Maritime Department

Executive MSc in Shipowner Operations and Management

Key Feature

Code                              MMSC210

Modules                        22

Duration                       22 months

Registration                 Any time
Teaching                       Distance learning

Credits                           180

Tuition Fees                 $22,500

In today’s maritime industry, the operation of a ship involves intricate documentations and processes that demand advanced knowledge. The “MSc in Shipowner Operations and Management” is an academically rigorous program tailored to address these modern complexities. Developed by seasoned shipowners and maritime professionals with a strong academic foundation, this program offers a comprehensive insight into the entire spectrum of shipowning: from the initial decision of purchasing a vessel, its construction, to the intricate details of its management, including chartering, safety, insurance, working with surveyors, and all the other departments integral to a shipowning company. Beyond these specifics, the course equips students with the essential knowledge required to proficiently oversee and operate a shipowning company, ensuring they are prepared for the multifaceted responsibilities and challenges of the contemporary shipowning profession.

The primary objectives of this course are to:

  • To provide students with a structured progression from the initial stages of vessel acquisition, through its construction, to its detailed management and the broader aspects of company operations.
  • To offer in-depth insights into ship management and company operations, ensuring a comprehensive understanding of all departments integral to a shipowning company.
  • To integrate academic theory with practical insights, preparing students for the real-world challenges of managing a shipowning company in today’s advanced maritime landscape.
  • To cultivate expertise in the diverse operations associated with ship management and company leadership, with a focus on modern documentation and processes.
  • To enhance critical thinking, analytical capabilities, and decision-making skills, essential for the role of a shipowner and company executive in the contemporary maritime industry.

Learning Outcomes
Upon completion of this course, students will be able to:

  • Understand the end-to-end process of shipowning, from the decision to purchase a vessel, its construction, to the multifaceted aspects of its management and company operations.
  • Possess a thorough understanding of shipowning, from vessel acquisition and construction to management and company operations.
  • Apply knowledge effectively across the shipowning spectrum, from chartering and safety to insurance, working with surveyors, and company leadership.
  • Navigate the challenges and decisions inherent to each stage of shipowning and company management, informed by both academic research and industry insights.
  • Demonstrate proficiency in managing a vessel’s operations and the broader responsibilities of running a shipowning company, ensuring efficiency, compliance, and sustainability.
  • Engage in informed decision-making, addressing maritime challenges with expertise and a comprehensive understanding of the modern shipowning profession.

      Shipping Management I
      • Shipowning company’s Departments and Maritime jobs I
      • Maritime jobs, Part II
      • Nautical Terminology
      • Shipping Terminology, Ship’s tonnage
      • Types of ships, Part I
      • Types of ships, Part II, Ship’s demolition

      2. Shipping Management II
      • Nationality of ships, Ships under Flags of Convenience, Piracy and Hot pursuit
      • International Maritime Organization (IMO) and Key Conventions of IMO
      • The Commonly used Insurance terms
      • Sale contract, the Charter parties and the Bills of lading
      • Cargo terminology, Cargo operation
      • Classification societies

      3. Law of Carriage of Goods by Sea & Chartering I
      • Vessel’s port expenses I
      • Introduction to charter parties and Bills of lading
      • Voyage charter party 1 (dry cargo)
      • Voyage charter party 2 (dry cargo)
      • Voyage charter party 3 (dry cargo)
      • Laytime 1 (dry cargo)
      • Laytime 2 (dry cargo)

      4. Law of Carriage of Goods by Sea & Chartering II
      • Laytime 3 (dry cargo), Tanker laytime
      • Shipbrokers and agents
      • The Baltic Exchange, Associated shipping organizations
      • Bills of lading
      • Hague/Visby rules and case studies
      • Time charter 1 (dry cargo)
      • Time charter 2 (dry cargo)

      5. Law of Carriage of Goods by Sea & Chartering III
      • Case studies on Carriage of goods by sea
      • Exceptions, Limitation of liabilities
      • Worldscale, Tanker terminology
      • Crude oil and its transport
      • Cargo order, Shipbrokers and Abbreviations
      • Chartering procedure
      • Drawing of charter parties

      6. Arbitration law I
      • English legal system
      • Alternative disputes resolution (Mediation)
      • Ethics in arbitration
      • United Nations Commission on International trade Law (UNCITRAL), Small claims arbitration
      • Aspects of arbitration proceedings
      • The arbitration agreement

      7. Arbitration law II
      • The parties to arbitration, The arbitral tribunal I
      • The arbitral tribunal II
      • General duty of the arbitral tribunal
      • Powers of the arbitral tribunal in conducting reference II
      • Powers of the court in the course of arbitral proceedings
      • The award I

