This module provides a comprehensive understanding of the economics governing the global shipping markets as well as a thorough exposition of how economic analysis enables effective business decision making in the shipping industry. Specifically, the module covers topics on the structure of the global shipping industry, the main commodities being traded in the most important shipping routes globally, the types of freight contracts, the functions of shipbroking and chartering, the four main shipping markets and an analysis of liner vs. bulk shipping lines. Intense competition and low freight rates require knowledge and special managerial skills in order for shipping companies to survive through the shipping business cycle.
An applied sciences research-orientated university, promoting research excellence and innovation for the benefit of science and society. Recently developed strategic plan gives emphasis on campus life, student experience and sustainable development within the 17 UNSDG’s framework.
CUT is young, public university, established in 2004, first outside the capital city, attracted high-caliber researchers and students.
