Basics of Maritime Economics
BASIC DATA
course listing
A - main register
course code
VME0470
course title in Estonian
Meremajanduse alused
course title in English
Basics of Maritime Economics
course volume CP
-
ECTS credits
6.00
to be declared
yes
assessment form
Examination
teaching semester
autumn - spring
language of instruction
Estonian
English
Study programmes that contain the course
code of the study programme version
course compulsory
VAAM15/25
yes
VAMM23/25
yes
Structural units teaching the course
V - Estonian Maritime Academy
Course description link
Timetable link
View the timetable
Version:
VERSION SPECIFIC DATA
course aims in Estonian
Aine eesmärk on:
- võimaldada üliõpilasel omandada põhiteadmised laevandusturgudest nii laevade kui ka kaubaturgude kontekstis;
- anda üliõpilasele vahendid rahvusvaheliste meretranspordi kaubavoogude kõikumiste ja veohindade analüüsimiseks;
- anda üliõpilasele teadmisi laevandusfirma strateegilistest valikutest ja eduteguritest arusaamiseks;
- luua üliõpilasele võimalused arusaamiseks sadamate seostest meremajandusega ning sadamastrateegiate põhitõdedest;
- anda üliõpilasele vajalikud teadmised merendusklastri ja selle edutegurite mõistmiseks;
- luua üliõpilasele tingimused meretranspordiga logistikajuhtimise seotuse mõistmiseks.
course aims in English
The aim of this course is to:
- enable the student to acquire basic understanding of shipping markets in the context of both ship and cargo markets;
- provide the student with means to analyse international maritime cargo flows fluctuations and freight rates;
- provide the student with an understanding of the strategic choices and success factors of a shipping company;
- create opportunities for students to understand the links between ports and the maritime economics and the basics of port strategies;
- provide the student with necessary knowledge to understand the concept of maritime cluster and its success factors;
- create conditions for the student to understand how logistics management is linked with maritime transport.
learning outcomes in the course in Est.
Aine läbinud üliõpilane analüüsib:
- laevandusturge ja veohindu;
- laevafirmade strateegilisi valikuid;
- sadamaettevõtete strateegilisi valikuid;
- merendusklastri edutegureid;
- logistika ja meretranspordi vahelisi seoseid.
learning outcomes in the course in Eng.
After completing this course the student analyses:
- shipping markets and freight rates;
- shipping companies’ strategic choices;
- port companies’ strategic choices;
- success factors for a maritime cluster;
- links between logistics and maritime transport.
brief description of the course in Estonian
Laevandusturud nii laevade kui ka kauba tähenduses; rahvusvahelised kaubavood, nende kõikumised ja veohindade kujunemine. Laevandusfirma strateegilised valikud ja edutegurid. Sadamate seos meremajandusega ning sadamastrateegiate põhitõed. Merendusklastri mõiste ja olemus ning selle edutegurid. Meretranspordi ja logistikajuhtimise omavahelised seosed.
brief description of the course in English
Shipping markets in terms of both ships and goods; international trade flows, their fluctuations and the development of freight rates. Shipping company strategic choices and success factors. The link between ports and the maritime economics, and the basics of port strategies. The concept and nature of a maritime cluster and its success factors. Relationships between maritime transport and logistics management.
type of assessment in Estonian
eristav hindamine
type of assessment in English
graded assesment
independent study in Estonian
-
independent study in English
-
study literature
- Maritime Economics. Third edition, Martin Stopford, published 2009 by Routledge
- The Handbook of Maritime Economics and Business. Costas Th. Grammenos, London 2010 / (forthcoming 2022)
- Maritime Transport 2020, Ulla Tapaninen, Kogan Page
- Port Economics, Management and Policy, Theo Notteboom, Athanasios Pallis and Jean-Paul Rodrigue (2021)
- Mangan, J., Lalwani, C. C., & Calatayud, A. (2020). Global Logistics and Supply Chain Management (4th edition). Wiley Global Education US.
- Review of maritime transport, UNCTAD, https://unctad.org/webflyer/review-maritime-transport-2020
study forms and load
daytime study: weekly hours
4.0
session-based study work load (in a semester):
lectures
2.0
lectures
-
practices
0.0
practices
-
exercises
2.0
exercises
-
lecturer in charge
-
LECTURER SYLLABUS INFO
semester of studies
teaching lecturer / unit
language of instruction
Extended syllabus
2025/2026 autumn
Ulla Pirita Tapaninen, V - Estonian Maritime Academy
English
    Laiendatud ainekava põhi 04.09.2025.pdf 
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    2024/2025 autumn
    Ulla Pirita Tapaninen, V - Estonian Maritime Academy
    English
      2023/2024 autumn
      Ulla Pirita Tapaninen, V - Estonian Maritime Academy
      English, Estonian
        2022/2023 autumn
        Ulla Pirita Tapaninen, V - Estonian Maritime Academy
        Estonian
          Course description in Estonian
          Course description in English