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Lecture 14 - Tankers chartering

Welcome

On this lecture, we will go deeper on the tankers market and the steps from interest parties up to them fixing a vessel into a contract. This will cover some aspects of chartering contracts and its particulars.

For the second part of the lecture we will explore the particularities of tankers voyage calculations inclyuding World Scale and War Risk Premiums

What you’ll learn from this lecture

  • Drivers of the tankers market
  • Steps for fixing a contract via brokers
  • WorldScale and Voyage Calculations features for tankers operations

Learning Outcomes

Skills
  • Can communicate with industry practitioners using correct terminology
  • Can apply economic theory to varied strategic issues and practical problems facing shipping companies
  • Considers the economic, political, and ethical issues relevant to the shipping industries
Competency
  • Exchanges opinions and experiences with others with a background in the field
Knowledge
  • Understand the main results in recent research within shipping economics and analytics

Panayides, P. (2018). Principles of Chartering (3rd ed.) Chapter 7. CreateSpace Independent Publ Platform

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