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

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 b...

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Main Author: Psarros, George Adamantios. (Author, http://id.loc.gov/vocabulary/relators/aut)
Corporate Author: SpringerLink (Online service)
Language:English
Published: Cham : Springer International Publishing : Imprint: Springer, 2017.
Edition:1st ed. 2017.
Series:Springer Series on Naval Architecture, Marine Engineering, Shipbuilding and Shipping, 3
Subjects:
Online Access:https://doi.org/10.1007/978-3-319-50265-6
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300 |a XXXVII, 175 p. 111 illus., 17 illus. in color.  |b online resource. 
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505 0 |a Introduction -- Qualitative Part -- Quantitative Part -- Epilogue. 
520 |a 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. 
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