MAR210 Maritime Management and Markets: Regulatory Environment

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MAR210 Maritime Management and Markets

Question:

Learning Outcomes

This essay relates to the following module learning outcomes for MAR210:

  • Identify the regulatory environment applicable to maritime management.
  • Appreciate the range of maritime regulations and their application to the industry.
  • Evaluate correct methods to problem solve voyage costs.
  • Understand environmental issues relevant to the maritime industry.

Instructions

Question 1 (marked out of 100)

You are required to write an essay addressing the question below.

Analyse the impact of the regulatory environment on ship management costs in the dry bulk market.

The word limit is 1,400 words +/- 10%. This excludes the list of references. You are to use the Harvard style of referencing.

In addressing the question, you should consider the following:

  • What are the cost elements in dry bulk ship management?
  • What is meant by ‘the regulatory environment’ in dry bulk ship management?
  • The cost impact of regulations around such areas as ship flag, relevant international conventions, the impact of port state control, renewals of certification, staying ‘in class’ etc.

As this is a very wide topic, you are advised to focus on one area of your choice for your answer.

Question 2 (marked out of 100)

You are required to write an essay addressing the question below.

The Baltic Code 2020 states: “The ability to carry out an accurate voyage calculation is an important skill for a broker. Voyage estimates allow comparison between one piece of voyage business and another, as well as with a voyage performed under timecharter. In this way, the broker can advise their principal of market alternatives.” Discuss the various inputs and considerations that an owner will consider in evaluating several potential voyages.

The word limit is 1,400 words +/- 10%. This excludes the list of references. You are to use the HARVARD style of referencing.

In addressing the question, you should consider the following: 

  • What is the purpose of a voyage estimate
  • What factors influence the voyage estimate decision
  • How relevant are each of these factors
  • What time line is under consideration
  • How is the voyage estimate evaluated

MAR210 Maritime Management and Markets

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