Certain provisions in the ’93 edition which are known to have created uncertainty and misunderstanding have been re-worded in SALEFORM 2012 – resulting in much greater clarity.Ĭare has been taken to avoid the agreement becoming overly prescriptive. The new edition incorporates many of the commonly made amendments applied by the industry. The decision to revise SALEFORM followed from consultation with the global second-hand ship sale sector who felt that the industry would benefit from a modest update of this widely-used agreement. SALEFORM 2012 builds upon the international success of its predecessor, SALEFORM 93, while retaining the accepted general principles and familiar structure of the ’93 edition. The Norwegian Shipbrokers’ Association’s Memorandum of Agreement for sale and purchase of ships, code named Saleform, is the most used documents for sale and purchase in the market.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |