This unit conveys the fundamentals of maritime logistics and positions each student to become a competent practitioner with an understanding of the key concepts, techniques and management methods of maritime logistics. The unit commences with a review of world seaborne trade, trends and cycles in the industry. This includes a review of ship types, ship life cycles, and the markets for new and second hand ships. There is an analysis of competition and efficiency in maritime logistics, including the impact of vertical and horizontal integration, alliances, freight stabilisation agreements and conferences. Ship owning, financing, chartering and insurance are covered in detail. Ship certification, flag state control, and the role of the IMO are described. Intermodal supply chains are studied for both bulk and containerised freight. Tramp and liner shipping is covered, with a detailed look at routing and scheduling for liner operations. Presentations by maritime professionals will complement the lectures and provide students with windows on the workings of the industry.
20 x 1.5 hr lectures, 4 x 1.5 hr seminars, 4 x 1.5 hr workshops
quiz (10%), individual presentation (10%), individual assignment (40%), final exam (40%)
Stopford M (2009) Maritime Economics; UNCTAD (United Nations Conference on Trade and Development), Review of Maritime Transport, 2013 and 2014
ITLS5000 or TPTM5001 or ITLS5100 or TPTM6241Prohibitions