khany ® 23-Jan-2019 17:25

Energy Efficiency Clauses in Charter Party Agreements: Legal and Economic Perspectives and their Application to Ocean Grain Transport


Year: 2017
Language: english
Author: George Adamantios Psarros
Genre: Textbook / Research book
Publisher: Springer International Publishing
Edition: 1
ISBN: 978-3-319-50265-6
Format: PDF
Quality: eBook
Pages count: 175
Description: This book provides practical solutions for addressing energy efficiency as a clause term within a charter party contract. For this, upon a reflection of the regulatory craft, it analyzes key concepts of case law, and discusses them together with commercial and economic principles. In this way, the book aims at offering a comprehensive, interdisciplinary view of the chartering process, together with a new approach for safeguarding energy efficiency investments. A special emphasis is given to the maritime industry. Here, the newly developed framework, based on game theory, has been successfully applied to demonstrate the importance of including a clause term in contract negotiation to achieve protection against both an uncertain market and an even more challenging shipping environment. The book not only fills a gap in the literature, covering a topic that has been largely neglected to date, yet it offers researchers and practitioners extensive information to change the chartering process radically.
Additional info: Springer Series on Naval Architecture, Marine Engineering, Shipbuilding and Shipping Vol.3

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