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  2. Shipbuilding contract - Wikipedia

    en.wikipedia.org/wiki/Shipbuilding_contract

    The main terms of an agreement, such as expenditure, timescale and risks involved in shipbuilding, are better to record in written form. In order to create an enforceable agreement, the essential elements for an agreement to form a legally binding contract must be presented, they are: offer; acceptance; consideration; privity of contract

  3. Sale and purchase of ship - Wikipedia

    en.wikipedia.org/wiki/Sale_and_purchase_of_ship

    The sale and purchase of ship is an important aspect of the shipping industry. It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining .

  4. Chartering (shipping) - Wikipedia

    en.wikipedia.org/wiki/Chartering_(shipping)

    In commercial demise chartering, a subtype of bareboat chartering, the charter period may last for many years and may end with the charterer acquiring title (ownership) of the ship. In that case, a demise charter is a form of hire-purchase from the owners, who may well have been the shipbuilders. Demise chartering is common for tankers and bulk ...

  5. How much does a boat cost to purchase and own? - AOL

    www.aol.com/finance/much-does-boat-cost-purchase...

    For example, a boat that cost $20,000 to purchase would cost roughly $2,000 a year to maintain. Examples of typical boat maintenance include: Painting the hull.

  6. Ship mortgage - Wikipedia

    en.wikipedia.org/wiki/Ship_mortgage

    As a basic statutory form of mortgage, a reference to a collateral deed containing detailed particulars should be included: like the time for repayment of the principal sums; the interest payable on the capital sum loaned; the method of payment; the party responsible for insuring the ship;

  7. Purchase and sale agreement - Wikipedia

    en.wikipedia.org/wiki/Purchase_and_Sale_Agreement

    A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.

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