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Lesson 28-Shipbuilding Contract

Tham khảo tài liệu 'lesson 28-shipbuilding contract', ngoại ngữ, anh văn thương mại phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | Lesson 28-Shipbuilding Contract 1 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