Keating on Shipbuilding and Offshore Engineering Contracts
provides in-depth guidance on the agreements involved in the construction of ships, rigs and other offshore vessels and structures.
It is groundbreaking in approach, drawing together the traditional Admiralty based law on ship building with the land based construction law which increasingly drives this area.
It will equip marine construction lawyers with a one-stop reference on all aspects of the modern shipbuilding and offshore engineering contracts and for dealing effectively with the problems that may arise. Written by a team of expert practitioners from Keating Chambers, the book:
- Examines the main standard form agreements used in shipbuilding, from Lloyds, BIMCO, the Japanese Ship Building Authority and the Shipbuilders' Association of Japan
- Discusses the formation of marine construction contracts and the Rules of Construction used in marine construction
- Analyses in detail all the issues surrounding Time in contracts, the obligations, delay and extensions
- Covers Changes to contract terms and considerations that need to be made from contractor and buyer's perspectives
- Looks at Payment, including potential extra payments, permissible delay and damages
- Considers Termination of the contract at length
- Discusses the types of vessels covered by marine construction contracts: ships, FPSOs, rigs, semi submersibles
- Looks at the documents required for creation of a shipbuilding contract e.g specifications, drawings, programmes of work
- Deal with guarantees, bonds and insurance
- Covers the dispute resolution frameworks used in international shipbuilding contracts, including litigation in the Commercial or Technology and Construction Court, ad ADR
- Examines shipbuilding case law in-depth with insightful commentary