Question 1 - The Panama Canal has a great impact on the world trade since it opened in 1914. To remain competitive among world shipping routes, the Panama Canal Authority has started an expansion project since September 2007. Please make an analysis on the impact of Panama Canal expansion on world trade and transportation market.

Question 2 - In recent years, the shipping industry has experienced stricter environmental regulation, especially in limiting ship exhause emissions. As a consequence, there is a growing list of sustainable and energy efficient maritime technologies to reduce the impact of ships on air quality, climate change and human life and health. However, shipowners react differently to these new technologies.  In your opinion, what are the main considerations for shipowners in making decision on implementing and selecting new innovative technologies?

Question 3 - You are a staff member in a shipping consultancy. You are approached by a wealthy individual who is interested in investing in shipping, but is not very familiar with how the sector and its market work.

 You are asked to prepare a concise report in which you outline the fundamental demand and supply dynamics of the shipping markets. Following that, you need to direct your analysis towards 1-2 recommendations of where in the shipping sector it would be wise to invest and why.

2500 words.

14 references.