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Departments' graduate courses for PhD-students.


Syllabus for

Academic year
MMA127 - Marine transport systems
Syllabus adopted 2014-02-17 by Head of Programme (or corresponding)
Owner: MPNAV
7,5 Credits
Grading: TH - Five, Four, Three, Not passed
Education cycle: Second-cycle
Major subject: Mechanical Engineering, Shipping and Marine Technology

Teaching language: English
Open for exchange students
Block schedule: D
Maximum participants: 50

Course module   Credit distribution   Examination dates
Sp1 Sp2 Sp3 Sp4 Summer course No Sp
0111 Examination 7,5 c Grading: TH   7,5 c   28 Oct 2014 am L,  05 Jan 2015 pm L,  20 Aug 2015 pm L

In programs



Tekniklektor  Anna Hedén


MMA126   Marine transport and economics

Course evaluation:


In order to be eligible for a second cycle course the applicant needs to fulfil the general and specific entry requirements of the programme that owns the course. (If the second cycle course is owned by a first cycle programme, second cycle entry requirements apply.)
Exemption from the eligibility requirement: Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling these requirements.

Course specific prerequisites

BSc in Mechanical Engingeering or equivalent BSc with honour from a recognized university.


The aim is to give the student basic knowledge of the shipping industry with technical and economic aspects. This aim includes the understanding of the influence from an international market on the development of new transport solutions involving ships and ships equipment.

Learning outcomes (after completion of the course the student should be able to)

- describe the different actors and stakeholders in the maritime cluster.
- explain the difference between bulk shipping and general cargo shipping and the development over 5.000 years of shipping history, identify historical traces still in use today.
- explain different shiptypes in technical terms such as design, function and cargo handling for proper stowage and efficient operations.
- explain the competition for cargo and 'product differentiation' in shipping services.
- explain how the International Maritime Organization is organized and "from proposal to enforcement" of new conventions and connection to maritime disasters.
- Identify the most important conventions and describe their content.
- Explain the implications on a ship when choosing its flag.
- Describe different ways of financing ships and risks involved.
- Thoroughly explain the four shipping markets
- Thoroughly explain the influence of supply and demand on shipping market cycles using economical models.
- Thoroughly explain long term, short term and seasonal cycles and random shocks on shipping markets.
- Calculate the economic result of a specific voyage
- Explain and identify different costs and risks associated with chartering forms; bareboat, timecharter and voyage charter.

- Be able to apply the market/commercial perspective in future shipping analyses.


The overall objective of the course is to make students aware of commercial aspects of shipping and thus be able to include a commercial perspective in future analysis related to shipping e.g. a new design/construction, new regulations and so on.

This course covers basic ship knowledge such as terminology and understanding of different ship types and how cargo is loaded and discharged in efficient ways. It includes historical development of ship design,cargo handling gear and shipping markets.

The course also give a thorough understanding of shipping markets, how important shipping is for the well being of world economy. Basic economic models are used and applied on shipping to explain how market forces constantly move supply and demand into balance, forcing out the inefficiently run companies and thus in the longrun creating more and more cost efficient transport both technically and organizationally.

Different chartering forms and associated cost and risk division as well as maritime stakeholders is part of the course. Maritime regulations are introduced, the organization of International Maritime Organization (IMO) and how international conventions are set up, adopted and enforced but no deeper understanding of the conventions as such.

Some of the lectures are given by specialists invited from the industry.

A study tour to a port is included in the course.


1) Lectures
2) Assignments and project in groups.


Stopford, M., (2009), Maritime Economics. 3ed. Oxon : Routledge.

Available also as e-book via Chalmers Library.


1) Written exam
2) Approved assignments and group project.

Page manager Published: Thu 04 Feb 2021.