Minimum entrance requirement for maritime studies at Aalesund University College
Give student basic knowledge of shipping activities and important aspects related to the ship and owners cost and revenue, with extra focus on current problems owners, the ship and the ship crew are facing to maximize their chartering cost and revenue. With reference to STCW-95
The Freight markets in international shipping.
Important market segments/trades and types of ships.
The market mechanism and the state of the market - Marketing activities.
Elements and allocation of costs in chartering - Freight rates
Sales contract, documentary credit, carriage, and Incoterms 1990
Freight contracts, Liner shipping and Bill of Lading.
Charter forms - Charter parties: - Voyage charter, Contract of affreightment, Consecutive voyages, Time charter, and Bareboat charter.
Chartering routines - Freight negotiations – Important charter party clauses and concepts
Freight calculations
Voyage estimating - Laytime calculations
Building, sale and purchase of vessels
Lectures and individual exercises
Written 5 hours Examination
Approved compulsery papers
