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Sale and purchase 3C

Sale and purchase

Our specialist contracts team can talk you through a whole range of different contractual issues that you might be facing. We can advise on, and help you shape, contracts you want to make or guide you through a contract you’ve been given.

We can help with:

  • Sale and purchase contracts – advice on contract terms, title, encumbrances and VAT status
  • Coordination of sale transaction – including holding deposit, vessel documents and completion funds (in escrow if required) and dealing with completion and registration post completion
  • Crew contracts – advice on terms of contracts for employment of skippers and crew
  • New build and refit contracts – advice on contract terms, passing of title, security, stage payments, warranties, delay
  • Registration – of vessels on registries around the globe, arranging tonnage surveys, ensuring title documents are sufficient, coordinating registration process
  • Charter contracts – advice on terms of and obligations and duties imposed by charter agreements and other contracts for the use of a vessel
  • Management agreements – advice on the terms and conditions of agreements for the management of vessels
  • Ownership structures – advice in relation to corporate structures, offshore or otherwise, established for the purposes of ownership of a vessel
  • Sponsorship and associated agreements – advice on the terms and conditions of sponsorship agreements, branding etc
  • Brokerage contracts – advice on contracts for the sale of vessels by a broker, including sole agency and multiple agency agreements
  • Dealership agreements – advice on agreements between manufacturers and dealers in connection with the sale of vessels
  • Co-ownership agreements – advice on agreements between joint owners of a vessel
  • Terms and Conditions of business – advice on terms and conditions of business for those in the marine sector

As our knowledge and experience in this area is broad, we can give considered and relevant help and information where it’s needed. We know that each contract has individual conditions, so we’ll treat each one on its own terms. You don’t need to feel daunted by a contract either – we can help you to understand terms and conditions in ways that make sense to you. We’ll take the time to listen and explain anything that’s causing concern.

Shipping & Yachting specialists

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