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 operating 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.