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https://www.tamimi.com/law-update-articles/so-you-want-to-buy-a-ship-sale-purchase-essentials/
Closing the Sale. A ship sale and purchase transaction culminates with its “closing.” Here the buyer and seller (usually on the same day) exchange documents, make payment, and physically deliver and transfer the vessel. It requires careful coordination between various parties who operate in unison to ensure the sale successfully closes.
https://www.lexology.com/library/detail.aspx?g=b94ede2b-68ba-46d4-83e4-bb091e215da1
Jul 17, 2017 · Closing the Sale A ship sale and purchase transaction culminates with its “closing.” Here the buyer and seller (usually on the same day) exchange documents, make payment, and physically deliver …Author: James Newdigate
http://www.maritimelawcenter.com/html/closing_the_sale.html
Closing the Sale By Mike Vaughn. We all seem to agree that finding an owner who will sell and a buyer who will buy are the most difficult parts of a ship transaction. However, closing up the transaction and successfully concluding the sale may also be strewn with difficulty. The first thing to remember is that it is basically a simple transaction.
https://www.internationallawoffice.com/Newsletters/Shipping-Transport/Norway/Wikborg-Rein/How-to-pay-for-second-hand-vessels
May 11, 2011 · Sale and purchase procedure Practical payment mechanisms Comment. Before a closing meeting for the sale and purchase of a second-hand vessel takes place, the sequence of steps to be taken for payment of the purchase price and delivery of the seller's documents must be agreed, as well as whether the buyer or the seller should take the first step.
https://karatzas.mobi/sp-101-2/how-to-buy-or-sell-a-ship-basil-m-karatzas/
The terms of the sale of the vessel are determined by the MOA which most likely is based on the Norwegian Sale Form of 1993 (Saleform 1993 or plainly NSF 93). The NSF 93 has sixteen main clauses and special or additional terms are incorporated in the addenda.
https://kissflow.com/procurement-process/purchase-order/purchase-order-process/
Oct 18, 2018 · Purchase order process flow. The purchase order process flow is the lifecycle of a purchase order from order creation to closure. A predefined purchase order process flow allows the purchasing team to process a PO without missing any steps, and follow it up easily to avoid delays.
http://ntst-aegean.teipir.gr/sites/default/files/forum/ship_sale_and_purchase_powerpoint.pptx
There is a list of documents required during closing, such as: Certificate of ‘’Good Standing’’ Power of Attorney. Class certificate of the vessel. Documents pertaining to governmental consent to ship sale. Bill of Sale. Minutes of Sellers’ board meeting and so on. After the closing the vessel should be . deleted from the registry . and a
http://vietnamlawmagazine.vn/some-legal-issues-of-international-sale-and-purchase-of-ships-5209.html
1. Model contract of international sale and purchase of ship In international ship deals, the sellers and buyers regularly use Memorandum of Agreement for sale and purchase of ships (shortened as SALE FORM copyrighted by the Norwegian Shipbroker’s Association) that is issued by the Baltic and International Maritime Council (BIMCO).
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