Syllabus: Shipbroking and Chartering Practices
Unit Title Shipbroking and Chartering Practices
Unit Code SCP-0409
Level Diploma
Credits 20
Main Aim(s) of the Unit
The unit aims to provide students with a clear understanding of the key activities associated with the operations of shipbroking and chartering organisations and to provide clear references on the type of documentation required
Main Topic(s) of Study
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Learning Outcomes
Upon successful completion of the course students will be able to:
- Comment on the activities and value of Shipbrokers and Chartering Agents
- Explain the basic principles of shipbroking and chartering practices
- Highlight the differences between voyage and time charterparties
- Calculate laytime and prepare voyage estimates and advise on their practical applications and uses
- Distinguish between dry cargo chartering and tanker chartering
- Advise on key ethical issues to be considered by practitioners
Learning and teaching methods/strategies
Learning takes place on a number of levels through lectures, class discussion including problem review and analysis. Formal lectures provide a foundation of information on which the student builds through directed learning and self managed learning outside of the class. The students are actively encouraged to form study groups to discuss course material which fosters a greater depth learning experience.
Assessment method
Examination 100%
Indicative Reading for this Unit
Main Text
Shipbroking and Chartering Practice Gorton, Hillenius & Sadervam (Lloyd's of London Press)
Alternative Text and further reading
Sea Trading Vol. 3 W.V. Packard (Fairplay)
Bulk Carrier Practice Capt. J. Isbester (Nautical Institute)
Lloyd's List
Applications
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