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!
The most recognisable firm in this industry Chambers Publishing has recently launched its guide High Net Worth Advisers ranking the legal profession in 35 countries across the world. The qualities Chambers looks for (which determine rankings) include technical legal ability, professional conduct, client service, commercial awareness/astuteness, diligence, commitment and other qualities most valued by the client.
We are proud that Van Steenderen Mainport Lawyers has been ranked in the yachts & superyachts section with the following notes:
“Van Steenderen Mainport Lawyers BV
Van Steenderen is a boutique shipping firm based in Rotterdam. The Netherlands is one of the largest markets for yacht building and Van Steenderen has a well-established superyacht practice. One international lawyer says the firm has ''established itself as the most recognisable Dutch firm in this industry."
Van Steenderen has vast experience in all transactional and contentious aspects of building and commissioning Superyachts. It is particularly noted for its work with the major Dutch yacht builders, but it also handles international work. One source explains that the firm "represents some of the world's most prominent shipyards." The yacht team offers a full range of legal services for new yacht purchase, construction, refit and conversion projects. Sources say the team is “always very prompt and does very good work."
Arnold Van Steenderen is a key contact for the yacht team.”