Member Article

Getting the Deal Through – Shipbuilding is part of the series of Getting the Deal Through law guides published by Law Business Research that provide an overview of specialist areas of the law in a variety of international jurisdictions.It is published annually and the sixth edition, published in June 2017, covers 14 jurisdictions. Leading practitioners from each jurisdiction answer the same key questions. The chapter on shipbuilding contracts governed by the law of England and Wales is written by Haynes and Boone CDG, LLP’s William Cecil and Fiona Cain. Each chapter looks at issues such as quality standards, liquidated damages clauses, classification societies, subcontracting and refund guarantees. They also consider issues which are particularly pertinent to today’s shipbuilding market such as the remedies available to the builder where the buyer defaults, termination on insolvency of the builder and third party creditors’ security.

The chapter on shipbuilding contracts governed by the law of England and Wales has been updated this year to include the latest case law relevant to this area including Star Polaris LLC v. HHIC-Phil Incand Fluor Limited v. Shanghai Zhenhua Heavy Industries. In the Update and Trends section, the key decisions reached at the most recent IMO’s MEPC session regarding the environmental impact of ships as well as the new International Convention for the Control and Management of Ship’s Ballast Water and Sediments are reviewed. It also addresses Brexit.

To read the chapter on shipbuilding contracts governed by the law of England and Wales, click here.