In­tro­duc­tion to Mari­time Eco­nom­ics

Course content

The course introduces students to the economics and management of international shipping. The overall aim of the course is to give students knowledge about shipping markets and shipping’s relationship to global trade.
 
The course focuses on recent developments and future challenges in international shipping and introduces theories from micro- and macroeconomics to the study of shipping markets.
 
The course enables students to identify and critically assess factors which determine business opportunities in international shipping.
 
Structure and key topics:

1. Shipping and global trade
2. The four shipping markets
3. Shipping cycles and forecasting
4. Economics of dry bulk shipping
5. Economics of tanker shipping
6. Economics of liner shipping
7. Maritime finance and risk management
8. Regulatory framework for international shipping
9. National shipping policies
10. Outsourcing and ship management
11. Quality shipping
12. Green shipping