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MARITIME TRANSPORT ECONOMICS

CODE 101142
ACADEMIC YEAR 2022/2023
CREDITS
  • 6 cfu during the 1st year of 10948 MARITIME SCIENCE AND TECHNOLOGY(L-28) - GENOVA
  • SCIENTIFIC DISCIPLINARY SECTOR SECS-P/06
    LANGUAGE English
    TEACHING LOCATION
  • GENOVA
  • SEMESTER 1° Semester
    TEACHING MATERIALS AULAWEB

    OVERVIEW

    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.

    AIMS AND CONTENT

    LEARNING OUTCOMES

    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.

    AIMS AND LEARNING OUTCOMES

    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.

    PREREQUISITES

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    TEACHING METHODS

    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. 

    Working students and students with certified SLD (Specific Learning Disorders), disability or other special educational needs are advised to contact the module leaders at the beginning of the module to agree on teaching and examination arrangements so to take into account individual learning patterns in accordance with the learning outcomes to be achieved.

    SYLLABUS/CONTENT

    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

    - Passengers

    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

    - Subsidies

    - The shipping sector in the national payments balance

    RECOMMENDED READING/BIBLIOGRAPHY

    Main textbook: M. Stopford. "Maritime Economics"

    Further readings will be suggested during the lectures.

    TEACHERS AND EXAM BOARD

    Exam Board

    ALESSIO TEI (President)

    ENRICO MUSSO

    CLAUDIO FERRARI (President Substitute)

    LESSONS

    Class schedule

    All class schedules are posted on the EasyAcademy portal.

    EXAMS

    EXAM DESCRIPTION

    Oral exam.

    For the students that will attend the course, group works will be orgasined and their outcome will contribute to the final evaluation.

    ASSESSMENT METHODS

    Students will be evaluated on:

    - the knowledge of the course contents

    - communication skills

    - problem solving skills

    Exam schedule

    Date Time Location Type Notes
    20/12/2022 09:00 GENOVA Orale
    10/01/2023 09:00 GENOVA Orale
    24/01/2023 09:00 GENOVA Orale
    30/05/2023 09:00 GENOVA Orale
    12/06/2023 09:00 GENOVA Orale
    26/06/2023 09:00 GENOVA Orale
    05/09/2023 09:00 GENOVA Orale