Ship Sale and Purchase: 6th Edition (Hardback) book cover

Ship Sale and Purchase

6th Edition

By Iain Goldrein, Matt Hannaford, Paul Turner

Informa Law from Routledge

432 pages

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Hardback: 9781842145876
pub: 2012-12-20
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Ship Sale and Purchase is an essential working guide for anyone involved in the business of making ship sale contracts and also in the resolution of related disputes. It continues to be of great practical use, highlighting typical problems and tensions between the parties to ship sale contracts, as well as best practice.

This sixth edition contains a clause-by-clause commentary on SALEFORM 2012, the latest edition of the highly successful Memorandum of Agreement for the Sale and Purchase of Ships, issued by BIMCO and the Norwegian Shipbrokers Association. Key differences with the previous SALEFORM are described in order to help all involved get up to speed.

Recent case law is evaluated to highlight contractual issues that have arisen in recent years and a comprehensive description of the many ways in which the standard form provisions may be modified to suit the particular requirements of each transaction.

It provides complete coverage on the subject by including a practical overview of two other ship sale contracts, the current (1999) edition of Nipponsale and the first edition (2011) of the Singapore Ship Sale Form.


"The Sixth Edition of Ship Sale and Purchase is welcome, not least because in the four years since the last edition there has been a new Saleform (2012) and the Singapore Ship Sale Form has been issued. This book is the bible of sale and purchase. It is essential for practitioners both legal and commercial because it describes how to do it in the first place and then what happens if it goes wrong. The clear presentational style combined with sufficient detail to explain its analysis makes it a pleasure to read."


Permanent Secretary

International Association of Classification Societies

Table of Contents

1. The Sale and Purchase of Second-Hand Ships 2. Sale and Purchase Brokers 3. Classification Societies 4. Contract Formation 5. Saleform 2012 6. Additional Clauses 7. Payment Methods and Alternative Security Arrangements

About the Authors

Iain Goldrein QC MA (Cantab): Deputy High Court Judge; Panel Deemster of the Isle of Man; Recorder of the Crown Court; Visiting Professor (The Sir Jack Jacob Chair) in Litigation; Nottingham law School; Companion of the Academy of Experts; Council Member: International Institute of Experts (Hong Kong).

Matt Hannaford: Partner, CDG

Matt specialises in a wide range of transactional shipping law areas including ship finance, newbuilding projects, acquisitions and joint ventures, and he is recognised as one of the leading lawyers in ship sale and purchase. Matt was a member of the BIMCO documentary sub-committee for the preparation of Saleform 2012.

Paul A. Turner: Partner, Clyde & Co

Paul works with leading companies in the cruise ship, tanker, offshore, debt and equity financiers, and mega yacht sectors. Plus with shipyards on a wide range of asset and business acquisitions and disposals, joint ventures, construction and conversion projects, and complex operating and financing arrangements.

About the Series

Lloyd's Shipping Law Library

We are proud of our Lloyd’s Shipping Law Library, and rightly so; our collection has the leading titles written by the heavyweight practitioners of the shipping world. Shipping lawyers worldwide will find the information that they need at their fingertips within this library.

This diverse and truly international portfolio covers both wet and dry shipping; for example, we have titles on marine insurance, admiralty jurisdiction, shipbuilding, tug and tow, general average, arrest of ships, and laytime and demurrage. Our key titles include Voyage Charters and Time Charters.

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Subject Categories

BISAC Subject Codes/Headings:
LAW / General
LAW / Maritime