| Foreword |
|
xiii | |
|
|
| Preface |
|
xv | |
|
|
|
xvii | |
|
|
|
xxxiii | |
|
Table of statutory instruments |
|
|
xxxiv | |
|
Table of conventions and international instruments |
|
|
xxxiv | |
|
Table of regulations and directives |
|
|
xxxv | |
|
PART 1 THE NATURE OF THE SHIPBUILDING CONTRACT |
|
|
1 | (4) |
|
|
|
3 | (2) |
|
PART 2 THE FORMATION OF THE SHIPBUILDING CONTRACT |
|
|
5 | (12) |
|
|
|
5 | (3) |
|
Shipbuilding practice: negotiation of the contract and specifications |
|
|
8 | (9) |
|
|
|
8 | (1) |
|
|
|
9 | (1) |
|
|
|
9 | (1) |
|
|
|
9 | (3) |
|
|
|
12 | (1) |
|
|
|
13 | (1) |
|
Standard forms of contract |
|
|
13 | (1) |
|
|
|
14 | (1) |
|
|
|
14 | (1) |
|
|
|
15 | (2) |
|
|
|
17 | (282) |
|
|
|
19 | (1) |
|
Allocation of the design risk |
|
|
20 | (5) |
|
Where the design risk is addressed |
|
|
21 | (1) |
|
Where the design risk is not addressed |
|
|
22 | (1) |
|
|
|
23 | (1) |
|
|
|
23 | (1) |
|
Plan and drawing approvals |
|
|
24 | (1) |
|
Article I Description and class |
|
|
25 | (14) |
|
|
|
26 | (1) |
|
Compliance with principal plans and drawings |
|
|
27 | (1) |
|
Dimensions and characteristics |
|
|
27 | (1) |
|
|
|
28 | (1) |
|
Classification and other regulatory requirements |
|
|
29 | (5) |
|
(i) Classification requirements |
|
|
29 | (2) |
|
(ii) Regulatory requirements |
|
|
31 | (1) |
|
|
|
32 | (1) |
|
(b) Environmental requirements |
|
|
33 | (1) |
|
|
|
34 | (1) |
|
Quality standards and quality assurance |
|
|
34 | (2) |
|
|
|
36 | (2) |
|
Direct payments to subcontractors |
|
|
38 | (1) |
|
|
|
38 | (1) |
|
Article II Contract price and terms of payment |
|
|
39 | (20) |
|
Financing the newbuilding |
|
|
41 | (5) |
|
(1) Financing for the builder |
|
|
41 | (1) |
|
|
|
41 | (1) |
|
|
|
42 | (1) |
|
(2) Financing for the buyer |
|
|
43 | (1) |
|
|
|
43 | (1) |
|
|
|
44 | (1) |
|
|
|
44 | (1) |
|
|
|
45 | (1) |
|
|
|
45 | (1) |
|
Contract subsidy provisions |
|
|
46 | (1) |
|
|
|
46 | (7) |
|
|
|
46 | (1) |
|
|
|
46 | (1) |
|
|
|
47 | (2) |
|
|
|
49 | (1) |
|
|
|
50 | (1) |
|
(f) Rights of set-off and deduction |
|
|
50 | (2) |
|
(g) Common law rights of abatement |
|
|
52 | (1) |
|
|
|
53 | (1) |
|
|
|
54 | (3) |
|
|
|
57 | (2) |
|
Article III Adjustment of contract price |
|
|
59 | (21) |
|
|
|
62 | (15) |
|
|
|
69 | (1) |
|
(a) The accrual of the buyer's rights |
|
|
69 | (2) |
|
(b) The level of liquidated damages |
|
|
71 | (1) |
|
(c) The buyer's right to rescind for excessive delay |
|
|
71 | (2) |
|
(d) Repudiation of the contract |
|
|
73 | (1) |
|
|
|
73 | (1) |
|
(ii) Insufficiency of speed |
|
|
74 | (1) |
|
(iii) Excessive fuel consumption |
|
|
75 | (1) |
|
(iv) Inadequate deadweight capacity |
|
|
76 | (1) |
|
|
|
76 | (1) |
|
Settlement of the builder's liability in liquidated damages |
|
|
77 | (1) |
|
Liquidated damages and rescission |
|
|
78 | (1) |
|
"Caps" on liquidated damages |
|
|
78 | (2) |
|
Article IV Approval of plans and drawings and inspection during construction |
|
|
80 | (10) |
|
Approval of plans and drawings |
|
|
82 | (2) |
|
Inspection by buyer's representatives |
|
|
84 | (1) |
|
|
|
85 | (1) |
|
Obligation to notify defects |
|
|
86 | (1) |
|
Liability for the buyer's representatives |
|
|
87 | (2) |
|
