Drydock Agreements

A Drydock Agreement is a contract between a shipowner and a shipyard for the maintenance or repair of a vessel. It outlines the terms and conditions under which the ship will be dry-docked, meaning it will be taken out of the water for inspections, repairs, or upgrades. The agreement typically specifies costs, timeline, and the scope of work to be performed. This is crucial for ensuring the vessel remains safe and seaworthy, as regular maintenance prevents larger issues down the line and helps comply with maritime regulations.