      8. Arbitration law III
      • The award II
      • Costs of the arbitration
      • Sources of the modern law of the sea
      • The law of the sea convention, 1982 (UNCLOS), maritime zones I
      • The law of the sea convention, 1982 (UNCLOS), maritime zones II
      • Settlement of disputes

      9. Law of the Sea I
      • Evolution of the law of the sea
      • The law of the sea conventions: The Geneva conventions 1958 and the Law of the Sea convention 1982
      • Maritime zones (baselines, internal waters)
      • Territorial sea and contiguous zone
      • Case studies

      10. Law of the Sea II
      • Straits
      • The exclusive economic zone and the continental shelf
      • Archipelagos
      • High seas
      • Long Project Report

      11. Law of marine insurance I
      • The history of marine insurance
      • Marine Insurance Terminology
      • Marine Insurance Act 1906, the London Underwriters
      • Contract of indemnity, Subrogation
      • Insurable interest, Mortgagor and Mortgagee, Insurer
      • Subject matter insured: ship, goods, movables, freight, profit, disbursements
      • Time policy, navigation and continuation clause
      • Voyage policy, Valued and unvalued policies, Insurable value

      12. Law of marine insurance II
      • Utmost good faith, Disclosure and representations, the premium
      • Warranties, General principles, Express warranties, Construction of warranties
      • Implied warranties, seaworthiness, cargoworthiness, warranty of legality
      • The proximate clause
      • Marine risks, negligence, barratry, unseaworthiness, non-delivery clause, piracy
      • Excluded losses, wilful misconduct of the assured, Delay, Inherent vice
      • The Inchmaree clause, Bursting of boilers, Negligence of master, crew, repairers, Barratry
      • 3/4ths Collision liability, The principle of cross-liabilities, The sister clause

      13. Law of marine insurance III and P&I clubs
      • War and strike risks, locked-out workmen
      • Total loss, Actual total loss (ship, cargo, freight), Constructive total loss (damage to ship and goods)
      • Particular average loss and general average loss
      • Salvage, LOF, General average, Sue and labour, assured and their servants or agents
      • P&I Clubs
      • Civil Liability Convention (CLC), Fund Convention
      • Wreck removal

      14. Elective
      Students may choose one of the 4 following electives:
      1. Physics/Astrophysics
      • Classical Mechanics
      • Electromagnetism
      • Stellar Astrophysics
      • Cosmology and the Universe
      2. Celestial navigation
      • Navigational astronomy
      • Identification of celestial bodies
      • The marine sextant
      • Celestial lines of positions
      3. Maritime nanotechnology
      • Introduction to nanoscale science and engineering
      • Introduction to maritime nanotechnology
      • Nanomaterials for maritime applications
      • Nanotechnology for Maritime Safety and Efficiency
      4. Maritime history
      • Sea history in antiquity I (shipping in ancient Egypt, Minoan & Mycenaean shipping and civilization)
      • Sea history in antiquity II (Sea people, Greeks, Phoenicians)
      • The trireme (construction, manning operation), Greek-Persian war at sea
      • Seafaring in ancient and classical Greece, The Alexander’s the Great navy

      15-18. Dissertation
      15,000 words

      Entry Requirements

      Bachelor of Science (BSc) or other Higher Education degree, or experienced professionals.

      English language: GCSE English Language grade 4/C – IB grade 4 Higher Level. If your first language is not English, you will need an IELTS of 6.0 overall, with 5.5 in each component, or a related certificate of English language course. Proficiency or Lower Certificate in English, or good writing and communication skills in English (at the discretion of the Committee).

      Basic Information Technology skills.


      Inspire your future
      Study from any place Worldwide

      No limits in education

      Straightforward way of teaching


      Worldwide telematic study. No need to attend physically in the class. You watch the lectures in video form, any time you would like and many times as you need. The speech of every video lecture is written in text form, by including the figures and the highlights of the lecture. You interact with the lecturers and tutors in electronic form.

      Watch Videolectures


      Assignment & Project


      Final viva (live video)


      Get your Degree awarded


      Career - Maritime Jobs

      Academic staff consisting of professionals with significant career at sea and generally in the shipping industry, being in collaboration with special academic personnel highly expertize in business and the international maritime affairs. Below are the maritime jobs, that our courses prepare you.


      Our students, regardless their professional origin and their academic level, acquire the necessary knowledge which gives them the opportunity to get an outstanding job position in shipping and rise to the highest levels of the maritime industry.  

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      Courses in Physics
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      Registration No: 25227 IBC 2018, Orion University Ltd,
      Saint Vincent & the Grenadines, Central America.

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