Commercial Practices in Shipping

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.

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.

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 name.

Referencing and Bibliography: Assignment must include references and bibliography.