Energy Efficiency Clauses in Charter Party Agreements Legal and Economic Perspectives and their Application to Ocean Grain Transport / [electronic resource] :
by George Adamantios Psarros.
- 1st ed. 2017.
- XXXVII, 175 p. 111 illus., 17 illus. in color. online resource.
- Springer Series on Naval Architecture, Marine Engineering, Shipbuilding and Shipping, 3 2194-8453 ; .
- Springer Series on Naval Architecture, Marine Engineering, Shipbuilding and Shipping, 3 .
Introduction -- Qualitative Part -- Quantitative Part -- Epilogue.
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.
9783319502656
10.1007/978-3-319-50265-6 doi
Industrial Management. Energy policy. Energy and state. International law. Trade regulation. Game theory. Industrial Management. Energy Policy, Economics and Management. International Economic Law, Trade Law. Game Theory.