The Law of Shipbuilding Contracts
By: Simon Curtis, Ian Gaunt, William Cecil
About This Book
The Law of Shipbuilding Contracts examines the principles of English contract law as these apply to shipbuilding. The leading text on shipbuilding and marine construction, widely used by the global maritime community, this new edition is updated to account for the "long tail" effects of the global economic crisis on the sector. The authors provide expert analysis on the key shipbuilding contract forms, including sections dealing with agreements ancillary to the shipbuilding contract and ship conversion contracts, together with -- for the first time -- contracts for the construction of offshore oil and gas vessels and units. The new edition has been comprehensively updated, including commentary on recent High Court decisions on shipbuilding contracts and, in particular, associated refund guarantees. The contractual and legal consequences of global economic turbulence and the resultant increase in the number and size of disputes in the shipbuilding sector are discussed, alongside coverage of other contemporary regulatory and legal issues resulting from environmental pressures and the trend for "cleaner", more efficient tonnage. A comprehensive and authoritative resource, this book is essential reading for buyers and charterers of newbuilding tonnage, shipbuilders and offshore construction yards, shipbrokers, banks and other finance providers, lawyers and insurers working in the maritime and offshore oil and gas sectors, as well as students of maritime law.
AI Overview
"The Law of Shipbuilding Contracts" is a comprehensive legal guide authored by Simon Curtis, Ian Gaunt, and William Cecil. Here is a detailed overview of the book:
Key Themes and Content
Principles of English Contract Law: The book examines the principles of English contract law as they apply to the shipbuilding industry. It provides expert analysis on the key shipbuilding contract forms, including sections dealing with agreements ancillary to the shipbuilding contract and ship conversion contracts.
Recent Developments and Updates: The fifth edition of the book has been comprehensively updated to include commentary on recent High Court decisions on shipbuilding contracts and associated refund guarantees. It also covers offshore construction contracts for the first time, reflecting the evolving nature of the maritime industry.
Global Economic Impact: The book discusses the contractual and legal consequences of global economic turbulence, including the increase in disputes in the shipbuilding sector. It also addresses contemporary regulatory and legal issues resulting from environmental pressures and the trend towards "cleaner," more efficient tonnage.
International Perspective: The authors provide an English perspective on shipbuilding contracts, making it a valuable resource for both domestic and international lawyers. The book is described as the leading practical guide to explaining the basic principles and law underlying standard contracts used in the shipbuilding industry.
Critical Reception
Journal of International Maritime Law Review: The Journal of International Maritime Law has reviewed the fifth edition of "The Law of Shipbuilding Contracts," praising it as the go-to work for English solicitors, counsel, arbitrators, and international lawyers looking for an English perspective on shipbuilding contracts.
Expert Analysis: The book is widely used by the global maritime community, including buyers and charterers of newbuilding tonnage, shipbuilders and offshore construction yards, shipbrokers, banks, lawyers, and insurers working in the maritime and offshore oil and gas sectors.
Authoritative Resource: It is described as a comprehensive and authoritative resource essential for anyone involved in the maritime and offshore oil and gas sectors, including students of maritime law.
Plot Summary
The book does not have a narrative plot in the traditional sense but rather serves as a legal guide. It provides detailed analysis and commentary on various aspects of shipbuilding contracts, including their formation, price, registration, security, risk, breach, and termination. It also covers contemporary regulatory and legal issues affecting the maritime industry.
Conclusion
"The Law of Shipbuilding Contracts" by Simon Curtis, Ian Gaunt, and William Cecil is a seminal work in the field of maritime law. It offers a comprehensive and authoritative resource for anyone involved in the shipbuilding industry, providing expert analysis on key contract forms and recent legal developments. The book's critical reception highlights its importance as a go-to guide for both domestic and international legal professionals.