Law of Shipbuilding Contracts

Simon Curtis is a Senior Counsel at Haynes and Boone CDG, LLP. Prior to this he was a Partner at Watson, Farley & Williams between 1986-1996 before becoming a founding Partner of Curtis Davis Garrard LLP in 1996. Simon is one of London’s most experienced maritime lawyers and lectures regularly on a range of shipbuilding and offshore issues, including contracts for the construction and employment of FPSOs and FSOs. He is also an elected Fellow of the Chartered Institute of Arbitrators.Ian Gaunt is a Barrister (non-practising) and a Full Member of the London Maritime Arbitrators Association. He has been a full-time Arbitrator since 2008. He was previously a partner of a firm of London solicitors specialising in ship finance and shipbuilding transactions. From 1999 to 2008 he was Senior Vice President-International of Carnival Corporation where he was responsible to the Group CEO for the execution of the group shipbuilding programme. He is a board member of Maritime London, a member of the Baltic Exchange, a Fellow of the Chartered Institute of Arbitrators and a member of the arbitrator panels of several Chinese arbitral institutions. He has been President of the LMAA since 2017.William Cecil is a Partner and London Head of Dispute Resolution at Haynes and Boone CDG, LLP. He has extensive experience in litigation and arbitration matters for clients in the shipping, offshore oil and gas and energy industries. Alongside his litigation and arbitration practice, he also assists clients in the drafting and negotiation of various forms of offshore contracts.

• PrefacePART ONE: Chapter One- Nature of the shipbuilding contract PART TWO: Chapter Two- Formation of the shipbuilding contractPART THREE: Chapter Three- Preamble Chapter Four- Article I - Description and classChapter Five- Article II - Contract price and terms of paymentChapter Six- III - Adjustment of contract priceChapter Seven - Approval of plans and drawings and inspection during constructionChapter Eight- – ModificationsChapter Nine- – TrialsChapter Ten- Article VII – DeliveryChapter Eleven- Article VIII - Delays and extensions of time for deliveryChapter Twelve- Article IX - Warranty of qualityChapter Thirteen- Article X - Rescission by buyerChapter Fourteen- Article XI - Buyer's defaultChapter Fifteen- Article XII – InsuranceChapter Sixteen- Article XIII - Dispute and arbitrationChapter Seventeen- Article XIV - Right of assignmentChapter Eighteen- Article XV - Taxes and dutiesChapter Nineteen- Article XVI - Patents, trademarks, copyrights etcChapter Twenty - Article XVII - Buyer's suppliesChapter Twenty One- Article XVIII - NoticeChapter Twenty Two- Article XIX - Effective date of contractChapter Twenty Three- Article XX – InterpretationChapter Twenty Four- Article XXI - Sundry provisionsChapter Twenty Five- GuaranteeChapter Twenty Six- Other typical shipbuilding contract termsPART FOUR: Chapter Twenty Seven- Agreements ancillary to the shipbuilding contractPART FIVE: Chapter Twenty Eight- Ship conversion contractsAppendix A BIMCO NEWBUILDCON FORMAppendix B ILU Institute Clauses for Builders’ Risks