Certificate in Contracting Newbuildings

Lloyd's Maritime Academy
Training overview
Professional Course
Self-paced Online
12 weeks
From 1,899 GBP

Start dates
1,899 GBP
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Course description

Certificate in Contracting Newbuildings

A Comprehensive Investigation of Ship Building Contracts and Contract Management

Investigate shipbuilding contracts from parties, commercial issues and modifications to finance guarantees, delivery and termination

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Who should attend?

  • Project and operations managers
  • Estimators and production personnel
  • Naval architects
  • Marine surveyors
  • Engineers and technical personnel shipping company managers
  • Professionals in maritime insurance, law, finance, shipbroking and government

Training content

  • Introduction to Newbuilding, Parties, Contractual Issues and Commercial Context
  • Production Processes, Procurement, Modifications and Inspection
  • Finance, Payments, Taxes and Funding
  • Risk, Insurance, Delays, Termination & Builders’ Warranties
  • Delivery, Novation and Assignment, Public Procurement
  • Guarantees and Associated Contracts; Contrasting Ship Conversion and Repair Contracts

Certification / Credits

What you'll learn

  • Develop an outline of fundamental legal considerations relating to contracts;
  • Understand the processes by which the parties agree the final specification of the vessel;
  • Determine how the basic price is adjusted to reflect variations in the agreement, such as modifications requested by the buyer;
  • Analyse the key differences between risk in and title to a vessel;
  • Examine the legal implications associated with delivery of a vessel, including title to and risk in the vessel;
  • Observe the purpose, benefit and formalities surrounding guarantees;

About LMA

Lloyd's Maritime Academy

Lloyd’s Maritime Academy was born from Lloyd’s List. Lloyd’s Maritime Academy is the trusted brand for professional development, working with leading academic and industry bodies to provide accredited education and training where it is much needed.We are stepping up investment...

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Contact info

Lloyd's Maritime Academy

Lloyd's Maritime Academy
240 Blackfriars Road
SE1 8BF Waterloo

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