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Introduction to Shipping Syllabus Group 1 AIM To introduce students to the essentials of business practice. To ensure a basic knowledge and understanding of the elements of shipping business. To develop communication skills. COMMERCIAL GEOGRAPHY Continents, Oceans, Currents, & Tides, Weather & Climate, Canals & Waterways, Geographical regions (e.g. Far East, Mediterranean, S.E. Asia etc.). Location of major countries and ports, Latitude & Longitude. INTERNATIONAL TRADE The global market. The need for shipping. CARGOES AND TRADE ROUTES The role of liners and tramps. The dry bulk trades. The oil and other liquid trades( clean products, chemicals, gas). Manufactured goods. Origins and distributors of principal cargoes and trades. SHIP TYPES Bulk Carriers, Tankers, Containerships, Ro-Ro and General Purpose vessels. CONTRACTS OF CARRIAGE The basic anatomy of voyage and time charter parties. The main specialist terms and expressions. Basic functions of the Bill of Lading with a comparison of its role in the liner and tramp trades. LAW OF CARRIAGE The fundamental difference between Contract and Tort Hague/Hague-Visby/Hamburg Rules The role of international conventions Legal aspects of Bills of Lading The role of marine insurance and P & I Associations


SHIP REGISTRATION AND CLASSIFICATION Flag state, offshore registers and flags of convenience The function of classification societies THE PRACTIONERS IN SHIPPING BUSINESS Principals shipowners, charterers, shippers and NVOCs Intermediaries - dry cargo chartering brokers, tanker chartering brokers, ship sale & purchase brokers, port agents, liner agents, ship managers, freight forwarders BASIC ACCOUNTING The fundamentals of bookkeeping & corporate accounts Definitions and roles of Revenue, Cost, Profit, Capital, Cash-flow, Interest. The structure of business entities


Introuction to Shipping