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BBA - International Trade and Law

International Transport and Insurance

Programme Objectives

The programme has the following aims:

  1. To enable the study of organisations, their management and the changing external and international contexts in which they operate.

  2. Equip individuals for and/or development of a career in international business and associated specialized areas in business development, marketing, finance and tourism management at a professional or equivalent level to assume managerial positions in the arena of international business.

  3. Development of the ability to apply knowledge and understanding of international business and management to complex issues, both systematically and creatively, to improve business and management practice.

  4. Enhancement of lifelong learning and personal development so as to be able to work with self-direction and originality and to contribute to business and society at large.

Benefits

On successful completion of the programme, participants will be able to:

  1. Demonstrate understanding of management theories, current issues of management, the development of conceptual frameworks to guide their application within organizations operating in an increasingly global and competitive environment.
  2. Acquire a strong foundation in key functional areas of business management to enable them to succeed as effective managers in an increasingly complex and dynamic environment.
  3. Exhibit a coherent body of knowledge on economic, ethical, environmental, legal, political, sociological and technological factors together with their effects at local, national and international levels upon the strategy, behaviour and management of organisations.
  4. Demonstrate command of a range of competencies relevant to cross-border management, including inter-cultural awareness and understanding.
  5. Acquire and use a range of concepts, tools and techniques for problem solving and decision-making for analyzing complex and inter-related business scenarios.
  6. Demonstrate and apply critical skills enabling the investigation and evaluation of valid and relevant management issues and practices.

Programme Content

Overview

This module allows students to:

  • To understand the general principle, law and practice in making and enforcing the international transport contract relating to international trade.
  • To understand the legal and contractual principles of marine insurance policy and contract.
  • To build up the potential to apply the principles and strategies in international transport and insurance to the students’ real business transactions enforced through the classes of “Administration of International Trade”.

Learning is facilitated via a series of lectures and supplemented with discussions of topics taking place in regular tutorials/ discussion forums. The majority of classroom content is lectures that outline the theory and practice of international marketing communication issues supplemented with relevant case studies.

Learning Outcomes

On completion of this module, students will be able to understand and build up the potential to apply the followings to the practical field.

  • Making arrangement of the international transport and marine cargo insurance contract considering the characteristics of the shipped cargoes.
  • Making efficient risk management in the fields of international transport and cargo insurance considering the fact that international transport is easy to be accompanied by various kinds of risk.
  • Supporting their real business transactions by making proper decision in transporting of their cargo to the final destination backed by cargo insurance.

Syllabus

This module covers the followings relating to international trade.

  • Basic obligations imposed to the traders in a contract of affreightment
  • Transportation of bulk cargo
  • Time charterparty vs. voyage charterparty
  • Concept / function of bill of lading
  • Hague / Visby Rules and Hamburg Rules
  • Multimodal transport
  • Breach of affreightment contract and remedies
  • Breach of affreightment contract and shippers’ claim for damages
  • Basic principles of marine insurance contract
  • Insuring shipped cargo under the Institute Cargo Classes 2009

Resources

  • John F. Wilson, Carriage of Goods by Sea, Person Longman 6th ed. (2008).
  • Dennis Campbell (ed): E-commerce and the Law of Digital Signatures (2005).
  • Dunt J. Marine Cargo Insurance, (Informa, 2009).