Getting the Deal Through: Shipbuilding 2021

The following In-house Advisor practice note provides comprehensive and up to date legal information covering:

  • Getting the Deal Through: Shipbuilding 2021
  • Jurisdictions covered
  • Questions

Getting the Deal Through: Shipbuilding 2021

Jurisdictions covered

The following jurisdictions are covered in this report:

Brazil; China; Japan; Netherlands; Nigeria; Norway; Russia; Singapore; United Kingdom - England & Wales

Questions

The set of questions relating to the topic of Shipbuilding and answered by the guide for each jurisdiction covered include:

  1. Is the shipbuilding industry in your country open to foreign participation and investment? If it is open, please specify any restrictions on foreign participation.

  2. Does government retain ownership or control of any shipbuilding facilities and, if so, why? Are there any plans for the government divesting itself of that participation or control?

  3. Are there any statutory formalities in your jurisdiction that must be complied with in entering into a shipbuilding contract?

  4. May the parties to a shipbuilding contract select the law to apply to the contract, and is this choice of law upheld by the courts?

  5. Is a shipbuilding contract regarded as a contract for the sale of goods, as a contract for the supply of workmanship and materials, or as a contract sui generis?

  6. Is the hull number stated in the contract essential to the vessel’s description or is it a mere label?

  7. Do ‘approximate’ dimensions and description of the vessel allow the builder to deviate from the figure stated? If so, what latitude does the builder have?

  8. May parties incorporate guaranteed standards of performance whose breach

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