Maritime Economics

FOR18 Maritime Economics

Høst 2026

Vår 2026
  • Topics

    The main objective of the course is to give students a solid background on the economic aspects of maritime transportation, a broad knowledge of the international shipping industry, and an introduction of present state of challenges in the business.

    Topics:

    • Seaborne trade and transport systems.
    • Maritime transportation market segments.
    • Market cycles, supply and demand economics.
    • Green shipping
    • Shipping company cost, revenue and cashflows.
    • The economics of shipbuilding and scrapping.
    • Regulatory framework of the maritime industry.

  • Learning outcome

    Knowledge

    Upon completing the course students

    • Understand the importance of international shipping in the world economy.
    • Understand the market drivers of the shipping business.
    • Have a fundamental knowledge of how the industry evolves.
    • Understand the development of green shipping and the current challenges.

    Skills

    Upon completing the course students can

    • Identify and analyse the fundamental drivers for maritime transportation.
    • Refer to information and present matters that are influenced by maritime transportation.
    • Reflect upon the challenges facing by the international shipping industry.

    General competence

    Upon completing the course students

    • Can communicate and exchange opinions with others with a background in the field.
    • Have insight into the fundamental drivers of the international shipping industry.
    • Have good understanding of sustainable goals and challenges in the industry.

  • Teaching

    Teaching consists of lectures, case studies, assignments, and group work. Lectures will be in the auditorium.

  • Recommended prerequisites

    There are no requirements regarding previous courses, but students are expected to have some knowledge of the main theories and concepts in business and economics.

  • Credit reduction due to overlap

    None.

  • Compulsory Activity

    One quiz, to be answered individually.

  • Assessment

    Active participation in class, including in-class presentations and answering questions and/or making relevant contributions during lectures (20%).

    Group presentation, in groups of 2-4 students (30%).

    Individual oral exam, 15 minutes for each student (50%).

  • Grading Scale

    A-F

  • Literature

    Stopford, M. (2013): Maritime Economics, 3rd edition, London, Routledge.

  • Retake

    Retake in FOR18 will not be offered during the non-teaching semester (spring). Only mandatory bachelor courses with an individual written school exam or a home exam lasting up to one day will have a retake assessment in the non-teaching semester.

    For detailed information regarding the retake policy, please visit our website: https://www.nhh.no/en/for-students/examinations/retake-of-exams (copy URL).

Oppsummering

Studiepoeng
7,5
Undervisningsspråk
English.
Teaching Semester

Autumn. Offered autumn 2026

Course responsible

Assistant Professor Gabriel Fuentes, Department of Business and Management Science.