Shipbuilding – advice on contract for world’s largest cruise ferry
James Hickland has advised Irish Continental Group Plc (“ICG”) on negotiation and drafting of a shipbuilding contract for construction of a cruise ferry which when delivered will be the largest in the world in terms of vehicle capacity.
ICG announced on 2 January 2018 that it had entered into a contract with Flensburger Schiffbau-Gesellschaft MbH & Co KG of Germany for construction of a cruise ferry which will accommodate 1,800 passengers and crew, with capacity for 5,610 freight lane metres, and capability to carry 330 freight units per sailing, at a price of Euros 165.2 million.
The vessel will be built to the highest standards of cruise shipping with restaurants, bars, state of the art entertainment options and cinemas, for service on Irish Ferries’ fast-growing Dublin-Holyhead route.
We are excited to have been involved in such an interesting and ground breaking project, and happy that just occasionally our shipbuilding work is in the public domain.
Partner James Hickland and consultant Nicholas Phillips regularly assist buyers and builders with building contract negotiation, drafting and disputes, in relation to ships, yachts, offshore structures and aircraft.