Ship Building, Sale and Finance (Maritime and Transport Law Library)From Informa Law from Routledge
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Ship Building, Sale and Finance (Maritime and Transport Law Library)From Informa Law from Routledge
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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.
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 Davis Garrard 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.
Ship Building, Sale and Finance (Maritime and Transport Law Library)From Informa Law from Routledge- Amazon Sales Rank: #4677954 in Books
- Published on: 2015-10-08
- Original language: English
- Number of items: 1
- Dimensions: 9.80" h x 1.30" w x 6.90" l, 2.40 pounds
- Binding: Hardcover
- 524 pages
About the Author
Barış Soyer is Professor of Commercial and Maritime Law and 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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Most helpful customer reviews
0 of 0 people found the following review helpful. You need this book By Phillip Taylor MBE BECAUSE ‘HAVING A SHIP CONSTRUCTED IS NOT LIKE ORDERING A NEW FORD FOCUS’,SHIPPING PRACTITIONERS NEED THIS BOOK.An appreciation by Phillip Taylor MBE and Elizabeth Taylor of Richmond Green ChambersOne of the recently published additions to Informa’s Maritime and Transport Law Library, this book presents the latest thinking and research in – as the title indicates – ‘Ship Building Sale and Finance’. Its five-hundred or so pages contain fifteen chapters, each a mini-thesis, so to speak, on specific topics within this subject area.To say that the co-editors plus the thirteen contributors are leading experts in this field is no doubt an understatement, as all of them hail from leading specialist chambers and law firms, as well as top academic institutions, mostly in the UK. Each chapter presents with clarity and illuminating detail the salient points the shipping practitioner needs to know, with an approach that is both plain-speaking and practical.This volume presents the work of the tenth IISTL Colloquium, this being the Institute of International Shipping and Trade Law. Founded in 2,000 at the Swansea Law School, the Institute promotes the academic study and development of maritime and commercial law and organizes regular colloquia in this area. The co-editors Andrew Tettenborn and Baris Soyer are at Swansea Law School, together with some of the other contributors.Writing in the Foreword, Lord Clarke has described the book as a ‘tour de force’. Six of the chapters are on legal issues relating to shipbuilding, followed by the remaining chapters on ship sale contracts and practice. The book, says Clarke is ‘a most impressive body of work on a whole area of the law’ -- and referring further to the formidable amount of research it contains – he notes that it has ‘no less than 1,165 footnotes!’Actually, the contents of the book are grouped into three parts. The first section covers legal issues relating to shipbuilding and the application of standard form contracts to general contractual principles and other relevant topics, notably risks insurance and refund guarantees.In Part 2, the focus on ship sale contracts and practice narrows a bit, to include a chapter on ‘the battle of the sale forms, and another on the ‘as is’ provisions in ship sale and purchase contracts. The final chapter in this section, which covers the practicalities of ship sales in the current market, summarises both the practical aspects and the pitfalls that a practitioner is likely to encounter. Interestingly, the author notes here that ‘English law and London arbitration remain the preferred choice in the vast majority of ship sale and purchase deals.’The third and final section of the book deals with an intriguing range of financial issues relating to ship mortgagees and various aspects of shipping finance, including using derivatives to finance ship sales and shipbuilding. Plus, there are eight appendices and a useful index at the back and twenty pages containing tables of cases and statutes.To quote from the highly readable text, ‘having a ship constructed is not like ordering a new Ford Focus.’ It is rather, ‘a highly co-operative long-term exercise between the buyer, the yard and others involved in the transaction.’ There are literally hundreds of such insights to be found in this book, which, if you are a shipping lawyer, you will find invaluable.The publication date is cited as at February 2015.
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