Issue date: 01.10.2019

Revision date:01.10.2019

Revision No:00

DF Board Decision No: -

Course Name: Maritime Management (Technical and Commercial)

Degree: Undergraduate

Code

Year/Semester

Local Credits

ECTS Credits

Course Implementation, Hours/Week

Course

Tutorial

Laboratory

MTME 421

4/8

2,5

4

2

1

-

Department

Maritime Transportation and Management Engineering

Instructors

Contact Information

Office Hours

Web page

www.pirireis.edu.tr

Course Type

 Compulsory

Course Language

English

Course Prerequisites

-

Course Category by Content, %

Basic Sciences

Engineering Science

Engineering Design

Humanities

30

30

---

40

Course Description

This course forms part of the proposed Modular Framework for vocational and professional qualifications based on a degree program in Nautical Sciences. The program give students an in-depth expertise understanding of the forces and frameworks which drive and shape the maritime industry, as well as the key administrative and leadership skills needed in globally competitive organisations.
It is designed for anyone in the maritime industry who wants to move into a new or more senior management role, or who has worked in management but has never had any formal management qualifications. This course    provides both the industry knowledge and management skills needed to lead a successful business in the shipping and maritime logistics field. 

Course Objectives

1. To introduce students to the third party management – potential costs and benefits

2. To introduce students the nature of ship ownership, the implications for ship management and the market for third party ship managers

3. To provide familiarization with the concept of the commercial management in details with applications in the commercial shipping market. 

4. To orient students to the technical management in details with applications.

5. To develop an understanding on the administrative activities associated with shipping operations.

6. To develop an understanding on the IT support for maritime management

Course Learning Outcomes

I.  Understand main aspects of third party management – potential costs and benefits

II. Understand the nature of ship ownership, the implications for ship management and the market for third party ship managers

  Shipping

  Ship owners

  Ship owners and the balance of power in the marketplace

  Ship owners and concepts of risk management

  Ship management

  Shipping and outsourcing

  Commercial and technical management – the options for outsourcing

III. Familiarize with commercial management in details with applications in the commercial shipping market. 

Ship chartering

‘Reading’ the market

Monitoring and measuring the market

Voyage estimating

Post fixture

IV.  Understand Technical management in details with applications

  Manning and crew management

  Ship repair and maintenance (R&M)

  Procurement policy and the stores and supplies budget

  Insurance

       Insurance and insurance law

       Hull and engine insurance

       Club insurance

  Regulatory requirements

  Software products for ship managers

  Response planning – higher standards and proactive measures

  Budgeting

V. Assess the administrative activities associated with shipping operations.

  Shipping operation administrative activities

  Administrative needs with a ship management company

VI. Understand and appraise the IT support for maritime management.

Instructional Methods and Techniques

Lecture 2 hrs and Practice/Case Study 1 hr

Tutorial Place

-

Co-term Condition

-

Textbook

1. Alan Edward Branch, Elements of Shipping, Routledge,2006, 

2. Maritime Economics, Martin Stopford,Routledge, 1997

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

4. Ship Management, Drewry Shipping Consultants Ltd., London

5. Robert Tallack, The Commercial Management, Nautical Institute, Middlesex ISBN  1 870077 33 4

6. Nautical Institute on Command , A Pactical Guide, Middlesex ISBN  1 870077  55 5

Other References

1. David B. Grant, Dougla M.Lamber, Fundementals of Logistic Management, McGraw Hill,London, ISBN 13 9780077108946, 2006

2. Institute of Chartered Shipbrokers, Legal Principles in Shipping Business, Witherby Seamanship International Ltd., ISBN 978 1 856092 85 2, 2008

Homework & Projects

Case Studies in and out of class hours.

Laboratory Work

Field visits will be carried out as necessary

Computer Use

--

Other Activities

--

Assessment Criteria

Activities

Quantity

Effects on Grading, %

Attendance

Midterm

1

30

Quiz

2

10

Homework

2

10

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

CTS/

WORKLOAD TABLE

Activities

Count

Hours

Total

Workload

Lecture

14

3+1

56

Midterm

1

8

8

Quiz

2

1

2

Homework

2

6

12

Term Paper/Project

Laboratory Work

Practices

Tutorial

Seminar

Presentation

Field Study

Final Exam

1

12

12

Total Workload

90

Total Workload/25

90/25

Course ECTS Credits

4

Week

Topics

Course Outcomes

1

I. Introduction to third party management – potential costs and benefits

II. The nature of ship ownership, the implications for ship management and the market for third party ship managers

  Shipping

  Ship owners

  Ship owners and the balance of power in the marketplace

I

2

II. The nature of ship ownership, the implications for ship management and the market for third party ship managers

  Ship owners and concepts of risk management

  Ship owners and the balance of power in the marketplace

II

3

  Ship management

  Shipping and outsourcing

  Commercial and technical management – the options for outsourcing

II

4

III. Commercial management in details with applications in the commercial shipping market. 

  Ship chartering

III

5

  Reading’ the market

  Monitoring and measuring the market

III

6

  Voyage estimating  

III

7

  Post fixture

III

8

                                            MID – TERM EXAM

I-II-III

9

IV.  Technical management in details with applications

  Manning and crew management

  Ship repair and maintenance (R&M)

IV

10

  Procurement policy and the stores and supplies budget

  Insurance

       Insurance and insurance law

       Hull and engine insurance

       Club insurance

IV

11

  Regulatory requirements

  Software products for ship managers

IV

12

  Response planning – higher standards and proactive measures

  Budgeting

IV

13

V. The administrative activities associated with shipping operations.

  Shipping operation administrative activities

 Administrative needs with a ship management company

V

14

VI.  IT support for maritime management

VI

Program Outcomes

Level of Contribution

1

2

3

a

An ability to apply knowledge of mathematics, science, and engineering

X

b

An  ability to design and conduct experiments, as well as to analyze and interpret data

X

c

An ability to design a system, component or process to meet desired needs

X

d

Ability to function on multi-disciplinary teams

X

e

An ability to identify, formulate, and solve engineering problems

X

f

An understanding of professional and ethical responsibility

X

g

An ability to communicate effectively

X

h

The broad education necessary to understand the impact of engineering solutions in a global and societal context

X

i

A recognition of the need for, and an ability to engage in life-long learning

X

j

A knowledge of contemporary issues

X

k

An ability to use the techniques, skills and modern engineering tools necessary for engineering practice

X

l

An ability to apply legal, societal and environmental knowledge in maritime transport and in all respective modes of transport operations.

X

m

An ability to interpret and analysis of the data regarding maritime management and operations, recognition and solution of problems for decision making process.

X

Course

Outcomes

I

II

III

IV

V

VI

Programme Outcomes

a

X

b

X

X

X

c

X

X

X

X

X

d

X

e

X

X

f

g

X

X

h

X

i

X

X

j

k

X

X

X

l

X

m

X

X

X

X