The aim of the course is to help students to
- Gain solid knowledge on the concept to risk, types of risk and relevant calculation methods, as it is a critical component of entrepreneurial decisions.
- Identify distinguished types of risk associated with shipping and port company business activities running in a highly volatile economic environment.
- Develop practical skills in dynamic models, methods, and instruments to manage risk exposures effectively, focusing on the maritime sector.
- Familiarize with the concepts and practical uses of financial derivatives (futures, options) as risk management tools in the shipping markets, especially shipping derivatives (to hedge against freight rate and vessel price volatility shifts).