Ship Sale and Purchase Course Verified listing

Objectives:

Provide an understanding of the legal, financial, and operational aspects of ship sale and purchase.
Equip participants with knowledge of the documentation and contractual processes involved.
Highlight the roles of brokers, agents, and key stakeholders in transactions.
Enhance negotiation and decision-making skills specific to ship sale and purchase.
Content:

The Ship Sale and Purchase Market

Overview of the global shipping market
Types of ships and their valuation factors
Key players: owners, brokers, agents
Market trends and influences
Contractual Framework

Memorandum of Agreement (MOA) and its clauses
Legal implications of terms and conditions
Documentation required for sale and purchase
Role of warranties and representations
Inspection, Delivery, and Closing

Pre-purchase inspections and surveys
Delivery protocols and procedures
Financial settlements and escrow accounts
Closing processes and common challenges
Risk Management and Dispute Resolution

Identifying and mitigating transaction risks
Dispute resolution mechanisms in ship sales
Role of arbitration and legal forums