Unsuitability of the buyer's representatives |
|
|
89 | (1) |
|
|
|
90 | (12) |
|
|
|
92 | (2) |
|
|
|
94 | (1) |
|
|
|
95 | (1) |
|
|
|
96 | (1) |
|
|
|
97 | (2) |
|
|
|
99 | (2) |
|
Deceleration and acceleration of the work |
|
|
101 | (1) |
|
|
|
102 | (30) |
|
|
|
105 | (1) |
|
The conduct of the trials |
|
|
105 | (3) |
|
|
|
105 | (1) |
|
|
|
106 | (1) |
|
(iii) Crewing and navigation |
|
|
106 | (1) |
|
|
|
107 | (1) |
|
Completion of the trials: the meaning of "acceptance" |
|
|
108 | (1) |
|
Method of acceptance or rejection |
|
|
108 | (3) |
|
Presentation of the trial results |
|
|
109 | (1) |
|
|
|
109 | (1) |
|
|
|
109 | (1) |
|
|
|
110 | (1) |
|
When is the vessel deliverable? |
|
|
111 | (16) |
|
|
|
112 | (1) |
|
Conditions, "innominate" terms and warranties |
|
|
112 | (1) |
|
Principles of construction |
|
|
113 | (1) |
|
The right to reject goods on quality grounds |
|
|
114 | (1) |
|
B The application of the general principles |
|
|
115 | (1) |
|
(i) Where the statutory implied terms are excluded by the terms of the contract |
|
|
116 | (5) |
|
(ii) Where the statutory implied terms are not excluded by the terms of the contract |
|
|
121 | (6) |
|
|
|
127 | (4) |
|
|
|
127 | (1) |
|
|
|
128 | (3) |
|
|
|
131 | (1) |
|
|
|
132 | (19) |
|
|
|
133 | (8) |
|
|
|
133 | (1) |
|
|
|
133 | (2) |
|
|
|
135 | (1) |
|
The vessel's condition on delivery |
|
|
135 | (1) |
|
|
|
136 | (1) |
|
(a) The Protocol of delivery and acceptance (the "Protocol") |
|
|
136 | (1) |
|
|
|
137 | (4) |
|
|
|
141 | (8) |
|
(a) The effect of the lex situs |
|
|
141 | (1) |
|
(b) The effect of English law |
|
|
142 | (1) |
|
(i) No express provision in the contract |
|
|
142 | (2) |
|
(ii) Title passing upon delivery and acceptance |
|
|
144 | (1) |
|
(iii) Title passing prior to delivery and acceptance |
|
|
144 | (4) |
|
|
|
148 | (1) |
|
|
|
149 | (1) |
|
|
|
150 | (1) |
|
Removal of the vessel from the shipyard |
|
|
150 | (1) |
|
Article VIII Delays and extensions of time for delivery (force majeure) |
|
|
151 | (28) |
|
Force majeure: general principles |
|
|
153 | (4) |
|
|
|
157 | (3) |
|
(i) The effects of a prior breach |
|
|
158 | (1) |
|
|
|
159 | (1) |
|
|
|
160 | (17) |
|
|
|
160 | (1) |
|
|
|
160 | (1) |
|
(ii) "Acts of princes or rulers; requirements of government authorities" |
|
|
161 | (1) |
|
(iii) "War or other hostilities or preparations therefor" |
|
|
161 | (1) |
|
(iv) "Strikes, lockouts or other labour disturbances" |
|
|
162 | (1) |
|
|
|
163 | (1) |
|
|
|
164 | (1) |
|
(vii) "Shortage of materials, machinery or equipment ... delays in delivery etc." |
|
|
164 | (1) |
|
(viii) "Defects in materials, machinery or equipment which could not have been detected by the builder using reasonable care" |
|
|
165 | (1) |
|
(ix) "Delays in the builder's other commitments ... which in turn delay construction of the vessel" |
|
|
165 | (1) |
|
(x) "Other causes or accidents beyond the control of the builder, its subcontractors of suppliers ... whether or not indicated by the foregoing words" |
|
|
166 | (3) |
|
(b) Other delaying events |
|
|
169 | (2) |
|
(c) The "prevention principle" |
|
|
171 | (1) |
|
(d) The impact of delaying events |
|
|
172 | (1) |
|
(e) The requirement of notice |
|
