Springer Series on Naval Architecture, Marine Engineering, Shipbuilding and Shipping: Legal and Economic Perspectives and their Application to Ocean Grain Transport

Psarros, George Adamantios

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 processradically.

Details

Published by: Springer

Publication Date: 2016-12-16

Format: Hardcover

ISBN-13: 9783319502649

DOI: 10.1007/978-3-319-50265-6

Dimensions: 235cm x155cm

Pages: 175