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Keating on Offshore Construction and Marine Engineering Contracts

Keating on Offshore Construction and Marine Engineering Contracts
3rd Edition
Series:  British Shipping Laws
Practice Area:  Contract Law, Energy Law, Shipping
ISBN:  9780414104419
Published by:  Sweet & Maxwell
Publication Date:  23 Sep 2024
Subscription Information:  Non-Subscribable Product
Format:  Hardback
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PRODUCT DESCRIPTION

Keating on Offshore Construction and Marine Engineering Contracts provides in-depth guidance on the agreements involved in the construction of ships, rigs and other offshore vessels and structures. It will equip marine construction lawyers with a one-stop reference on all aspects of the modern shipbuilding and offshore engineering contracts and for dealing effectively with the problems that may arise.

Key features:

  • Examines the main standard form agreements used in marine construction, including the SAJ, BIMCO, the Norwegian 2000, AWES as well as LOGIC and FIDIC
  • Looks at the documents required for creation of a marine construction contract e.g specifications, drawings, programmes of work
  • Discusses the general rules of formation and construction of offshore construction contracts, including commonly found implied terms and limitation clauses
  • Covers changes to contract terms and considerations that need to be made from contractor and buyer’s perspectives
  • Covers differences in approach between standard shipbuilding and engineering contracts
  • Analyses in detail all the issues surrounding time in contracts, the obligations, delay and extensions
  • Looks at payment, including potential extra payments, permissible delay and damages
  • Considers the rights and obligations of parties following contractual or common law termination
  • Deal with guarantees, bonds and insurance
  • Covers the dispute resolution frameworks used in international shipbuilding contracts, including litigation in the Commercial or Technology and Construction Court, and ADR
  • Examines the growing influence of land-based construction case law, and provides in-depth commentary of relevant authorities

New to the third edition:

  • Updated to cover the latest editions of all the standard forms
  • Expanded commentary taking into account LOGIC Marine Construction, Offshore Decommissioning and the Design Edition, as well as the new BIMCO DISMANTLECON contract
  • Key recent cases discussed in detail, including Jiangsu Guoxin Corp Ltd v Precious Shipping Public Co Ltd [2020] EWHC 1030 (Comm), Panther Real Estate Development LLC v Modern Executive Systems Contracting LLC [2022] DIFC CA 016, Van Oord UK Ltd v Dragados UK Ltd [2021] CSIH 50; 198 Con LR 1 and Shanghai Shipyard Co Ltd v Reignwood Investment Co Ltd [2021] 1 WLR 5408 (CA)
  • Expanded commentary on express or implied terms of good faith
  • Commentary on claims arising out of the Covid-19 pandemic
  • New commentary on the use of adjudication in the context of shipbuilding and offshore construction

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CONTENTS

  1. The Nature of an Offshore Construction Contract
  2. Introduction to the Standard Forms
  3. General Principles of Contract
  4. Payment and Damages
  5. Performance
  6. Change
  7. Time for Delivery and Completion
  8. Termination
  9. Guarantees, Bonds and Insurance
  10. Passing of Title, Risk, Liens and Delivery Up
  11. Dispute Resolution

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