Commercial Practices in Shipping

Assessment Question; The Shipping Industry and Hanjin

Learning Outcomes

Upon completing this assignment, students should be able to:

- Assess the impact of Hanjin's circumstances to the international shipping community.

- Predict the reaction of Hanjins' competitors.

- Generalise the opportunities available to Hanjins competitors.

- Estimate the consequence of Hanjins case to ship owners and shippers.

- Evaluate the importance of the B/L during disruptions in the movement of cargo.

Learning Opportunities: Independent learning, research and report writing, critical thinking and analysis, deduction of gained knowledge. Utilisation of academic knowledge for a practical situation.

Learning Opportunities: Reading and evaluation. Connection between different modules from various years.

Submission Method: Assignments will be uploaded via Turnitin, any assignment found to be plagiarised will not be corrected.

Layout: Assignments to include cover page, introduction, main body of text and conclusion. Cover page to include assignment title. student name. student id. class and teachers.

references and bibliography.

Assessment Criteria; Please find on following page. Word Count; 1200 (+/- 10%)

Question:

The case of Hanjin, one of the world's largest shipping lines, has had and will continue to have a major effect on the international shipping industry.

Assess the implications of Hanjins demise to commercial practices in the shipping industry with special regard to the use of B/L's and the vessel chartering industry.

Referencing and Bibliography: Assignment must include references and bibliography.