Course content
This course aims to develop the students’ knowledge of maritime economics with a specific focus on the relationship between regulation and corporate strategies in dry bulk shipping, tanker shipping, and container shipping. The students will obtain knowledge of the regulatory and institutional market formation in the different segments and insights on how this affects the corporate strategies of shipping companies. The course includes a lot of cases on current topics in shipping as well as company visits to Copenhagen based shipping companies.
The course is divided into three main parts:
In the first part of the course we will focus on the actors that regulate shipping and how they regulate. The students will be introduced to the maritime regulatory bodies at different levels. We will use governance and compliance theories to examine how regulations are carried out, how they are enforced, and how they affect different shipping segments. We will also discuss the problems that arise when trying to regulate a global industry and discuss how regulatory inconsistencies may affect shipping companies. Finally, we will examine how customer requirements impact the strategies of companies in different shipping segments.
In the second part of the course we will examine the different areas that are being regulated in greater depth. This includes (1) environmental regulation, (2) taxation and flag state requirements, (3) competition laws, (4) CSR and corruption, (5) maritime security, and (6) worker’s rights. This part will include case-based class discussions of current topics in shipping and guest lectures from key stakeholders including the Danish Maritime Authorities.
Finally, in the third part of the course, we will explore how different types of regulation affect the corporate strategies of shipping companies. This part includes company visits to Copenhagen-based shipping companies in different segments.
See course description in course catalogue