In a perfect world – perfect shipbuilders, perfect ship owners, perfect contracts, and a perfect shipbuilding environment – there would be no issues between builders and owners surrounding the completion of shipbuilding projects. However, in a less-than-perfect world, things do not always go well, and builders and owners sometimes dispute changes in cost, delivery, performance, and other characteristics of the contracts and the vessels. Although may not be possible to create a perfect world; builders, owners, and insurers can take steps to ensure better data are available when it becomes necessary to identify a disruptive event and quantify its impacts.

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