Considerations when Buying or Selling a Ship
- Date: 14/06/2022
The current state of the market has resulted in an increased focus on the sale and purchase of second-hand ships. These transactions can, however, be fraught with potential pitfalls for both buyer and seller alike.
This publication takes a look at some of the issues that Members commonly encounter and suggests ways in which parties can seek to minimise risk and ensure that transactions proceed smoothly.