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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.
Helpfully divided into three parts, Part I 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.
Part II 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. Part III 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.