Sale and purchase law is a highly specialised branch of maritime law. Problems can arise out of the blue, very often in a tight window of a few days before the ship is due to be delivered and paid for. It is vital to get to grips with the problem immediately in order to deal with it effectively.

The Norwegian Saleform has long been the standard industry contract for the sale and purchase of second-hand cargo ships. It is used all over the world on a daily basis. But like all basic blueprints it has changed and evolved over the years to accommodate new problems and changing commercial practices. Now BIMCO is preparing a new ship sale agreement. It is expected to cover several additional issues, reflecting changing problems and needs.

This masterclass will give you a clear and concise picture of the problems and solutions which have occupied the shipping industry in recent years – and some of the problems which have now emerged in the age of COVID-19, sanctions and other global developments.


• Analyse potential problems and strategies required that will arise before delivery under NSF and after delivery
• Master the strategies on how to deal with problems, on the spot and if the deal breaks down
• Gain insights into the most important cases of the last 40 years - and why they matter now
• Learn key litigation and arbitration strategies and tactics - working with counterparties, arbitrators and courts
• Equip with the know-how of when and how to negotiate commercial settlement
• Understand and learn how to control the costs of litigation


Lawyers, in-house Counsel, ship operators, brokers, finance houses, banks and all those involved in the sale, purchase, finance and escrow arrangements for the sale and purchase of secondhand ships. Teachers, students and prospective students of maritime law interested in sale and purchase issues.


SGD 1,995 per delegate (Special rate for online training only)
SGD 3,195 per delegate (Original classroom fee)
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