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Ship Building, Sale and Finance

Ship Building, Sale and Finance

  • Author:
  • Publisher: Informa Publishing
  • ISBN: 9781032179674
  • Published In: October 2021
  • Format: Paperback , 488 pages
  • Jurisdiction: International ? Disclaimer:
    Countri(es) stated herein are used as reference only

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  • Description 
  • Contents 
  • Author 
  • Details

    Written by a team of acclaimed practitioners and leading academics, this book brings together in one single volume an analysis of contemporary legal issues concerning ship building, sale and finance contracts. It offers a comprehensive, expert and thoroughly practical guide on what is a very complex area of law in today's international shipping industry.

    The book presents a detailed and critical analysis of standard and non-standard shipbuilding and sale contracts, including vital but often overlooked issues such as payment and refund guarantees, which have been at the forefront of recent litigation and practice. It also critically and thoroughly analyses several types of standard insurance contracts, including shipbuilder's risks and mortgagee's interests, which are not adequately dealt with elsewhere and it provides a critical and contemporary discussion on the legal and practical issues surrounding ship finance, ship mortgages and more esoteric issues such as the use of bareboat charters and financial derivatives.

    This book is an indispensable guide for legal practitioners, academics and industry professionals worldwide. The book is divided into 3 parts; Legal Issues relating to Ship Building, Ship Sale Contracts and Practice, and Legal and Practical Issues relating to Ship Finance. Each has been expertly contributed to by the leading practitioners and academics in the field from top firms, chambers and institutions including; Ince & Co, Quadrant Chambers, Curtis Davies Gerrard LLP, Holman Fenwick Willan LLP, Watson Farley & Williams LLP, 7 Kings Bench Walk, and Institute of International Shipping and Trade Law (IISTL) of Swansea University.

  • Part I: Ship Building

    1. Battle of the Contract Forms: Dissimilarities in Standard Shipbuilding Contracts Professor Andrew Tettenborn
    2. Salient Features of Newbuildcon Chris Kidd
    3. The Application of the Prevention Principle in Ship Building Context Simon Kverndal QC
    4. Remedies for Breach of Shipbuilding Contracts- Is English Law fit for Purpose? Simon Curtis
    5. Drafting and Interpretation of Payment and Refund Guarantees in Shipbuilding Context John Forrester
    6. Insuring Newbuilds- Standard Contracts and Problems Professor Baris Soyer

    Part II: Sale and Purchase of Second Hand Tonnage
    7. Practicalities of Ship Sale and Purchase in the Current Market William Maclachan
    8. Implying Terms into Ship Sale Contracts Simon Rainey QC
    9. Key Aspects of Singapore Ship Sale Form Matt Hannaford

    Part III: Ship Finance

    10. Ship Mortgages: Enforcement and Remedies Charles Buss
    11. Mortgagee’s Interest Insurance Peter Macdonald-Eggers QC
    12. Lease Finance and Demise Charters. Lessors’ Risks and Liabilities Professor Simon Baughen
    13. Ship Finance and Demise Charters: Repairing , Maintenance and Redelivery Condition DrTheodora Nikaki
    14. Shipping Finance and Sanctions David Osborne
    15. Using Derivatives to Finance Shipbuilding and Ship Sales Professor Olivier Cachard
    16. Ship Financing and Insolvency Lia Athanassiou

  • Baris Soyer is Professor of Commercial and Maritime Law amd Director of the Institute of International Shipping and Trade Law, Law School, Swansea University .

    Andrew Tettenborn is Professor of Commercial Law at the Institute of International Shipping and Trade Law, Law School, University of Swansea.

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