Amrita Vishwa Vidyapeetham 2007 M.B.A Chart Management MB 317 - Question Paper

M.B.A. Chart Management MB 317 Dec 2007
Time : 3 hours Maximum : 100 marks
Attempt any 5 ques..
1. Define Bareboat Chartering and how it differs from Demise chartering.
2. Explain the term Panamax, Handy max, ULCC and VLCC.
3. Explain the term “Our Word is Our Bond”.
4. What is Dead Freight? discuss how it is computed.
5. What is breach of warranty of authority.
6. What is called Optimum Bunker Port? Mention the name of the ports in which the bunker prices are generally cheaper.
7. Define and distinguish ranging from Clean Bill of Lading and Claused Bill of Lading.
8. Explain the term World Scale (WS).
PART B — (4 ? 15 = 60 marks)
Attempt 4 ques..
9. Explain the capital Charges, Daily Running Costs, Voyage Costs and Cargo Expenses and how they are recovered under various charter parties.
10. Explain Hague Rules and Hague Visby Rules and state the main difference ranging from Hague Visby Rules and Hamburg Rules.
11. Calculate the Despatch amount payable on “working time saved” basis for the following: A GENCON berth C/p with changes and rider clauses, provides for:
Cargo — Full Wheat subject to vessel’s capacity; expect vessel to load about 7125 MTs and to discharge 2500 MTs at 1st discharging port with remainder at 2nd discharging port.
Laytime for loading: 750 MTs per WWD, SHEX, u.u.
Laytime for discharging : 750 MTs per WWD, SHEX, u.u
Laytime clause : “Laytime for loading and discharging shall commence at one p.m.
If NoR is provided before noon and at eight a.m. next working day if notice provided during officer hours after noon.
Time truly used before commencement of laytime shall count. Time lost in waiting for berth to count as loading or discharging time as the case may be.” Demurrage & dispatch clause “At loading and discharging ports demurrage at the rate of USD 1200 perday or pro rata for any part of a day to be paid by Charterers. Despatch at the rate of USD 600 per day or pro rata for any part of a day to be paid by owners for working time saved.”
STATEMENT OF FACTS - 1st DiscHARGE PORT
Vessel arrived at Pilot Station – 0900 hours on Friday ninth Sep
Vessel berthed – 1240 hours on Friday ninth Sep
NOR tendered – 0900 hours on Friday ninth Sep
NOR accepted – 0900 hours on Friday ninth Sep
Cargo weight/qty – 5000 MTs
Discharge commenced – 1630 hours on Friday ninth Sep
Discharge completed – 1615 hours on Monday twelfth Sep
Laytime allowed for loading - 3D 08H 00M
12. Discuss the factors which would influence a charterer to fix a Voyage charter or Time charter
13. Set out the main areas of P & I cover available to Ship Owners and Charterers and Ship brokers
14. Define and explain the Notice of Readiness (NOR) and Statement of Facts (SOF) and explain the importance of documents.
15. (a) define and distinguish ranging from Registration, Classification and Certification
(b) Elucidate ‘‘There are only Bad ships and NOT bad flags”.

Earning:   Approval pending.