1. Name of the Course課程名稱
Chinese Name:航運投資類型與戰略
English Name: Shipping Investment Patterns and Strategies
2. Overview of the Course課程概況
Category課程類別：Major Optional Courses Class hours學時數：32 Credit學分數：2
Profession適用專業🤽🏽：Transportation Planning and Management Semester開課學期：The 2nd Semester
College開課單位🛻：College of Transport and Communications
3. The Writer大綱編寫人👂🏿：Visiting Professor
4. The Objective and Requirement of the Course教學目的及要求
The module aims at:
• Providing a deep understanding of the general economic and market context within which the shipping investment decision is taken.
• Analysing the sources of uncertainty when investing in shipping
• Examining the different investment constraints in the various shipping segments
• Discussing investment challenges in cyclical markets
• Identifying patterns in shipping investment and expectations
• Classifying risk related to investment in shipping
• Discussing investment strategy on the basis of historic case studies
• Learning Outcomes:
By the end of the module, students should be able to:
• Analyse the constraints of shipping investment in a volatile environment
• Identify sources of risk related to shipping investment
• Have a thorough understanding of the validity of past strategies and be able to evaluate present and future challenges
5. Main Content of the Course and Pre-course課程主要內容及先修課程
Chapter 1: Challenges for shipping investment: An introduction
Chapter 2: Different markets - Different shipping investment constraints
Chapter 3: Market cyclicality and shipping investment
Chapter 4: Shipping investment patterns and investor expectations
Chapter 5: Increased uncertainty and shipping investment challenges
Chapter 6: Case studies: A historic review of shipping investment strategies
6. Teaching Methods課程教學方法
· Classroom activities: Class teaching 80% class discussions and case study 20 %
· Out of class activities: assigned and supplementary readings 70% - preparation of case studies 30%.
7. Methods of Examination課程考核方式
Assessment Methods | Weighting % | Notes | |
1 | Writing Test | 80% | Research topics will be discussed in class |
2 | Presentations of case material and participation in class discussion | 20% | During case discussion, individual students make presentations and participate in class discussion. |
8. Textbook課程使用教材
（1）Thanopoulou, H.A. (2010). Investing in Twenty-First Century Shipping: An Essay on Perennial Constraints, Risks and Great Expectations. Chapter 23 in C. Grammenos (Ed.), The Handbook of Maritime Economics and Business, 659-682. 2nd edition. London: Informa.
（2）Haralambides, H. E., & Thanopoulou, H. (2014). The Economic Crisis of 2008 and World Shipping: Unheeded Warnings. SPOUDAI-Journal of Economics and Business, 64(2), 5-13.
9. Main References課程主要參考資料
（1）Stopford, M. (2009). Maritime Economics. 3rd edition. London: Routledge.
（2）Thanopoulou, H. A. (1998). What price the flag? The terms of competitiveness in shipping. Marine Policy, 22(4), 359-374.