Law of Shipbuilding Contracts, 3rd Edition

Law of Shipbuilding Contracts provides a comprehensive guide to the legal principles governing contracts for the construction of ships. If you are involved in advising a client on shipbuilding contracts, or are a negotiator trying to arrive at the best possible result, the financial penalties of failure can be huge. Give yourself the best chance for success by having the Law of Shipbuilding Contracts on your desk

The Law of Shipbuilding Contracts, 3rd Edition provides a comprehensive update of legislation and developments that have affected the law of shipbuilding and conversion contracts since the last edition, six years ago.

This book provides

• An examination of important recent developments in English case and statute law relating to shipbuilding, in particular:-
• the various key decisions of the House of Lords and Court of Appeal in Stocznia Gdanska v Latvian Shipping Company (1995 - 2002), relating principally to the effect of the buyer's default in payment and the builder's right of cancellation
• Cenargo Ltd. v. Empresa Nacional Bazan (2001), concerning the buyer's right to claim liquidated damages for deficiencies in the Vessel's performance
• BMBF (No 12) Ltd v Harland & Wolff (2001), concerning buyer's right to take possession of the vessel in the event of the shipyard's default
• China Shipbuilding v NYK (2000), concerning the scope of the builder's post-delivery guarantee
  • the Contract (Rights of Third Parties) Act 1999 which has extended to certain third parties right to enforce

• English law contracts

• A detailed analysis of the new European (AWES) standard form of shipbuilding contracts, adopted in 1998, together with a line-by-line review of the Japanese standard form, used throughout Asia and elsewhere.

Essential reading for

Purchasers and charterers of newbuilding tonnage
Shipbuilders and offshore construction yards
Lawyers and insurers working in the maritime and offshore oil and gas sectors 
Banks and other finance providers