The webinar focused on legal issues in shipbuilding contracts arising out of the implementation of new technologies as well as the current geopolitical situation. We touched upon the impact these developments have on the use of contract forms generally and upon certain typical provisions more specifically, including variation regime, warranty of quality and allocation of design risk.
Newbuilding projects are complex and capital intensive. Shipbuilding contracts are constantly evolving to keep pace with legal and technological developments.
- What are some of the common contractual risks associated with the implementation of new technologies?
- What impact does the current geopolitical situation have on contract negotiations and management?