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Energy Efficiency Clauses in Charter Party Agreements

Legal and Economic Perspectives and their Application to Ocean Grain Transport

  • Book
  • © 2017

Overview

Authors:
  1. George Adamantios Psarros

    1. DNV GL AS , Høvik, Norway

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  • Gives practical insights into the legal and economic principles underpinning energy efficiency
  • Presents new solutions for modernizing the chartering process
  • Shows practical applications in maritime transport
  • Includes supplementary material: sn.pub/extras

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-xxxvii
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  2. Prologue

    1. Front Matter

      Pages 1-1
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    2. Introduction

      • George Adamantios Psarros
      Pages 3-9

  3. Qualitative Part

    1. Front Matter

      Pages 11-11
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    2. Literature Review

      • George Adamantios Psarros
      Pages 13-21

    3. Methodology

      • George Adamantios Psarros
      Pages 23-29

    4. Analysis and Findings

      • George Adamantios Psarros
      Pages 31-45

  4. Quantitative Part

    1. Front Matter

      Pages 47-47
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    2. Chartering Negotiations for Energy Efficiency

      • George Adamantios Psarros
      Pages 49-64

    3. Application—Ocean Grain Transportation

      • George Adamantios Psarros
      Pages 65-100

  5. Epilogue

    1. Front Matter

      Pages 101-101
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    2. Conclusions, Limitations and Recommendations

      • George Adamantios Psarros
      Pages 103-109

  6. Back Matter

    Pages 111-175
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Keywords

About this book

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 processradically.

Authors and Affiliations

  • DNV GL AS , Høvik, Norway

    George Adamantios Psarros

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