Ship Sale and Purchase
is an essential working guide for anyone involved in the business of
making ship sale contracts and also in the resolution of related
disputes. It continues to be of great practical use, highlighting
typical problems and tensions between the parties to ship sale
contracts, as well as best practice.
This sixth edition contains a clause-by-clause commentary on SALEFORM
2012, the latest edition of the highly successful Memorandum of
Agreement for the Sale and Purchase of Ships, issued by BIMCO and the
Norwegian Shipbrokers Association. Key differences with the previous
SALEFORM are described in order to help all involved get up to speed.
Recent case law is evaluated to highlight contractual issues that
have arisen in recent years and a comprehensive description of the many
ways in which the standard form provisions may be modified to suit the
particular requirements of each transaction.
It provides complete coverage on the subject by including a practical
overview of two other ship sale contracts, the current (1999) edition
of Nipponsale and the first edition (2011) of the Singapore Ship Sale
Form.