Ship Sale and Purchase is a must-attend session for everyone involved in the business of negotiating, preparing, and completing ship purchases and sales, as well as establishing ship sale contracts and resolving related issues. Practical advise on new and used tonnage contracts is provided during the session. Discusses common issues and conflicts that arise in ship sale contracts, as well as best practices. The current (1999) edition of Nipponsale and the first edition (2011) of the Singapore Ship Sale Form provide a practical overview of two different ship selling contracts.
Upon completing the course, the participants will understand how shipping industry is connected to port and terminal business and together form the maritime supply chain.
It provides a unique opportunity to understand relationships between world economy, seaborne trade and various commodity markets
Logistics & SCM sector has a booming demand for qualified and trained SCM professionals across industries and functional roles.
Professionals interested in world economy, seaborne trade and various commodity markets
Professional who want to gain real time experience maritime supply chain.
Professionals interested in purchase and sale of vessels.
Purchase price – Spares, bunkers and other items.
Buyers’ default – Deposit – Documentation.
Sellers’ default – Payment – Encumbrances.
Buyers’ representatives – Inspection – Taxes, fees and expenses – Law and arbitration.
Time and place of delivery and notices – Condition on delivery.
Notices – Divers inspection / dry docking – Name / markings – Entire agreement.
Additional clauses – Payment methods – Security – Brokers – Class societies.
Ship Registration: Law and Practice
Law of Ship Mortgages