|
173 | (1) |
|
|
|
174 | (1) |
|
|
|
175 | (1) |
|
(i) Rescission for excessive force majeure delay |
|
|
175 | (2) |
|
(ii) Rescission by reference to a "drop dead" date |
|
|
177 | (1) |
|
|
|
177 | (2) |
|
Article IX Warranty of quality |
|
|
179 | (22) |
|
The nature of the builder's warranty |
|
|
181 | (1) |
|
Limitations upon the builder's warranty |
|
|
182 | (4) |
|
Defects identified at delivery |
|
|
183 | (1) |
|
|
|
184 | (1) |
|
|
|
185 | (1) |
|
|
|
185 | (1) |
|
Subcontractors' warranties |
|
|
185 | (1) |
|
Damage caused to the vessel |
|
|
186 | (1) |
|
The requirement of notice |
|
|
187 | (1) |
|
|
|
187 | (2) |
|
To whom is the builder's obligation owed? |
|
|
189 | (2) |
|
|
|
191 | (5) |
|
(a) Express terms of the contract |
|
|
191 | (2) |
|
(b) Consequential or special losses |
|
|
193 | (2) |
|
(c) Circumstances outside the builder's control |
|
|
195 | (1) |
|
(d) Implied terms of the contract |
|
|
195 | (1) |
|
The Unfair Contract Terms Act 1977 |
|
|
196 | (3) |
|
The test of reasonableness |
|
|
197 | (2) |
|
|
|
199 | (2) |
|
Article X Rescission by buyer |
|
|
201 | (16) |
|
The buyer's right to rescind |
|
|
202 | (3) |
|
|
|
202 | (1) |
|
(ii) Technical deficiencies in the vessel |
|
|
203 | (1) |
|
(iii) "Financial" defaults |
|
|
203 | (1) |
|
(iv) Total loss of the vessel |
|
|
204 | (1) |
|
|
|
204 | (1) |
|
Loss of the right to rescind |
|
|
205 | (1) |
|
The effect of the buyer's rescission |
|
|
206 | (6) |
|
The builder's obligation to refund |
|
|
206 | (2) |
|
|
|
208 | (1) |
|
|
|
209 | (1) |
|
Rights to complete the contract works |
|
|
209 | (3) |
|
The buyer's common law remedies |
|
|
212 | (5) |
|
Acceptance of the builder's repudiatory breach |
|
|
212 | (3) |
|
|
|
215 | (2) |
|
Article XI Buyer's default |
|
|
217 | (13) |
|
The definition of default |
|
|
218 | (1) |
|
|
|
219 | (1) |
|
|
|
219 | (2) |
|
The effect of rescission by the builder |
|
|
221 | (4) |
|
|
|
222 | (1) |
|
Instalments due but unpaid |
|
|
222 | (2) |
|
|
|
224 | (1) |
|
|
|
225 | (1) |
|
|
|
225 | (2) |
|
|
|
227 | (3) |
|
|
|
230 | (9) |
|
|
|
231 | (1) |
|
The Japanese builder's risks insurance clause |
|
|
232 | (1) |
|
The ILU clauses for builder's risks |
|
|
232 | (4) |
|
The Nordic Marine Insurance Plan |
|
|
234 | (1) |
|
|
|
234 | (1) |
|
|
|
235 | (1) |
|
|
|
236 | (1) |
|
|
|
236 | (1) |
|
|
|
237 | (1) |
|
Delayed delivery/cancellation insurances |
|
|
238 | (1) |
|
Article XIII Dispute and arbitration |
|
|
239 | (14) |
|
Standard form arbitration provisions |
|
|
241 | (1) |
|
|
|
241 | (1) |
|
|
|
241 | (1) |
|
Technical and non-technical arbitrations |
|
|
241 | (4) |
|
|
|
242 | (1) |
|
|
|
243 | (2) |
|
Arbitration proceedings in London |
|
|
245 | (5) |
|
The constitution of the arbitration tribunal |
|
|
245 | (1) |
|
Jurisdiction and separability of the arbitration agreement |
|
|
246 | (1) |
|
|
|
246 | (1) |
|
|
|
246 | (1) |
|
Agreements to waive the right to appeal |
|
|
247 | (1) |
|
|
|
248 | (1) |
|
Other standard provisions |
|
|
248 | (1) |
|
Enforcement of arbitration awards |
|
|
249 | (1) |
|
|
|
250 | (1) |
|
Parallel proceedings and anti-suit injunctions |
|
|
250 | (1) |
|
Alternative Dispute Resolution |
|
|
251 | (2) |
|
