Sale of Ships Under the Singapore Form [eBook]
This book provides a detailed clause-by-clause commentary of the Form, the case law from which it has drawn inspiration and the main differences between the Singapore text and the two editions of the Norwegian Sale Form.
As the first book ever to dedicate itself to the explanation of the sale of ships under the Singapore Sale Form (SSF), it serves as a guiding light to those new to the SSF and who wish to appraise themselves of the pros and cons of using the Form. This book provides a detailed clause-by-clause commentary of the Form, the case law from which it has drawn inspiration and the main differences between the Singapore text and the two editions of the Norwegian Sale Form. Targeted at ship owners, shipping professionals and shipping lawyers in the practice of the sale and purchase of ships, the authors' examination of the SSF lays bare to their readers, the bones of the Form and its construction in light of industry precedents. More importantly, the book also contains a number of tips on how to make the most of this new Form, providing the sale and purchase practitioner with the essential reference tool for the negotiation, closing and enforcement of any ship sale, including the details of Singapore arbitration proceedings. Foreword by Mr S S Teo "The publication takes a balanced and meticulous approach in the reviewing of all clauses, and gives perspective to provoke critical thought in the use of the SSF... The authors have provided guidance every step of the way, from deposit and payments, inspections and condition, equipment, documentation to arbitration, to give users of the SSF a reference from which to conduct successful transactions with." Foreword by Mr Goh Joon Seng "Like a well charted course laid out on a sea chart, the book helps users of the SSF navigate through its passages from beginning till the end. Each clause is carefully examined in its fullness by an accompanying chapter. This makes for easy referencing and the research on applicable authorities is thorough with any perceived lacunas left by the drafters of the SSF overlaid by useful opinions and recommendations."
Table of contents
1. Deposit 2. Payment 3. Inspections 4. Condition on Delivery 5. Notices and Notice of Actual Readiness 6. Pre-Delivery Divers Inspection 7. Spares/Bunkers and Others 8. Documentation 9. Encumbrances 10. Expenses 11. Vessel Name 12. Buyers Default 13. Sellers Default 14. Buyers Representative 15. Arbitration and Governing Law 16. Confidentiality Clause 17. Entire Agreement Clause