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Permissible delay in shipbuilding contracts: analysis of grounds and procedures for extending the vessel delivery date by contractor

THE TERRITORY OF NEW OPPORTUNITIES OPENS FOR INVESTMENT PROJECTS OF THE FUTURE
Deadlines in construction contracts are one of the key parameters for achieving the goal of interaction between the parties, a marker for the proper fulfillment of a contractual obligation.
Viktor Varavenko, Marina Niyazova
semanticscholar   +1 more source

The application of shipbuilding contract and refund guarantee

Journal of Korea Trade, 2017
Purpose The purpose of this paper is to highlight the importance of independence principle of refund guarantees (RGs) and how to make the best of an arbitration clause in the guarantees so that a Korean shipbuilder, a guarantor and an export credit agency (ECA) may possibly protect themselves from buyers’ unlawful demand. Design/methodology/approach
Keon-Hyung Ahn, Pil Joon Kim
openaire   +1 more source

Navigating cross-border labour mobility and employment security in European shipbuilding: lessons from the COVID-19 crisis

Transfer: European Review of Labour and Research
This article investigates how cross-border mobility in the European shipbuilding industry affected the employment security of workers on standard and non-standard contracts in sending and receiving countries during the COVID-19 pandemic.
Ines Wagner   +4 more
semanticscholar   +1 more source

Risk Management of Shipbuilding Contracts

Marine Technology and SNAME News, 2006
The choices and decisions involved in ordering a new ship are essentially entrepreneurial and culminate in the letter of intent based on financial and business considerations. The contract follows and covers the size, type, and quality of the ship, her construction, and eventually her operation. Drafting the builder/buyer contract is a major station in
openaire   +1 more source

Avoidance and Mitigation of Shipbuilding Contract Claims

Marine Technology and SNAME News, 1978
The author draws upon experience with the major shipbuilding claims of this decade to identify what the Navy could do to avoid or mitigate future claims. Claims are not totally avoidable. They become a serious problem when they are unanticipated or difficult to resolve.
openaire   +1 more source

Shipbuilding Contracts and Termination Issues

2016
Abstract This chapter examines the parties’ rights and obligations stated in a shipbuilding contract, and the issues regarding the termination of a contract. It explains the basic principles of English law pertaining to shipbuilding contracts, emphasizing the most commonly used form, the Shipbuilders Association of Japan (SAJ) form. Like
openaire   +1 more source

Blockchain Technology in the Process of Financing the Construction and Purchase of Commercial Vessels

Journal of Risk and Financial Management
The share of European shipbuilding in the world market, with the constant exception of the cruise ship niche, has been in continuous decline for decades, while at the same time, state-supported Asian competitors are recording accelerated growth. With the
Zoran Kunkera   +5 more
semanticscholar   +1 more source

Analysis of labor intensity losses upon amendments to operational documentation for a construction project

Труды Санкт-Петербургского государственного морского технического университета
BACKGROUND: Active development of the Russian Arctic and the Northern Sea Route requires increased security. Now, there are seven icebreakers operating on the Northern Sea Route, but there are no patrol ships in the Arctic Region.
Marina D. Movchanova   +3 more
semanticscholar   +1 more source

The Estimating and Administration of Commercial Shipbuilding Contracts

Marine Technology and SNAME News, 1985
The author condenses his many years of experience as chief estimator of a large shipyard. He explains the organization of commercial shipbuilding contracts in the United States, and presents current cost data applicable to tugs, barges, product tankers and ferries. Cost information on general shipyard functions, voyage repairs and change orders is also
openaire   +1 more source

Contract Accounting and Costing in the Sunderland Shipbuilding Industry, 1818–1917

Accounting, Business & Financial History, 1995
By the 1850s, Sunderland claimed to be the largest shipbuilding town in the world. This paper analyses the social, economic and organizational circumstances of the Sunderland shipbuilding industry and traces the development of contract accounting and costing in four of its firms.
openaire   +1 more source

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