COURSE UNIT TITLE

: CHARTERING AND SHIPBROKING

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
MBA 4041 CHARTERING AND SHIPBROKING COMPULSORY 2 2 0 5

Offered By

Maritime Business Administration (English)

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR ISMAIL BILGE ÇETIN

Offered to

Maritime Business Administration (English)
Maritime Business Administration (Evening)

Course Objective

The main objective of this course is to familiarize the students with the chartering business and develop students skills in chartering and shipbroking profession.

Learning Outcomes of the Course Unit

1   Understand the basic concepts of chartering business, types of chartering and shipbroking.
2   Understand freight markets and how market mechanisms in chartering and shipbroking function in those markets.
3   Estimate voyage costs and calculate freight for voyage chartering considering the time charter equivalent (TCE) of freight.
4   Develop shipbroking skills in chartering negotiations and understand charter parties.
5   Understand post fixture activities and being able to make laytime calculations.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction: place of chartering in logistics and international trade
2 Ship types, layout,structure and ship capacities/Cago types and waterways
3 Principles of chartering and role of brokers
4 Voyage charter
5 Time charter
6 Bareboat charter
7 Voyage estimation and freight calculation for dry bulk and general cargo ships and calculation of T/C equivalent
8 Voyage estimation and freight calculation for dry bulk and geral cargo ships and calculation of T/C equivalent
9 Chartering Negotiations: Offers, Counter-offers, Subjects and Fixture
10 Fixing a Vessel and Drawing the Charter Party
11 Laytime calculation
12 Laytime Calculation
13 Role of Bill of lading and mate receipts in chartering
14 Presentation of term papers

Recomended or Required Reading

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
Laytime Calculating, William V. Packard, Tramp Shipping series, Fairplay Publications, 2000
Laytime & Demurrage ,4th Edition, John Schofield. LLP,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 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


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

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 13 4 52
Preparations before/after weekly lectures 14 2 28
Preparation for midterm exam 1 10 10
Preparation for final exam 1 20 20
Preparing presentations 1 20 20
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 134

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13
LO.15455445454554
LO.25545554444545
LO.34455444445445
LO.45545444555454
LO.54454554445444

CONTACT INFORMATION
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