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Shipbuilding Contract Template (Newbuilding)

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Shipbuilding Contract Template (Newbuilding)

TPL-CON-01-shipbuilding-contract-newbuilding-template.docx · DOCX file · 154.6 KB

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About this template

An editable sample contract between a buyer and a shipbuilder for one newbuilding vessel, written from scratch for project2-me.com. It covers class and flag, order of precedence and makers list, fixed price and optional escalation, milestone instalments with evidence, the refund guarantee, plan approval and the site team, owner's supplies, variations, changes in rules, trials and performance guarantees, permissible delay, delay liquidated damages and cancellation, delivery, title and risk, insurance, the guarantee period, termination, liability, law and arbitration. Six schedules follow: specification checklist, contract plans, makers list, payment schedule with milestone definitions, a refund guarantee framework of terms and a delivery protocol. Every figure is a blank field, alternatives are marked as options, and grey drafting notes explain the trade-offs. Not legal advice and not a substitute for BIMCO NEWBUILDCON, SAJ or other standard forms; have it reviewed by maritime counsel before use.

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