Shipbuilding Portal – digital building contracts

Wikborg Rein is launching a new digital service aimed at the shipping industry. The Shipbuilding Portal is a user-friendly online solution for the drafting of shipbuilding contacts based on the Standard Form Norwegian Shipbuilding Contract 2000, often referred to as "Ship 2000". It will simplify the drafting process and provide access to relevant practical information.

The idea is to make the contract drafting more efficient and avoid costly errors, says Morten Valen Eide, partner at Wikborg Rein.

Based on the user's entries relating to the name of the buyer and the builder, purchase price, number of installments and other information, the contract is automatically generated. The user may also include tailored categories such as dispute resolution and guarantees. Other standard documents such as protocol of delivery and acceptance are also available on the platform. Time is saved and errors and misunderstandings can be avoided.

By the book

The Shipbuilding Portal also gives the user easy access to commentaries and practical information relevant to the various clauses of Ship 2000. The comments are based on the Wikborg Rein book "Shipbuilding" ("Skipsbygging") authored by Øystein Meland who has played an active role in drafting Ship 2000. An English
version of the book will also become available in due course.

– The users may navigate through the contract and also receive practical guidance to legal issues related to the shipbuilding contract, says Morten.

Bringing the contract safely to shore

The Portal also includes several useful links, an RSS news feed related to the shipbuilding industry and other documents relevant to shipbuilding.

– The main purpose of the Portal is to simplify the work related to the drafting of a shipbuilding contract and also to create a place where the relevant information related to the contract are available. It saves both time and resources as well as simplifies the contract procedure, says Morten.

More articles from our Shipping Offshore Update June 2019

  • Shipping Offshore

    2019

    Autonomous ships in unchartered waters

    Unmanned ships are sailing onto the horizon and the Norwegian maritime cluster is uniquely positioned to take a leading role internationally in the development and commercialisation of this new technology. But is the legal framework keeping pace?

  • Shipping Offshore

    2019

    Norway prepares for ratification of the Nairobi Wreck Removal Convention

    The Norwegian Parliament has recently decided that Norway shall ratify the Nairobi Wreck Removal Convention and that the Convention shall be given effect not only in Norway's exclusive economic zone, but also in its territorial waters. The Norwegian Parliament has also adopted legislation to implement the Wreck Removal Convention into Norwegian law once ratified.

  • Shipping Offshore

    2019

    Worldwide freezing orders upheld in multi-national shipping fraud case

    In a recent decision by the English High Court (Manchester Shipping Ltd v Balfour Worldwide Ltd & Anor [2019] EWHC 194 (Comm).) two worldwide freezing orders in a multi-national shipping fraud case were upheld, rejecting the defendant's allegations of breaches of full and frank disclosure and provided useful confirmation of the standing of an intermediary charterer to claim for the full value of the hire.