Fisher Maritime's Fairleads

'Lessons Learned' Strategies & Ideas for the Marine Industry


An Ounce of Prevention

Just as a hurricane begins as small disturbances in the atmosphere, a shipyard claim may start forming without the owner being aware of it. Although curtailing the formation of a hurricane isn’t possible yet, curtailing a full blown shipyard claim can be. Since hurricanes are not controllable, avoidance of its disastrous effects can only be achieved through early forecasting and positive action to brace for the storm. Sometimes shipyard claims may also seem inevitable. In fact, however, with appropriate management techniques, they are avoidable.

The principles of claim avoidance are mainly the same as when dealing with a hurricane — early detection of the conditions which breed them, and positive action right from the get-go. It is in the interest of both the owner and the shipyard to avoid claims. Such claims typically result from a lapse in effective contract management by either or both parties.

Fisher Maritime routinely provides, to both owners and shipyards, management consulting efforts to monitor the conditions which might breed a claim, and to recommend actions which can lead to the avoidance of one. If you are concerned about the possibility of a claim developing and appreciate the benefits of avoiding it, call on Fisher Maritime to begin claim-avoidance procedures. This is what Fisher Maritime does best — its primary mission is to develop and help manage ship conversion, repair and newbuilding contracts to avoid claims.