MARA 205 – Introduction to the Maritime Industry

Introduction to the maritime industry which involves all the activities supporting maritime shipping. It includes the shipping industry, such as carriers and shipowners, the port industry, such as port authorities and terminal operators, the management and oversight of cargo and ancillary activities, such as finance, insurance, and customs.

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

  1. The fundamental drivers of the maritime industry.
  2. The terminology and vocabulary used in the maritime industry.
  3. The complexity and the main components of the maritime industry (shipping, ports, management, and ancillary).
  4. The history and evolution of the maritime industry and its impact on human civilization.
  5. The unique geographical characteristics constraining maritime shipping.
  6. The main cargoes carried by maritime shipping and handled by ports.
  7. How ships are built, operated, and eventually scrapped.
  8. The role and function of carriers and shipowners and how they manage these assets.
  9. How cruises have become a major segment of the maritime industry.
  10. The main maritime laws and regulations shaping the industry.
  11. The role of port authorities and terminal operators.
  12. How cargo is handled and stored at ports.
  13. The role ship chartering and brokerage play in allocating ships in cargo transport markets.
  14. How the insurance and finance sector support the maritime industry.

PowerPoint Slides

  1. The Components of the Maritime Industry
  2. History and Geography of Maritime Transportation
  3. Types of Vessels and Cargo Markets
  4. Shipbuilding and Scrapping
  5. Carriers and Shipowners
  6. The Cruise Industry
  7. Maritime Laws and Regulations
  8. Port Authorities and Terminal Operators
  9. Cargo Handling and Warehousing
  10. Chartering and Brokerage
  11. Insurance and Finance