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
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