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Explain the relationship between Forward Freight Agreements and their underlying physical freight/time charter market from literature

August 27, 2021
Christopher R. Teeple

1. Overview – The written project in MG 4169 Shipbroking and Chartering will challenge each student in addressing the learning outcome (see below) of the module through the topic mentioned below. 2. Learning Outcomes – Successful completion of this project will contribute to the student’s proficiency in the following learning outcome: L1. Analyze and explain key concepts in shipbroking, chartering practice and charter/agency contracts. (analysis) 3. Content – The following topic will form the basis for the written project for all students: “Relationship between Forward Freight Agreements, freight market and time charter market” In your project you are expected to analyse the relationship between Forward Freight Agreements and their underlying physical freight/time charter market. The student’s personal judgement on the strength and the direction of the relationship between the Forward Freight Agreements, freight market and time charter market is imperative. This project requires students to select a shipping segment/asset class, other than the shipping segment/asset class selected for the First Assessment. The following content is suggested for the analysis of the topic in question. • Explain the relationship between Forward Freight Agreements and their underlying physical freight/time charter market from literature • Select a segment (i.e. dry, tanker, gas) and asset class from maritime shipping industry • Compare the movement of Forward Freight Agreements, freight rates and time charter daily rates • Infer the relationship between Forward Freight Agreements and their underlying physical freight/time charter market from your analysis and compared it with the relationship as described in literature 4. Format – Each student will prepare the written project using the following required format: • Title page – Include the title of the project, the student’s name and the DEREE identification number, the course number and name (e.g., MG 4169 Shipbroking and Chartering), the project due date, the instructor’s name and the word count. • Table of Contents – Identifies the sections (introduction, main body, conclusion, and the appropriate headings and subheadings throughout) in the written project and the associated page number for each. • List of Figures – Identifies the figures of the report. List page numbers of all figures. The list should include the title for each figure. • List of Tables – Identifies the tables of the report. List page numbers of all tables. The list should include the title for each table. • Introduction – Includes a brief statement of what the student intends to accomplish in the project, and a summary of what follows in main body. • Main Body – Includes the development of the selected topic (with appropriate headings and subheadings within the main body). • Conclusion – Includes a brief statement of what you have accomplished through your discussion in the main body of the project. • Tables – Tables should supplement, not duplicate, the text. Give each table a caption. Place a table caption single-spaced above each table. • Figures – Give each figure a caption. Place a figure caption single-spaced below each figure. • References – Identifies the academic sources and other published information which you have used (e.g., journal articles, books, your textbook in this course, conference proceedings); please refrain from using Wikipedia and other wiki sources, as generally, they are not considered to be academic sources. • Attachments – Includes written material, visual aids and graphics that you choose not to place in the main text. • Appendix – Includes related material not deemed necessary to be in the main text. • Turnitin Originality Report – the Turnitin Digital Receipt and the entire Originality Report must be attached at the end of the project. • Folder – Place the project in a folder of your choice; it should not be submitted only with the pages stapled or clipped together in the upper left corner. 5. Mechanics – Each student should adhere to the following technical requirements: • Documentation: APA style is required; a guide is available at: libguides.acg.edu – Easybib Pro. • Word length: 1,800 – 2,200 words; it is compulsory to report the number of words at the end of the paper. A violation of the specified word limit results in a 10% grade penalty in the student’s work. • Submission: The project must be word processed, and each student will submit the project electronically and in paper copy. • Typing: Use letter font Calibri 11. Please use line space at 1.15 and margins of 2.54 cm and 3.17 cm for top-down and left-right, respectively. Leave space between paragraphs of 6 pt. Use headings (Bold 12 font) and subheadings (Italic 11 font) where appropriate with space of 18 pt and 12 pt for headings and subheadings, respectively.

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