AN OWNERS'S MANAGEMENT OF SHIP CONSTRUCTION CONTRACTS

This paper identifies many of the functions that must be fulfilled by ship owners' representatives during the process of acquiring new vessels. Many aspects of this are applicable to ship conversion and repair. The items discussed, while not constituting all of the owner's contract management functions that must be addressed, include ones that are frequently either overlooked or insufficiently fulfilled, potentially leading to disputes between the contracting parties. Besides creating the risk of contract disputes, insufficient fulfilment of these contract-related functions exposes the owner to receiving an unsatisfactory, late or over-budget newly-built, converted or repaired vessel. The vessel may be unsatisfactory for reasons of impaired quality, maintainability, performance characteristics or operating limitations relative to those anticipated by the contract documents. The perspective of the paper is not a theoretical approach to contract management, but is based on numerous analyses of contractual problems and disputes experienced by ship owners in North America and Australia.

  • Supplemental Notes:
    • RINA Intl Conf NEWBUILD 2000 & the Role of the Naval Architect in Ship and Offshore Projects; 24-25 Oct 1995; London, UK. Pprs. Publ by RINA, London, UK. Ppr 6 [12 p, 3 ref, 6 fig]
  • Authors:
    • Fisher, K W
  • Publication Date: 1995

Language

  • English

Subject/Index Terms

Filing Info

  • Accession Number: 00718817
  • Record Type: Publication
  • Source Agency: British Maritime Technology
  • Files: TRIS
  • Created Date: Mar 27 1996 12:00AM