Article XIV Right of assignment |
|
|
253 | (9) |
|
General principles relating to assignment |
|
|
254 | (4) |
|
|
|
254 | (1) |
|
|
|
254 | (1) |
|
3 Conditional assignments |
|
|
255 | (1) |
|
4 Prohibitions upon assignment |
|
|
255 | (2) |
|
5 "Consent not to be unreasonably withheld" |
|
|
257 | (1) |
|
The Contract (Rights of Third Parties) Act 1999 |
|
|
258 | (1) |
|
Shipbuilding Contract Assignments |
|
|
259 | (2) |
|
|
|
261 | (1) |
|
|
|
261 | (1) |
|
Article XV Taxes and duties |
|
|
262 | (1) |
|
Article XVI Patents, trademarks, copyrights etc. |
|
|
263 | (2) |
|
Property in plans, drawings, etc. |
|
|
264 | (1) |
|
Article XVII Buyer's supplies |
|
|
265 | (5) |
|
Offshore construction contracts |
|
|
268 | (2) |
|
|
|
270 | (2) |
|
Article XIX Effective date of contract |
|
|
272 | (9) |
|
Conditions precedent and subsequent |
|
|
272 | (1) |
|
Conditions and contractual obligations |
|
|
273 | (1) |
|
Conditions precedent and subsequent in shipbuilding contracts |
|
|
273 | (1) |
|
Reliance upon effective date provisions |
|
|
274 | (5) |
|
|
|
279 | (2) |
|
Article XX Interpretation |
|
|
281 | (8) |
|
|
|
281 | (2) |
|
|
|
282 | (1) |
|
|
|
282 | (1) |
|
|
|
283 | (1) |
|
|
|
283 | (6) |
|
"Non-reliance" provisions |
|
|
284 | (2) |
|
Express exclusions of liability for misrepresentation |
|
|
286 | (1) |
|
General principles of interpretation applicable to shipbuilding contracts |
|
|
287 | (2) |
|
Article XXI Sundry provisions |
|
|
289 | (10) |
|
|
|
290 | (1) |
|
Other typical shipbuilding contract terms |
|
|
291 | (8) |
|
|
|
291 | (1) |
|
II Termination for the buyer's convenience |
|
|
292 | (1) |
|
III Environmental protection |
|
|
293 | (1) |
|
IV Anti-bribery and corruption |
|
|
294 | (1) |
|
|
|
295 | (1) |
|
VI Exclusions and limitations of liability |
|
|
296 | (3) |
|
PART 4 AGREEMENTS ANCILLARY TO THE SHIPBUILDING CONTRACT |
|
|
299 | (26) |
|
|
|
299 | (1) |
|
II Guarantees issued on behalf of the builder |
|
|
300 | (18) |
|
|
|
301 | (6) |
|
|
|
307 | (1) |
|
|
|
308 | (1) |
|
The enforceability of the builder's guarantees |
|
|
309 | (1) |
|
(a) The Statute of Frauds 1677 |
|
|
310 | (1) |
|
|
|
311 | (1) |
|
(c) The requirement of disclosure |
|
|
311 | (2) |
|
(d) The effect of variations to and breaches of the underlying contract |
|
|
313 | (4) |
|
Legal proceedings to prevent payment |
|
|
317 | (1) |
|
III Guarantees issued on behalf of the buyer |
|
|
318 | (2) |
|
|
|
318 | (1) |
|
|
|
319 | (1) |
|
|
|
320 | (1) |
|
V Contract and refund guarantee assignments |
|
|
321 | (1) |
|
|
|
322 | (3) |
|
PART 5 SHIP CONVERSION CONTRACTS |
|
|
325 | (8) |
|
I The distinctive features of the conversion project |
|
|
325 | (2) |
|
II The nature of the conversion contract |
|
|
327 | (1) |
|
III The key terms of the conversion contract |
|
|
327 | (6) |
|
|
|
327 | (1) |
|
|
|
328 | (1) |
|
|
|
329 | (1) |
|
|
|
329 | (1) |
|
|
|
330 | (1) |
|
|
|
330 | (1) |
|
Risk of loss and insurance |
|
|
330 | (1) |
|
|
|
330 | (1) |
|
|
|
331 | (2) |
| Appendix A Bimco Standard New Building Contract (Newbuildcon Form) |
|
333 | (44) |
| Appendix B Institute Clauses For Builders' Risks |
|
377 | (12) |
| Index |
|
389 | |
Biežāk uzdotie jautājumi par e-grāmatām