Introduction to risk management and derivatives -- Introduction to shipping markets -- Statistical tools for risk analysis and modelling -- Freight market information -- Forward freight agreements -- Technical analysis and freight trading strategies -- Options on freight rates -- Pricing and risk management of option positions -- Value-at-risk in shipping and freight risk management -- Bunker risk analysis and risk management -- Financial and interest rate risk in shipping -- Credit risk measurement and management in shipping -- Ship price risk and risk management -- Real options and optionalities in shipping.