Sale of Ships: The Norwegian Saleform, 3rd edition

Author: Malcolm Strong; Paul Herring
Publisher: Sweet & Maxwell U.K.
ISBN: 9780414034136

Previous Edition ISBN: 9781847034526
Published In: January 2016
Format: Hardback , 503 pages
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

List Price: RMB 3,970.56

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Description
Contents

Details

Sale of Ships provides in-depth coverage of the most commonly used contract form for the sale of second-hand ships: the Norwegian Saleform. It discusses the issues in clear language and uses a practical, clause-by-clause approach.

The new 3rd edition covers the recently introduced Saleform 2012, explaining amendments to nearly all the clauses introduced to better reflect industry practice and clarify areas prone to dispute.

Provides clear, clause-by-clause commentary on the saleform
Explains in practical terms what the clauses mean and what issues to look out for
Places the contract in the context of general contract law, the Sale of Goods Act and the Unfair Contract Terms Act 1977
Offers constructive opinions from experienced practitioners where the law is unclear
Highlights where the Saleform 2012 differs from the Saleform 93
Examines the Nipponsale 1993 and 1999, another commonly used contract
Presents step-by-step lists advising on how to proceed in specific situations
Explains the impact of recent money laundering legislation
Features a wealth of practical documents in the appendices: sample letters, memoranda of agreement, explanatory notes to the Saleform, and extracts from legislation and conventions

Norwegian Saleform.
Application of general contract law. Sale of Goods Act.
The Unfair Contract Terms Act 1977.
Overview of the main differences between Saleform '87 and Saleform '93.
Preamble and Clause 1 – Purchase price.
Clause 2 – Deposit.
Clause 3 – Payment.
Clause 4 – Inspections.
Clause 5 – Place and time of delivery.
Clause 6 – Drydocking.
Clause 7 – Spares/bunkers etc.
Clause 8 – Documentation.
Clause 9 – Encumbrances.
Clause 10 –Taxes, etc.
Clause 11 – Condition on delivery.
Clause 12 – Name/markings.
Clause 13 – Buyer's default.
Clause 14 – Seller's default.
Clause 15 - Saleform '93: Buyer's representatives and additional clauses.
Clause 15 (Saleform '87) and Clause 16 (Saleform '93) arbitration.
Signature of saleform contracts.
Legal position of classification societies.
Equitable remedies.
Arrest of vessels.
Nipponsale.
Appendices.