The current high volume of activity in the shipbuilding market has drawn attention to the ways in which disputes under shipbuilding contracts can be resolved in the most satisfactory manner. Quite often arbitration is chosen as there is potential for greater procedural flexibility.
Contract management for shipbuilding and repairs is a complex process. But will have a buyer and a seller of a promised delivery of goods and services that come in the form of a new ship or a repaired vessel. The deliverable is clearly laid out in a written contract, signed by the contracting parties. The contract is a legal document and comes under the jurisdiction of a particular country and agreed location, e.g., New York or London. The date of delivery is also clearly assigned within the contract terms.
Shipping being a global industry, and the fact that the shipbuilding takes a long-time span, and the manufacture might take place in multiple locations under different jurisdictions; all of these, and more, contribute to contractual disputes and complexities. This course captures the entire process of contract management, from signing of the contract to its delivery.
Upon registration, courses are conveniently accessible online for candidates to participate at their own pace and on their own schedule.