Despite its international character, the shipping sector is highly regulated compared to other sectors of the economy that also operate in a global business context. In reality, the shipping sector needs legal advisors and managers who are well equipped with the knowledge of both legal and business subjects, capable of functioning in different jurisdictions and dealing with a plethora of legal and business challenges.
Therefore understanding the interrelation between regulations, transportation, business, economic growth and globalisation has become an even more demanding and complex task. Against this, any advocate or business professional has to be an expert in both disciplines: Law and Shipping Business, in order to be a credible consultant. It is therefore the ambition of this Programme to provide students with a thorough understanding of the integration of Law & Business. This practically means that the modern shipping professional, either jurist or manager, will be educated on the detailed international regulatory framework as well as the specialised managerial and business practices and the economics that govern this unique industry. This will be their competitive advantage.
Accordingly, the Programme covers all legal subjects that are necessary for a maritime lawyer; at the same time, it prepares students to become maritime business executives. The proposed Postgraduate Degree aims to develop this combination of essential knowledge and skill-sets, much needed in today and tomorrow’s maritime sector.
You are also offered the opportunity of Concentration, based on the Elective Group of your choice, in one of three areas:
Commercial Shipping and Trade Practices;
Oil and Gas Management.
Students are eligible for the MA, if they hold an undergraduate business-oriented Degree. Students are eligible for the LLM, if they hold an LLB Degree, or a relevant Bachelor Degree combined with an extensive professional legal experience.
Key Learning Outcomes
Upon successful completion of this Programme, the students should be able to:
- Advise, litigate and negotiate based on the rules of admiralty, international trade, and marine insurance, law of carriage of goods, corporate law and the relevant regulatory context.
- Demonstrate negotiation skills, communication and professional skills, both oral and written.
- Apply independent analysis, research and writing on both law and business.
- Understand the aspects relating to international dispute resolution (conventional and alternative dispute resolution) and the importance of cooperation and amicable dispute settlement without the sacrifice of efficiency and perseverance in justifiable goals and rights.
- Demonstrate a comprehensive knowledge and understanding of the structures, processes and institutional practices of shipping and trade in the global marketplace.
- Apply tools and techniques relevant to various aspects of the shipping business, along with broad business skills required in managerial roles within the maritime and associated industries.
- Develop, implement and promote activities relevant to law, shipping business, international trade and shipping management by making good use of the combined knowledge from the aforementioned disciplines and critically assess the situations and phenomena of the industry as educated professionals.
- Demonstrate the appropriate knowledge and application of methods required to proceed to a research degree (MPhil, PhD etc.)
A wide range of career opportunities, in demanding and challenging posts, is available to prospective graduates that are positioned favourably in the local labour market for the newly created employment opportunities.
The diversity of the maritime and trade sectors (forming the “blue economy” sectors) includes many hundreds of large, medium and small firms, all of which are in need of skilled and versatile professionals.
This Programme is carefully designed to produce professionally competent and skilful professionals, lawyers and managers that are able to work at executive and managerial levels. Indicatively, the sectors of society and the economy that are being benefited from the added value of this Programme’s graduates are:
- Onshore and offshore personnel of maritime companies
- Legal and Judicial sector
- Banking, Finance and Insurance sector
- International Trade and export- import sector
- Business sector
- Energy sector
- Public sector
- Agencies with regulatory responsibilities
- National and international organisations
- Research and academic sector.
All those sectors need to draw upon the same pool of well-educated people. It is worth mentioning again that the Programme is unique in Cyprus and one of the few offered worldwide.