 3 3 3 3 3 3 3 3 3 LO.2 3 3 3 3 3 3 3 3 3 3 LO.3 3 3 3 5 3 3 3 3 3 5 3 3 LO.4 3 3 3 3 3 3 3 3 3 3 3 LO.5 3 3 3 3 3 3 3 3 3 3