A building contract for a superyacht is longer and more complex than a sales contract, as it defines a substantial long-term construction project of considerable complexity. The yacht is a ‘future good’ which still needs to be constructed by reference to a specification, plans & drawings, and class and flag state requirements. It includes a timescale for delivery and specifies major milestone payments to be made until the delivery takes place.
Due to the complex interplay between the interests of builder and owner, a project of this magnitude exposes the yard and the commissioning party to considerable risk. Sound expert advice is necessary to identify the risks inherent to a project and deal with them carefully.
The superyacht market revolves around pedigree, quality and branding. Thanks to their vast experience in this particular area of shipbuilding, Arnold and Charlotte from our firm understand the demands of this industry like no other. Over scores of projects, we have dealt with all the transactional and contentious aspects of building and commissioning a superyacht, both in the Netherlands and abroad. Our yacht team offers a full range of legal services for new builds as well as refit and conversion projects. We offer assistance from the negotiating phase throughout the construction period and after the delivery of a yacht.
True enjoyment of their Dutch-built superyacht should be every owners’ top priority. Leave the legal issues to us!
Heritage, innovation and creativityare the three pillars that form the foundation of the Dutch Yachting Industry