SASI CREATIVE SCHOOL OF BUSINESS, MYLERIPALAYAM, COIMBATORE 641032

IIMBA I Semester Test No. 3 BA 7063 Fundamentals of Shipping

Part-A (5 Q X 2 = 10 Marks)
1. What are the different types of ships?
2. What are the Liner Agency Functions?
3. What are the statutory documents carried on the board of a ship while carrying dry bulk cargo?
4. What are the different types of Tankers and Gas Carriers?
5. State the difference between Ship forwarder broker and Freight Broker.

Part-B (5 Q X 6 = 30 Marks)
1. Explain the functions of International organisations which serve the shipping Industry. Or
Explain the need for ship registration and classification.
2. Explain conferences, consortium agreements, alliances and NVOCs in the liner trade and what
are the advantages and disadvantages of each. Or
The liner trade is steady growing with bigger and bigger ships coming into the market. Shipping
lines, in order to compete and stay in the market have had to come up with ways to stay
competitive.

3. Explain the features of a Container Ship. What is ULCS? Or

Explain the relevance of dry bulk shipping business and feeder ports interface

4. Explain the different types of tankers? Highlight the special safety requirements for handling
tankers in ports? Or
Explain the liquid bulk shipping business and the factors affecting tanker freight systems
around the world.

5. Explain the functions of Service providers to Shipping Industry. Or

Identify and discuss the potential obstacles which may be encountered by a shipping company
located in a developing Country when attempting to raise equity or debt finance in both the
domestic and international markets.

Part-C ( Case Study - 10 Marks)

Read the case and answer the following questions:

Your company is looking to take management of two vessels and the owner has some doubts about manning
these using a mixed nationality crew. This is your normal policy for vessels under your management. Your CEO
needs to reassure the owner at his next meeting. Write a report for him briefly explaining:
(a) Why mixed nationality crews are employed.
(b) What methods you use to minimise friction on board caused by racial, cultural and religious differences.
(c) How you would ensure that the crews you recruit are appropriately experienced and trained.