|SCIENTIFIC DISCIPLINARY SECTOR||SECS-P/06|
The module discusses the determinants of the demand of maritime transport, linking them to the role played by shipping in the international trade and the economic organisation. The demand related perspective is then used also for defining the organisation of supply of shipping services together with the main market trends (e.g. innovation in shipping, port sector).
Special topics will be discussed in class through a series of dedicated activities.
The course provides the specificities of the sector and the contribution provided to the general economic theory, the knowledge of the distinctive characteristics of the different modes of maritime transport and the forms of integration and competition, the markets in which the companies operate and the economic policy guidelines that drive International trade and sea transport.
At the end of the module, students will be able to assess the organisation of different shipping markets.
Moreover, students will be capable of critically discuss main drivers of the sectors, evaluating main patterns and to analyse how external market elements can impact on the industry future.
The module will be entirely delivered in English.
Traditional Lectures, seminars, and the discussion of case studies will be used as main teaching approach. In order to better link theoretical knowldge with actual business applications, the module will be characterised by case study assessments, group work, readings, and a mix of both live sessions and pre-recorded material.
Due to the uncertainties related to the pandemic evolution, the module could be also delivered through pre-recorded materials and online activities, students will be advised on how to deal with this possibility as soon as clear information will be available.
Part I: The role of shipping in the international trade
- Derived Demand
- Trade And Shipping
Part II: The demand for shipping
- Liquid Bulk
- Dry Bulk
- General Cargo
Part III: The supply side: tramp and liner shipping
Part IV: Freight rates; Co-operation and competition
Part V: Seaports
Part VI: The Political economy of shipping
- Flags of convenience and International Registers
- The shipping sector in the national payments balance
Main textbook: M. Stopford. "Maritime Economics"
Further readings will be suggested during the lectures.
Office hours: Wednesday 9.00-10.30 AM
Office hours: At DIEC (II floor), Via Vivaldi 5, Genova - Wednesday, 9.00-10.30 AM At Campus Savona - Friday mornings, only during the teaching period and subject to confirmation.
ALESSIO TEI (President)
CLAUDIO FERRARI (President Substitute)
All class schedules are posted on the EasyAcademy portal.
For the students that will attend the course, group works will be orgasined and their outcome will contribute to the final evaluation.
Students will be evaluated on:
- the knowledge of the course contents
- communication skills
- problem solving skills