Sale of Ships: The Norwegian Saleform, 2nd Edition

Shipping / Transportation Law

Sale of Ships: The Norwegian Saleform, 2nd Edition

Edited by Malcolm Strong · Paul Herring
Sweet & Maxwell U.K. December 2009

Specifications

ISBN-13
9781847034526
Publisher
Sweet & Maxwell U.K.
Publication
December 2009
Format
Hardback , 512 pages
Jurisdiction
International ? Countri(es) for reference only

Details

Providing a practical and detailed guide to the buying and selling second-hand ships according to the Norwegian Saleform, it:

  • Covers the method of buying and selling second-hand ships according to the Norwegian Saleform
  • Offers clause-by-clause commentary on the full contract
  • Highlights the very tricky contractual problems that can arise
  • Provides comparisons with Saleform 87, Nipponsale 93 and Nipponsale 99
  • Sets out the pitfalls and problems to look out for when drafting contracts
  • Places the contract in the context of general contract law, the Sale of Goods Act and the Unfair Contract Terms Act 1977
  • Offers an expert clarity and insight into the more doubtful areas of the law
  • Presents the information in a very practical and easily understood manner
  • Examines the impact of the recent money laundering legislation
  • Provides new coverage on the re-sale of shipbuilding contracts
  • Offers expanded coverage of damages
  • Includes a wealth of practical documents including sample letters and memoranda of agreement

Table of Contents

  • 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
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