SHIPPING / PORT ECONOMICS MODULES
WHAT IT IS
The department of Economics in National University of Singapore offers modules related to Port Economics.
1. EC3385 Maritime and Shipping Economics
International transportation has evolved into a complex system involving ocean carriers, ports, terminals and multimodal transport intermediaries. In such networks, major container hubs, such as this of Singapore, play a crucial role as 'nodes' and trans-shipment centres. Nowadays, the optimization of global supply chains requires a holistic approach to shipping through the study of what has come to be known as Maritime Economics and Logistics (MEL). The course follows this approach, focusing on liner (container) shipping, its operations, structure and regulatory environment.
2. EC3386 Port Economics
The rapid process of globalisation over the last decade with intensive international trade, foreign investment and manufacturing outsourcing and the booming resources sector, has had pervasive effects on the way ports are built and operated, from providing simple ship shelter and warehouse services to much more complex, multimodal terminal services, from monopoly to competition, and from state/government-owned to local private corporations. Port Economics explores fundamental issues related to port operation and management from the economic perspective, including but not limited to port planning and development, competition, tariff design, performance monitoring, policies and regulations
3. EC5386 Issues in Port Economics
The rapid process of globalisation over the last decade has had pervasive effects on global shipping and logistics. This could not occur without creating profound impact on the way ports are developed, operated and managed, from providing simple ship shelters and warehouse services to much more complex multimodal terminal services, from monopoly to competition, and from state government-owned to local private corporations. Port Economics taught at graduate level studies key topics in port management in depth and provides students with analytical and quantitative analysis tools that are essential to research and making decisions related to port operation, management and policy formulation.
4. EC5387 Issues in Maritime and Shipping Economics
This course is designed to provide an in-depth insight into selected specific issues that are of concern to maritime and port industry as well as to policy makers. The issues covered include shipping markets, shipping networks, increasing ship sizes, freight determination, port choice, efficiency measurements, maritime safety, maritime hub strategy and green maritime logistics.