Aiyon Abogados advises Spanish shipowners on a shipbuilding contract based on the Norwegian Standard Form Shipbuilding Contract.

The vessel is already being built in Turkey. Aiyon advised the shipowner on the drafting of the contract and assisted them on the complex negotiations with the shipyard on issues affecting contractual clauses as well as the drafting of the refund guarantees and performance bonds to be tendered by the shipyard.

Aiyon also advised the shipowners on the opening of the documentary credit  for the payment of each instalment.