Three Individual Homework Assignments will count (in total) for: 40% Final Exam will count for (must score at least 50% in the final exam): 60% Overall Total: 100% Main Text Book: Martin Stopford, ‘Maritime Economics’, 3rd Edition 2009, Routledge, ISBN13:

Investigate the ship-building market for tankers focusing on Aframax or Suezmax vessels over the past five years. Draw a profile (diagram) of new-build prices and the corresponding spot rates (choose any major trade route) as a function of time. Draw and critically analyse your conclusions. Submit your recommendation report to potential investors in this sector. (Word count: 1,500 – 2,000. Weight Grade: 15% of the final course work mark)

Assignment 2 Investigate the Demolition market over the past five years. Draw a profile (diagram) of scrap prices and dry bulk panamax spot rates (choose any major trade route) as a function of time. Draw and critically analyse your conclusions. Submit your recommendation report to potential investors in this sector. (Word count: 1,500 – 2,000. Weight Grade: 15% of the final course work mark) Assignment 3 Investigate the Dry Bulk Market over the past five years. Draw a profile (diagram) of spot rates as a function of: I. Time; and II. Trade Routes Draw and critically analyse your conclusions. Finally, submit your recommendation report to potential investors in this sector. (Word count: 2,000 – 2,500. Weight Grade: 20% of the final course work mark)

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