Executive MSc in Shipowner Operations and Management
Code MMSC210
Modules 22
Duration 22 months
Credits 180
Tuition Fees $22,500
€22,500
Overview
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.
Objectives
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.
| 1. Introduction to shipping |
|---|
| • Shipowning company's Departments & Maritime Jobs, Part 1 • Maritime Jobs, Part 2 • Nautical Terminology • Shipping Terminology, Ship's Tonnage |
| 2. Types of ships, Nationality of Ships, International Organizations |
|---|
| • Types of ships, Part 1 • Types of ships, Part 2. Ship’s demolition • Nationality of ship and ships under flags of convenience, Piracy and Hot pursuit • International Maritime Organization (IMO) and key conventions of the IMO |
| 3. Introduction to Marine Insurance, Chartering and Classification Societies |
|---|
| • The commonly used marine insurance terms • Contract of sales, Charter parties and Bills of lading • Cargo terminology, Cargo operation • Classification society and the International Safety Management code (ISM) |
| 4. Port Management, Shipbroking, Voyage Estimation |
|---|
| • Vessel’s port expenses • Shipbrokers and agents • The Baltic Exchange – Associated shipping organizations • Voyage Estimation, Part 1 |
| 5. Management of the Marine Environment |
|---|
| • MARPOL 1973/1978 • The London Dumping Convention (LDC) 1972 and Protocol 2006 • Air pollution • Management of ballast water pollution • Wreck removal, Nairobi Convention on the Removal of Wrecks 2007 |
| 6. Shipping Law I |
|---|
| • Hague rules, Hague/Visby rules and case studies • Case studies on Carriage of Goods by Sea • Exceptions, limitation of liability • Documents of sea transportation |
| 7. Shipping Law II |
|---|
| • English legal system • Alternative Disputes Resolution (ADR), mediation • Arbitration, Arbitration Act 1996 • Ethics in arbitration • Aspects of arbitration proceedings |
| 8. Law of the Sea I |
|---|
| • Evolution of the Law of the Sea • Geneva Conventions 1958 and the Law of the Sea Convention 1982 • Maritime Zones, Normal baselines, Baselines of special circumstances, Internal waters, Jurisdiction over foreign ships in ports, Case study • Territorial Sea and Contiguous Zone, Delimitation of the Territorial Sea, Innocent passage |
| 9. Law of the Sea II |
|---|
| • Straits used for International Navigation, Transit passage, Straits of Special Regime, Panama Canal, Suez Canal, The Turkish Straits • Exclusive Economic Zone, Delimitation of the Exclusive Economic Zone, Case study of delimitation in the Eastern Mediterranean. Geomorphic and Legal Continental Shelf, The Continental Shelf of islands • Archipelagos, Archipelagic States, Archipelagic waters, Archipelagic Sea-lanes passage • High Seas, Freedom of the High Seas, Jurisdiction, Penal jurisdiction in matters of collision and case study, Unauthorized broadcasting, Slavery, Right to visit, Illicit traffic in narcotic drugs or psychotropic substances |
| 10. Case Studies on the Law of the Sea |
|---|
| • Sally and Newton (1806), The Eisler case (1949): Jurisdiction over foreign ships in internal waters • Corfu Channel (1949): Straits used for international navigation • Tunisia v. Libya case (1982): Delimitation of the continental shelf • Torrey Canyon (1967): Intervention on the high seas • American Aquarius v. Atlantic Hope (1977): Collision of ships in a traffic separation scheme not adopted by the IMO • Delimitation of the continental shelves between Greece and Italy (1977) • Delimitation of the Exclusive Economic Zone between Hellenic Republic and Egypt (2020) |
| 11. Marine Insurance I |
|---|
| • The History of Marine Insurance • Marine Insurance Terminology • Marine Insurance Act 1906, Lloyd’s Underwriters • Contract of Indemnity |
| 12. Marine Insurance II |
|---|
| • Insurable Interest • Subject Matter Insured • Time Policy • Valued and Unvalued Policies |
| 13. Marine Insurance III |
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| • Utmost Good Faith • Warranties I (express warranties) • Warranties II (implied warranties), Proximate Cause • Marine Risks, Perils of the Sea |
| 14. Marine Insurance IV |
|---|
| • Excluded Losses, The Inchmaree Clause, Negligence • The Inchmaree Clause, 3/4ths Collision Liability • War and Strikes Risks • Total Loss, Actual Total Loss, Constructive Total Loss |
| 15. Marine Insurance V |
|---|
| • Particular Average Loss, Salvage • General Average, Sue and Labor • Civil Liability Convention for Pollution Damage (CLC) 1969/92 and Fund Convention 1971/92 • Protection and Indemnity Clubs (P+I Clubs) |
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.
Textbooks
No limits in education
Straightforward way of teaching
TELEMATIC
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.
SHIPOWNER'S OFFICE
Operation
Accounting
Chartering
Marine Insurance
Technical
Claims
Crew
ISM
Supply
AUTONOMOUS OFFICES
Charterers
Custom broker
Consignor
Receiver
Shipbroker
Sales and Purchase Broker
WORK IN EXECUTIVE MARITIME POSITIONS
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.
Admissions Office
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New York, NY
10005, USA
Tel. +1 646 980 5595 (NY)
info@orion-university.com
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Orion University is a private international educational institution registered in Estonia. The degrees awarded are institutional and are not accredited by the Estonian government. Orion University is accredited by the American Bureau of Shipping (ABS).
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