Course Overview
This course provides an overview of the international shipping markets, economic aspects of the shipping business, various functions of active market players, their influence on day-to-day operations, and industry trends.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
0.5
- Not offered this term
- This course is not offered this term. Notify me to receive email notifications when the course opens for registration next term.
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Describe shipping economics and business principles.
- Identify commercial shipping terminology and abbreviations.
- Perform laytime and demurrage calculations.
- Evaluate, plan, and execute the voyage arrangements (including cargo booking and bunker supply, etc.).
- Explain financing, purchasing, and trading of ships.
- Describe registration, classification, ship operations, revenues, and costs.
Effective as of Spring/Summer 2024
Related Programs
Shipping Economics and Business (MRBU 1150) is offered as a part of the following programs:
- Indicates programs accepting international students.
School of Transportation
- Marine Business Essentials
Microcredential Part-time
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.