10 Unit Credit Values

• The principles of sea freight management: Demand characteristics of sea freight; The role of freight forwarders in Shipping; The role of Ships owners in the Sea Freight industry; The factors influencing the supply of shipping
• Legislation and regulations governing the movement of shipping: Ship registration and classification regulations; The basic principles of contracts within sea freight; Maritime insurance; Business ethics operate within the sea freight environment
• The role of shipping freight operations: Characteristics of the different types of cargo transported by sea; Scheduling and routing within sea freight operations; The use of crewing agencies
• Financial strategies found within the shipping industry: Shipping Financial Strategies; Price and Demand Relationships; Hedging Techniques; Voyage Estimates; Breakeven Analysis; Determining Minimum Freight Rates

The above is the unit content for the Sea Freight unit found in the Level 5 qualification. To view more units, click here and select the “Units” tab.