marlamamba ®   30-Jan-2019 16:01

Shipbuilding Contracts


Year: 2008
Language: english
Author: Hill Dickinson LLP
Genre: Guide
Publisher: Hill Dickinson LLP
Format: PDF
Quality: eBook
Pages count: 22
Description: This guide provides clients with an indication of the main issues that will need to be considered in any negotiations between a Buyer and its selected Builder (or as part of any tender process that is undertaken) and to provide an idea of the type of terms that are commonly agreed.
The competing interests of Buyer and Builder and potential for unforeseen circumstances to delay or cause difficulties with the build the likelihood of dispute becomes almost inevitable if these issues are not addressed and dealt with in a properly negotiated and documented contract so that the rights and obligations of each party and the risks that they are to bear are clear.
Without such a process, expensive legal proceedings and delays to delivery are often the result. With it the likelihood of such disputes can usually be minimised.

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