MAR3021 : Marine Transport Business
- Offered for Year: 2020/21
- Module Leader(s): Dr Paul Stott
- Owning School: Engineering
- Teaching Location: Newcastle City Campus
Semesters
| Semester 1 Credit Value: | 10 |
| ECTS Credits: | 5.0 |
Aims
A1. Understand the Marine Transport market and the role of the marine technologists in it.
A2. Identify the factors that result in seaborne trade.
A3. Link different trade patterns to different shipping services
A4. Show how ships are operated owned and chartered to fulfil that demand.
A5. To enable students to understand the concept of a market and price formation in shipping.
A6. To identify the structure of ship operating costs and the relationship with different chartering arrangements.
A7. To enable students to appreciate the time value of money and develop simple loan scenarios.
A8. To give an introduction to investment appraisal in shipping.
Outline Of Syllabus
The module provides an understanding of the marine transport market and how different business sectors are organised.
Main topics include: world trade; freight markets and demand for ships; organisation of tramp and liner shipping; major bulk commodities; general cargo and liner trade; choice of ship types; service performance of ships; introduction to markets; finance and loans; investment appraisal.
Teaching Methods
Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Scheduled Learning And Teaching Activities | Lecture | 1 | 4:00 | 4:00 | Synchronous teaching via Zoom for tutorial and reinforcement of teaching |
| Guided Independent Study | Assessment preparation and completion | 15 | 1:00 | 15:00 | Coursework relating to the three IKOs. |
| Structured Guided Learning | Lecture materials | 1 | 18:00 | 18:00 | Non-synchronous lectures delivered online using Recap. To include formative questions. |
| Scheduled Learning And Teaching Activities | Small group teaching | 4 | 1:00 | 4:00 | Present in person tutorial and feedback sessions (will be recapped) |
| Structured Guided Learning | Structured research and reading activities | 9 | 1:00 | 9:00 | Reading of key materials to be provided by the module leader |
| Guided Independent Study | Reflective learning activity | 1 | 50:00 | 50:00 | Review and study lecture materials and notes and study of reading list. |
| Total | 100:00 |
Teaching Rationale And Relationship
The use of lectures and the provision of lecture material as the principle teaching method is an effective means to provide students with the acquisition of the sizeable and detailed knowledge base and facilitate the understanding of the module material. Tutorials allow in person interaction, reinforcing knowledge and providing feedback.
Alternatives will be offered to students unable to be present-in-person due to the prevailing C-19 circumstances.
Students should consult their timetable for up-to-date delivery information.
Assessment Methods
Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.
The format of resits will be determined by the Board of Examiners
Other Assessment
| Description | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|
| Essay | 1 | A | 100 | Coursework will involve answering 2-3 questions. |
Assessment Rationale And Relationship
The coursework allows students an opportunity to demonstrate knowledge, understanding and the possession of subject specific insights. Coursework will be used to reflect the ERF requirements in place, in place of the previous examination for this subject. The coursework will include three questions to test the acquisition of the three intended skills outcomes.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- MAR3021's Timetable