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Law of Shipbuilding Contracts, 3rd Edition

Law of Shipbuilding Contracts, 3rd Edition

Author: Simon Curtis
Publisher: Informa Law
ISBN: 9781843111689
Published In: November 2002
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

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Description
Contents

Details

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

Nature of the shipbuilding contract
Formation of the shipbuilding contract
Article 1: Description and Class
Article 2: Contract Price and Terms of Payment
Article 3: Adjustment of Contract Price
Article 4: Approval of Plans and Drawings
Article 5: Modifications
Article 6: Trials
Article 7: Delivery
Article 8: Force Majeure
Article 10: Rescission by Buyer
Article 11: Buyer's Default
Article 12: Insurance
Article 13: Dispute and arbitration
Article 14: Right of assignment
Article 15: Taxes and Duties
Article 16: Patents and Trademarks
Article 17: Buyer's supplies
Article 18: Notice
Article 19: Effective date of Contract
Article 20: Interpretation
Article 21: Sundry Provisions
Agreements Ancillary
Ship Conversion Contracts
Appendix A: Variations to the SAJ Form
Appendix B1: AWES Form
Appendix B2: Norwegian Standard Form Shipbuilding Co
Appendix C: Japanese Insurance Clauses
Appendix D: Institute Clauses for Builders' Risks (1/6/88)
Appendix E: Rules of Arbitration of Tokyo Maritime Arbitration Commission (TOMAC) of the Japan Shipping Exchange, Inc.
Appendix F: OECD Sector Understanding on Export Credit
Appendix G: EU Council Regulation 1540/98
Delayed Delivery/Cancellation Insurance Clauses