Undergraduate Studies in Maritime and Logistics Management
CHARTERING AND BROKING
Instructions to candidates
- This supplementary examination commences at 0900 hours (Australian Eastern Standard Time) on Friday, 01 March 2019.
- The answer script is to be uploaded into the exam Dropbox on the unit MyLO site no later than 16:30 hours (Australian Eastern Standard Time) on Wednesday, 06 March 2019.
- Late examination scripts will not be accepted. Failure to despatch your answer script to the AMC before the cut-off time will result in a Fail
- Candidates must answer ALL parts of the questions.
- Marks are as indicated.
- This supplementary examination is worth 40 of the 100 marks allocated to this unit.
- It is a requirement of this unit to achieve a minimum of 40% of the examination value.
- Your answer script should be 2500 words in total, ± 10%. You are required to include your word count on the title page.
- Answers must be typed.
- The examination submission is one document. Question numbers must be clearly shown beside each answer. References MUST be provided in-text and in a reference list as per the Harvard 2002 style of referencing. Please also include a Table of Contents. However, there is NO requirement to include an abstract, introduction or conclusion with your examination.
- The Department’s system of referencing must be used.
- Plagiarism, including copying the work of other students or any form of collusion is a punishable offence and may result in failure of the unit and/or exclusion from the AMC (refer to the section on Plagiarism in the Toolbox).
- This examination consists of 3 pages.
- Lecturing staff (Unit Co-ordinator/s) associated with the course are not available to provide guidance on the examination. If you have any questions regarding this examination please contact Distance Education. They will direct your query as appropriate.
Maritime and Logistics Management Question 1
(Words will not count towards the word limit)
Consider the following two options for the vessel MV KONTA which is available for new employment at Port of Ras Tanura. The vessel’s details are as follows:
Deadweight : 70,000 tonnes
Fresh water : 400 tonnes
Constants : 300 tonnes
Fuel consumption at sea: 35 tonnes per day (The vessel must carry 300 tonnes of fuel in addition to that required for the voyage)
Fuel consumption in port: 3.5 tonnes per day
Daily running costs : $3,500
Option 1 is a voyage from Port of Ras Tanura to Aberdeen port under a voyage charterparty. Details of the proposed employment are as follows:
Voyage charterparty details:
Sea voyage duration : 35 days
Time in ports : 11 days (in total)
Loading port charges : $25,000
Discharging port charges : $20,000
Suez Canal charges : $50,000
Freight rate : $19.5 per tonne
Bunker cost : $425 per tonne
Total Commission: 4.5%
Option 2 is the hire of MV KONTA under a time charterparty at a daily hire rate of $9,100 for a period of 60 days. Delivery is at Port of Ras Tanura and redelivery at Aberdeen Port. Total Commission is 4.5%.
Which one is the better employment option for MV PANDA from the shipowner’s perspective? Justify your choice with appropriate explanations and calculations.
Maritime and Logistics Management Question 2
From a charterer’s perspective, discuss the importance of the following topics that are commonly contained in many charterparties and liner bills of lading:
- Himalaya Clause
- Paramount Clause
- General Average and Salvage
- The Scope of Voyage
- Government Directions,
- The amended Jason Clause
- Maintenance of ship
- Naming of loading and discharging ports
[(2+2+2+2+2+2+2+2+2+2) 20 Marks]
Maritime and Logistics Management Question 3
Refer to the Gencon 94 and NYPE 93 charterparties provided in Appendices 1 and 4 of your Readings and answer the following question:
Identify the common types of dispute(s) that may arise between shipowners and charterers under each charterparty and discuss how these disputes may be avoided and / or resolved.
Last Updated on March 3, 2019 by EssayPro