The Law of Shipbuilding Contracts
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The Law of Shipbuilding Contracts

The Law of Shipbuilding Contracts

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About the Book

The Law of Shipbuilding Contracts examines the principles of English contract law as these apply to shipbuilding. The leading text on shipbuilding and marine construction, widely used by the global maritime community, this new edition is updated to account for the "long tail" effects of the global economic crisis on the sector. The authors provide expert analysis on the key shipbuilding contract forms, including sections dealing with agreements ancillary to the shipbuilding contract and ship conversion contracts, together with — for the first time — contracts for the construction of offshore oil and gas vessels and units. The new edition has been comprehensively updated, including commentary on recent High Court decisions on shipbuilding contracts and, in particular, associated refund guarantees. The contractual and legal consequences of global economic turbulence and the resultant increase in the number and size of disputes in the shipbuilding sector are discussed, alongside coverage of other contemporary regulatory and legal issues resulting from environmental pressures and the trend for "cleaner", more efficient tonnage. A comprehensive and authoritative resource, this book is essential reading for buyers and charterers of newbuilding tonnage, shipbuilders and offshore construction yards, shipbrokers, banks and other finance providers, lawyers and insurers working in the maritime and offshore oil and gas sectors, as well as students of maritime law.

Table of Contents:
Preface PART ONE: Chapter One- Nature of the shipbuilding contract PART TWO: Chapter Two- Formation of the shipbuilding contract PART THREE: Chapter Three- Preamble Chapter Four- Article I - Description and class Chapter Five- Article II - Contract price and terms of payment Chapter Six- III - Adjustment of contract price Chapter Seven - Approval of plans and drawings and inspection during construction Chapter Eight- – Modifications Chapter Nine- – Trials Chapter Ten- Article VII – Delivery Chapter Eleven- Article VIII - Delays and extensions of time for delivery Chapter Twelve- Article IX - Warranty of quality Chapter Thirteen- Article X - Rescission by buyer Chapter Fourteen- Article XI - Buyer's default Chapter Fifteen- Article XII – Insurance Chapter Sixteen- Article XIII - Dispute and arbitration Chapter Seventeen- Article XIV - Right of assignment Chapter Eighteen- Article XV - Taxes and duties Chapter Nineteen- Article XVI - Patents, trademarks, copyrights etc Chapter Twenty - Article XVII - Buyer's supplies Chapter Twenty One- Article XVIII - Notice Chapter Twenty Two- Article XIX - Effective date of contract Chapter Twenty Three- Article XX – Interpretation Chapter Twenty Four- Article XXI - Sundry provisions Chapter Twenty Five- Guarantee Chapter Twenty Six- Other typical shipbuilding contract terms PART FOUR: Chapter Twenty Seven- Agreements ancillary to the shipbuilding contract PART FIVE: Chapter Twenty Eight- Ship conversion contracts Appendix A BIMCO NEWBUILDCON FORM Appendix B ILU Institute Clauses for Builders’ Risks


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Product Details
  • ISBN-13: 9780429766176
  • Publisher: Taylor & Francis Ltd
  • Binding: Digital (delivered electronically)
  • ISBN-10: 0429766173
  • Publisher Date: 29 Apr 2020
  • Language: English


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The Law of Shipbuilding Contracts
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