Professional Documents
Culture Documents
Lesson 28
Lesson 28
Since Vietnam began to open up to the outside world in the 1990s, its national
shipbuilding industry has witnessed great development. So far it has assumed a share of
the international shipbuilding market. To build ships for foreign customers is obviously
more complicated than for domestic shipowners. First of all, it will involve the problem
of language, not to mention all the possible complicated procedures involved in the
foreign trade. All the documents shall be written in English language, including
email,faxes, memos, letter of intent ( intention), contracts and so on. Among these
documents, the most important is the contract, for the contract is the foundation for the
whole project like building or repairing a ship. And everything shall be carried out in
strict accordance with the contract. In case either party concerned in a contract violates
the terms and conditions of the contract, it will have to be responsible for all the possible
results occasioned by its violation as stipulated in the contract. So it's quite necessary for
you to know something about the shipbuilding contract if you wish to work or have been
working in a shipyard or a shipbuilding company. The following is extracts from the
standard contract issued by Vinashin, through which we wish through them you can learn
some idea about the shipbuilding contract written in English language as well as the
shipbuilding practice.
Shipbuilding Contract
FOR
CONSTRUCTION OF ONE
DEADWEIGHT..
(HULL NO.
)
This CONTRACT, entered into this day of
by and between
, a corporation organized and existing under the Laws
of , having its registered office at (hereinafter called the "Buyer") on one part; and
Viet Nam Shipbuilding Industry Co , a corporation organized and existing under the
Laws of the Republic Socialist of Vietnam , having its registered office at 109 Quan
Thanh Street HaNoi , the Republic Socilaist of Vietnam (hereinafter called "Vinashin" )
, and SHIPYARD, a corporation organized and existing under the Laws of the Republic
Socialist of Vietnam , having its registered office at. , the Republic Socialist of
Viatnam (hereinafter called the "BUILDER") on the other part, Vinashin and the
BUILDER hereinafter collectively called the "Seller",
WITNESSETH
In consideration of the mutual covenants contained herein, the seller agrees to build,
launch, equip and complete at the BUILDER's Shipyard and to sell and deliver to the
BUYER after completion and successful trial one(1).Vessel as more fully described
in Article I hereof, to be registered under the flag of..and the BUYER agrees to
purchase and take delivery of the aforesaid VESSEL from the SELLER and to pay for
the same in accordance with the terms and conditions hereinafter set forth.
Article 1 Description and Class
1. DESCRIPTION:
The VESSEL shall have the BUILDER's Hull No..and shall be constructed,
equipped and completed in accordance with the following "Specifications":
1)Specification(Drawing No..)
BI 30-HP NG NG TU(1)