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.