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Strategic Management of Shipping

PİRİ REİS UNIVERSITY

GRADUTE SCHOOL OF SCIENCE AND ENGINEEERING 

Maritime Transportation and Management Engineering MS and PhD Program

2017- 2018  Fall/Spring Term Course catalog

 

Course Name :  Management of Maritime Transportation

Degree: MS

 

Code

 

 

Year/Semester

 

Local Credits

 

ECTS Credits

 

Course Implementation, Hours/Week

Course

Tutorial

Laboratory

MTME 533

Fall/Spring

3

3,5

3

0

0

Department

Strategic Management of Shipping

Instructors

 

Contact Information

 

Office Hours

 

Web page

www.pirireis.edu.tr

Course Type

 Selective

Course Language

English

Course Prerequisites

  -

Course Category by Content, %

Basic Sciences

Engineering Science

Engineering Design

Humanities

30

30

-

40

Course Description

This course provides students the mathematical models on strategic decisions in the shipping business and maritime transportation management.

 

Course Objectives

 

To provide Mathematical models on Maritime administration such as Cargo selection, Optimum speed, economic life cycle of ships and shipping economics calculation.

 

Course Learning Outcomes

 

Students who pass the course will be able to:

I. Acquire insight, skills and detailled information on maritime transport management,

II. Have knowledge about mathematical models on strategic decisions in shipping management.

III. Have a general knowledge on liner operations

IV. Understand the theory of maritime sector.

V. Have a detailed knowledge about quantitative methods in maritime economics.

Instructional Methods and Techniques

Lecture 3 hours, case study and practice for some topic.

Tutorial Place

Classroom

Textbook

1. Maritime Economics, Martin Stopford, Routledge, 2005.

2. James J. Bucley, The Business of Shipping, Cornell Maritime Press, ISBN-13:978-0-87033-580-8, Maryland, 2008

3. John Evans and Peter Marlow, Quantitative methods in Maritime Economics, Fairplay Pubns; Subsequent edition 1990

Other References

The texts will be delivered by the  lecturer

Homework & Projects

Case Studies in and out of class hours.

Laboratory Work

Field visits may be carried out.

Computer Use

--

Other Activities

--

                   

 

 

 

 

 

 

 

 

 

 

 

Assessment Criteria

Activities

Quantity

Effects on Grading, %

Attendance

 

 

Midterm

1

30

Quiz

 

 

Homework

1

20

Term Paper/Project

 

 

Laboratory Work

 

 

Practices

 

 

Tutorial

 

 

Seminar

 

 

Presentation

 

 

Field Study

 

 

Final Exam

1

50

TOTAL

 

100

Effects of Midterm on Grading, %

 

50

Effects of Final on Grading, %

 

50

TOTAL

 

100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Week

Topics

Course Outcomes

1

The significance of Maritime Transportation

I

2

The Strategic Topics in Liner Business of Shipping

I, II, III

3

Alliances in Maritime Liner Transportation

I, II, III

4

Worldscale and exercises on numerical methods

III,IV

5

Numerical method on Replacement of a ship

I, II, IV

6

Exercises on numerical methods of Replacement of a ship

I, II, IV

7

Review and exercises on numerical solutions

I, II, III, IV

8

MIDTERM EXAM

I,II, III, IV

9

Optimum speed of ships

I, II, III, IV

10

Exercises on numerical methods on Optimum speed of ships

I, II, III, IV

11

Cargo selection to maximise revenue

I, II, III, IV

12

Exercises on numerical methods on Cargo selection

I, III, IV, V

13

Calculations on shipping economics

I, IV, V

14

Calculation on shipping economics

I, II, III, IV, V

15

FINAL EXAM

I, II, III, IV, V

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Relationship between the Course and the Marine Transportation and Management Engineering Curriculum

 

 

 

Program Outcomes

Level of Contribution

1

2

3

a

Developing and intensifying knowledge in the related program’s area, based upon the competency in the undergraduate level (sufficient knowledge) (knowledge).

 

 

X

b

Grasping the inter-disciplinary interaction related to one’s area (knowledge).

 

 

X

c

The ability to use the expert-level theoretical and practical knowledge acquired in the area (skill).

 

X

 

d

Interpreting and forming new types of knowledge by combining the knowledge from the area and the knowledge from various other disciplines (skill).

 

 

X

e

Solving the problems faced in the area by making use of the research methods (skill).

 

X

 

f

The ability to carry out a specialistic study related to one’s area independently. (Competence to work independently and take responsibility).

 

X

 

g

Developing new strategic approaches to solve the unforeseen and complex problems arising in the practical processes of one’s area and coming up with solutions while taking responsibility (Competence to work independently and take responsibility).

 

 

X

h

Fulfilling the leader role in the environments where solutions are sought for the problems related to the area (Competence to work independently and take responsibility).

 

X

 

i

Assessing the specialistic knowledge and skill gained through the study with a critical view and directing one’s own learning process (Learning Competence).

 

 

X

j

Systematically transferring the current developments in the area and one’s own work to other groups in and out of the area; in written, oral and visual forms (Communication and Social Competency).

 

 

X

k

Ability to see and develop social relationships and the norms directing these relationships with a critical look and the ability to take action to change these when necessary. (Communication and Social Competency).

X

 

 

l

Using the computer software together with the information and communication technologies efficiently and according to the needs of the area (Communication and Social Competency).

X

 

 

m

Paying regard to social, scientific, cultural and ethical values during the collecting, interpreting, practicing and announcing processes of the area related data and the ability to teach these values to others (Area Specific Competency).

 

X

 

n

Developing strategy, policy and application plans concerning the subjects related to the area and the ability to evaluate the end results of these plans within the frame of quality processes (Area Specific Competency).

 

 

X

o

Using the knowledge and the skills for problem solving and/or application (which are processed within the area) in inter-disciplinary studies (Area Specific Competency).

 

 

X

p

In the programs with thesis, the ability to present one’s own work within the international environments orally, visually and in written forms (Area Specific Competency).

 

 

X

         1: Small, 2: Partial, 3: Full

 

ProgrammeOutcomes & Course OutcomesConnectivity Matrix

Course

Outcomes

I

II

III

IV

V

Programme Outcomes

 

a

X

X

X

X

X

b

 

 

X

X

X

c

 

 

X

X

X

d

 

 

X

X

X

e

 

 

X

X

X

f

X

X

X

X

X

g

 

X

X

X

X

h

 

 

X

X

X