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Construction Contracts for OSV
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About the Course
Although the market for OSVs remains volatile, certain principles apply to any newbuild programme. This course aims to identify the key issues that buyers, builders, lenders, and charterers need to consider during each phase of the construction process. Managing risks, and anticipating and resolving disputes, is also treated.
Construction Contracts for Offshore Support Vessels is a 2-day course which provides delegates with an introduction to shipbuilding contracts for offshore support vessels. Using case studies and example contracts, delegates will study both general principles of vessel construction contracts and specific principles applicable to OSV construction contracts. Delegates will analyze actual OSV construction contracts from the perspectives of builders, buyers, lenders, and charterers, and will explore common pitfalls during the construction programme, such as change orders and modifications. Delegates will also learn techniques for managing risks during construction, and will understand the alternatives for dispute resolution.
Key Learning Outcomes
- Understand both general principles of vessel construction contracts
- Know specific principles applicable to OSV construction contracts using case studies and example contracts
- Analyze OSV construction contracts from perspectives of builders, buyers, lenders and charterers
- Explore common pitfalls, such as change orders and modifications
- Learn to manage risks during construction
- Understand the alternatives for dispute resolution
Who Should Attend
- Shipowners and operators
- Shipbuilders, shipyards, vendors and subcontractors
- Maritime lawyers and legal advisers
- Project, contract, and technical managers
- Sale and purchase
- Naval architects
- Insurance brokers and underwriters
- Consultants
- Financial institutions
International Course Director
David B. Sharpe, Partner,
Lugenbuhl, Wheaton, Peck, Rankin & Hubbard
David is a Professor of Law on the adjunct faculty at Tulane Law School in New Orleans, USA where he teaches an upper-level course on Towage & Offshore-Service Law. He has over 21 years of practical experience on contract negotiation (charterparties, master service contracts, and oilfield service indemnity agreements) and commercial dispute resolution (breach of contract, maritime liens, and casualties).
