Shipping Dispute Resolution
Our Shipping Dispute Resolution team has many years of experience assisting clients with commercial disputes in the shipping sector, specifically relating to shipbuilding and ship conversion contracts, and construction/upgrade contracts for production vessels.
Our lawyers are skilled in handling high-value, complex heavyweight international disputes. We provide clients with an early assessment of disputes, as well as matters that might become contentious, and are focused on developing an appropriate and cost-effective dispute resolution strategy for them. We are familiar with the conduct of all forms of dispute resolution, including High Court litigation and international commercial arbitration and mediation, as well as actions to enforce arbitral awards. We also advise on obtaining appropriate security.
We regularly conduct international commercial arbitrations under all major international arbitration rules and in all the leading arbitration centers around the world. Our lawyers have conducted arbitrations in London, Paris, Geneva, Singapore and Hong Kong amongst others under the LMAA, UNCITRAL, ICC, LCIA, and SCMA Rules.
Our team relies on its strong links with overseas lawyers in key jurisdictions around the world, allowing us to effectively manage cross-jurisdictional elements of the disputes we handle.
The 2012 Norwegian Saleform (the “NSF 2012”) continues to form the contractual basis of the majority of vessel sale and purchase transactions (despite the introduction of SHIPSALE 2022). Clause 2 of the NSF 2012 requires the buyer to lodge a deposit in an interest- bearing account with the deposit holder “as security for the correct fulfillment” of the agreement. The deposit, which will be 10% of [...]
