Ship Sale and Purchase Course

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

DATE:

1ST BATCH: 6th – 9th May,                             2025    

2ND BATCH: 9th – 12th Sept,                       2025
20253RD BATCH: 16th – 19th Dec,                     2025