COURSE UNIT TITLE

: CHARTERING

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
DLY 5014 CHARTERING ELECTIVE 3 0 0 6

Offered By

Logistics Management

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR ISMAIL BILGE ÇETIN

Offered to

Logistics Management

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 calculation for tankers and Laytime calculations for dry cargo vessels
14 Project Evaluation

Recomended or Required Reading

Fundamental Maritime Business Administration literature, academic books, journals and other publications in the international transport and maritime transport areas.
REFERENCE BOOKS :
Shipbroking and Chartering Practice, 5th edition, 1999 by Lars Gorton, Rolf Ihre, Arne Sandevarn, printed in Great Britain by MPG Books Ltd. Bodmin, Cornwall.
Çarter Sözleşmeleri I: Genel Hükümler Sefer Çarteri Sözleşmesi, M.Fehmi Ülgener, Der Yayınları , Istanbul, 2000
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.
Chartering Documents,4th edition, Harvey Williams, LLP,1999
Bes Chartering and Shipping Terms, 11th edition, Norman J. Lopez., Barker& Howard LTD. London,1992
Voyage Estimating, William V. Packard, Tramp Shipping Series, Fairplay Publications, 2000

Planned Learning Activities and Teaching Methods

Literature survey, data analysis, case studies.

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


Further Notes About Assessment Methods

None

Assessment Criteria

MSc level knowledge, skills and competencies in research, examination, critics, oral and written presentation of chartering will be assessed.

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)
Presentation 13 3 39
Preparation for Midterm Exam 1 5 5
Preparation for Final Exam 1 10 10
Preparation of Project 1 15 15
Preparation of Presentation 1 5 5
Weekly Preparations before and after the Course 12 6 72
Final Exam 1 2 2
Midterm Exam 1 2 2
TOTAL WORKLOAD (hours) 150

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13
LO.112112122111
LO.2111121121111
LO.3212112111211
LO.412112111111
LO.521121121211