Limit search to available items
Book Cover
E-book
Author Psarros, George Adamantios, author

Title Energy efficiency clauses in charter party agreements : legal and economic perspectives and their application to ocean grain transport / George Adamantios Psarros
Published Cham, Switzerland : Springer, 2017

Copies

Description 1 online resource
Series Springer series on naval architecture, marine engineering, shipbuilding and shipping ; volume 3
Springer series on naval architecture, marine engineering, shipbuilding and shipping ; 3.
Contents Foreword; Preface; Contents; Abbreviations; List of Figures; List of Tables; Executive Summary; Prologue; 1 Introduction; Abstract; 1.1 Preamble; 1.2 Design Energy Efficiency Contracting in Charter Parties; 1.3 Outline of the Book; 1.3.1 Aim and Objectives; 1.3.2 Research Design and Methodology; 1.3.3 Skeleton of the Book; Qualitative Part; 2 Literature Review; Abstract; 2.1 Preamble; 2.2 Design Energy Efficiency Improvements; 2.2.1 Design Energy Efficiency Specification; 2.3 Types of Charter Party Agreements; 2.4 Barriers on Implementing the Design Energy Efficiency Improvements
3 MethodologyAbstract; 3.1 Preamble; 3.2 Research Design; 3.2.1 Research Method; 4 Analysis and Findings; Abstract; 4.1 Preamble; 4.2 Initial Coding: Themes, Properties and Dimensions; 4.2.1 Themes: Time and Voyage Charters; 4.2.2 Properties: Rights and Responsibilities (Obligations) of Shippers or Charterers and Carriers or Ship-Owners; 4.2.3 Dimensions: Breaking Down Groupings Dealing with the Vessel; 4.3 Theory Building: Balancing the Interests for Design Energy Efficiency Improvements; 4.4 Focused Coding: Content Analysis of Charter Party Contracts; 4.4.1 Information Sources
4.4.2 Content Analysis4.4.2.1 Qualitative Data Organization: Main Category; 4.4.2.2 Qualitative Data Organization: Generic Categories; 4.4.2.3 Qualitative Data Organization: Sub Categories; 4.5 Revisiting the Theory from the Initial Coding; Quantitative Part; 5 Chartering Negotiations for Energy Efficiency; Abstract; 5.1 Preamble; 5.2 Theoretical Applications of Games Within Chartering; 5.3 Game Theory Model for Sharing Scheme Determination; 5.3.1 Principal-Agent Part; 5.3.1.1 Time Charter; 5.3.1.2 Voyage Charter; 5.3.2 Bargaining Part; 5.4 Energy Efficiency Investment Appraisal
5.5 Conceptualizing the Generated Knowledge6 Application-Ocean Grain Transportation; Abstract; 6.1 Preamble; 6.2 Trading Grains by Sea; 6.3 Dealing with the Inherent Uncertainties; 6.3.1 Parameter Uncertainties; 6.3.2 Uncertainty Propagation; 6.3.3 Parameter Significance of Choice; 6.4 Energy Efficiency Sharing Scheme for Handymax Vessel; 6.4.1 Time Charter; 6.4.1.1 Principal-Agent Part; 6.4.1.2 Bargaining Part; 6.4.1.3 Investment Appraisal; 6.4.1.4 Sensitivity Analysis; 6.4.2 Voyage Charter; 6.4.2.1 Principal-Agent Part; 6.4.2.2 Bargaining Part; 6.4.2.3 Investment Appraisal
6.4.2.4 Sensitivity Analysis6.4.2.5 Investment Recovery; 6.4.3 Time Charter Trip; 6.4.3.1 Principal-Agent Part; 6.4.3.2 Bargaining Part; 6.4.3.3 Investment Appraisal; 6.4.3.4 Sensitivity Analysis; 6.4.3.5 Investment Recovery; 6.5 Energy Efficiency Sharing Scheme for Panamax Vessel; 6.5.1 Time Charter; 6.5.1.1 Principal-Agent Part; 6.5.1.2 Bargaining Part; 6.5.1.3 Investment Appraisal; 6.5.1.4 Sensitivity Analysis; 6.5.2 Voyage Charter; 6.5.2.1 Principal-Agent Part; 6.5.2.2 Bargaining Part; 6.5.2.3 Investment Appraisal; 6.5.2.4 Sensitivity Analysis; 6.5.2.5 Investment Recovery
Summary 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
Bibliography Includes bibliographical references and index
Notes Online resource; title from PDF title page (SpringerLink, viewed December 20, 2016)
Subject Charter-parties
Ships -- Fuel consumption
Naval architecture.
charter parties.
naval architecture.
Energy technology & engineering.
International economic & trade law.
Game theory.
Engineering: general.
LAW -- Military.
Charter-parties
Naval architecture
Ships -- Fuel consumption
Form Electronic book
ISBN 9783319502656
3319502654