2-YEAR M.A. (MARITIME LAWS)

SEMESTER – III

2.3.7 PORT OPERATIONS AND COASTAL ZONE MANAGEMENT

MODULE-I - CONCEPT OF PORTS AND THEIR OPERATIONS - Introduction, History and evolution of ports; importance of ports; need for port operations.

MODULE - II - PORT ECONOMICS AND MANAGEMENT - Introduction; port economics; port management in India; port resource management; port demand.

MODULE-III - PORT OPERATIONS IN INDIA INCLUDING SAGARMALA - Major ports in India; structure of ports; tasks performed by ports; management of ports; laws and policies relating to port management; Sagarmala project.

MODULE- IV - COASTAL ZONES AND COASTAL ZONE MANAGEMENT - Introduction; meaning and definitions of coastal zones; advantage of coastal zones; strategic importance of coastal zones; need for coastal zone management; laws and policies relating to coastal zone management; regional and global aspects of integrated coastal zone management.

MODULE-V - PORTS AND COASTAL MANAGEMENT: ROLE OF TECHNOLOGY - Introduction; need for technology advancement in ports; need for technology advancement in coastal zone management; Technologies used in ports and coastal zone management; capacity building and technology transfer issues; case studies.

MODULE-VI - MARITIME FORENSICS - Introduction; Ship accidents and hijacking and collection of evidences; Use of GIS and Remote Sensing technologies in marine forensics; Case studies.

2.3.8. THE LAW OF SHIPPING CONTRACTS

MODULE-I - FUNDAMENTALS OF CONTRACT - Essentials of Law of Contracts; Offer and Acceptance; Consideration; Capacity to Contract; Consent; Discharge and Breach of Contract; Remedies for Breach of a Contract.

MODULE- II- INTRODUCTION TO SHIPPING CONTACTS - Introduction; Need for shipping contracts; main features of shipping contracts.

MODULE-III - PRINCIPLES OF SHIPPING CONTRACTS - Principle of Towage, The Making of the Contract and Implied Terms, Standard Towage Conditions.

MODULE-IV - STANDARD SHIPPING CONTRACTS - International Shipping Contracts; International Contractual Negotiations; Principles for Drafting International Commercial Contracts; Implied obligations in a contract of affreightment; international jurisdictions over individual employment contracts.

MODULE-V - INTERNATIONAL LAW ON SHIPPING CONTRACTS - Law of Salvage; Precondition of Salvage; International Salvage Convention Overview ; Maritime Labour Contract; Contract of Shipbuilding.

MODULE-VI : BREACH OF CONTRACT - forms of breach; anticipatory breach; effects of breach - conditions and warranties; intermediate terms; effects of a repudiatory breach; action for damages - remoteness of damage; measures of damage; remedies other than damages - specific performance; injunction.

2.3.9 MARITIME ECONOMICS

MODULE-I: INTRODUCTION TO ECONOMICS - Economics : Meaning and Nature; Definition and Concept of Economics; Nature of Economics; Nature of Economic Law; Micro-Economic Analysis; Macro-Economic Analysis; Economies and Law of Demand; Demand Analysis; Law of Demand; Elasticity of Demand; Demand Forecasting; Economies and Law of Supply; Meaning of Supply; Law of Supply; Classification of Supply; Supply Function; Elasticity of Supply; Market Equilibrium.

MODULE-II - SHIPPING COMPANIES AND MARKET ECONOMICS - Shipping Market Cycles - Introducing the shipping cycle; Characteristics of shipping market cycles; Shipping cycles and shipping risk; Overview of shipping cycles, Prediction of shipping cycles; Supply, Demand and Freight Rates; The shipping market model; Key influences on supply and demand; The demand and supply for sea transport; The freight rate mechanism; The revenue the ship earns; Four methods of computing the cashflow; Valuing merchant ships; Financing Ships and Shipping Companies; Ship finance and shipping economics; How ships have been financed in the past; The world financial system and types of finance; Risk, Return and Shipping Company Economics; The performance of shipping investments; The shipping company investment model; Pricing shipping risk.

MODULE-III - SEABORNE TRADE AND TRANSPORT SYSTEMS - The Geography of Maritime Trade; The value added by seaborne transport; Oceans, distances and transit times; The Principles of Maritime Trade; The building-blocks of sea trade; The Transport of Bulk Cargoes; The commercial origins of bulk shipping; The bulk fleet; The bulk trades; The principles of bulk transport; The Transport of Specialized Cargoes; The Transport of General Cargo.

MODULE-IV - THE MERCHANT FLEET AND TRANSPORT SUPPLY - The Ships that Provide the Transport; The Economics of Shipbuilding and Scrapping; The role of the merchant shipbuilding and scrapping industries; The regional structure of world shipbuilding; Shipbuilding market cycles; The economic principles; The shipbuilding production process; Shipbuilding costs and competitiveness; The Regulation of the Maritime Industry; How regulations affect maritime economics.

MODULE- V - FORECASTING AND PLANNING - Maritime Forecasting and Market Research; The approach to maritime forecasting; Key elements of the forecast; Preparing for the forecast; Market forecasting methodologies; Market research methodology; Freight rate forecasting; Developing a scenario analysis; Analytical techniques; Forecasting problems.

MODULE-VI - BLUE ECONOMY - Introduction and meaning; Ocean development strategies; ocean health; need of Blue Economy; Approach of various countries on blue economy; Stance of International Institutions and regional bodies on Blue economy.

2.3.10 MARINE INSURANCE LAW

MODULE-I - INTRODUCTION TO INSURANCE LAW - Introduction, nature, scope of insurance; insurable interest; warranties; duty of utmost good faith; premium.

MODULE-II - INTRODUCTION TO MARINE INSURANCE - Introduction; history and evolution of Marine Insurers-The Early Evolution ofLloyd's; The Rise of Lloyd's to Prominence within the Marine Market; The Institute of London Underwriters and the International Underwriting Association of London; The Mutual Insurance Associations; Government Involvement in Marine War Risks Insurance.

MODULE-III - MARINE INSURANCE LAW - From Law Merchant to Common Law: Early Development of Marine Insurance Law; The Nature of Marine Insurance.

MODULE-IV - INSURANCE CONTRACT AND INSURABLE INTEREST - Formation of Insurance contract; Insurable interest; wagering contracts; actual loss; constructive loss; partial loss.

MODULE-V - DUTY OF UTMOST GOOD FAITH, WARRANTIES AND PREMIUM - nature and scope of duty of utmost good faith; burden of proof; hazards; duration of duty of good faith; definition of warranties; express and implied warranties; remedies; waiver; effect of receipt of policy; consequences of non-payment of premium.

MODULE-VI - CAUSATION AND MARINE PERILS - causa proxima; insured perils; exceptions; collision liability clause; sue and labour expenses; fraudulent claims; brokers; fraudulent claims; reinsurance.