 Starting from September 2012 cadets and students of Odessa National Maritime Academy have been privileged to attend academical disciplines lectured in English. I have also been involved in the process, though from the lecturers side, and launched Commercial Operations of Water Transport (COWT), i.e. the much updated version of Kommercheskaja Ekspluatacija Vodnogo Transporta (KEVT) in English. |
COWT is a 108-hour course delivered to the 4th year cadets (students) of the Maritime Law Faculty. As COWT is a branch of Commercial Management it correlates with Maritime and Business Law, Shipbroking and Chartering, Maritime Insurance, Maritime Economics, Shipping Management and Logistics. The discipline studies and elaborates the interactions within the water transport, particularly those of the shipowners and the other actors in Shipping.
All the lectures are supported by the slide-shows. Here is an example of an abridged lecture:
In conclusion I would like to present the course outline:
Commercial aspects of shipping operations
World trade and shipping
Concept of parcel size distribution
Shipping as a transport system
Major sectors in shipping
International maritime passages and commerce
Port Agency services
Port charges and dues
Combined transportation
Foreign trade operations and contracts
Actors in the shipping business
International payment terms and settling practice
The international trade legal framework
International sales contract: structure and contents
Mercantile and shipping terms in international sales contracts
Incoterms
International freight market and its structure
Freight rate mechanism and indices
Chartering infrastructure and Brokage
Chartering routine
Broker-Customer relationship
Charter-party, Bill of Lading: role, types and functions
Carrier's liability as set in the international agreements
Contractual relations in Tramp Shipping
Contractual relations in Liner Shipping
Forms of competition in Liner Shipping
Contractual relations in combined shipping
Standard voyage charter-party forms
Common terms in the voyage charter in relation to ship
Common terms in the voyage charter in relation to cargo
Common terms in the voyage charter in relation to places of loading and delivery
Lay time, demurrage and despatch
Freight
Other terms and conditions in voyage charter-party
Lending and hiring ships on a time basis. Lessors and lessees
Time-Charter. Typical terms, clauses, standard forms
Bareboat-Charter. Typical terms, clauses, standard forms
Slot-Charter, Daily-Charter, Trip-Charter
Concept of insuring maritime risks
Insurance for shipowners and charterers
Insurance for cargo interests
Product and its quality in Shipping
Integrity and timely delivery of cargoes
Initial handling of cargo claims
Cargo care
Keep yourself refreshed!
A.O. Chepok
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