Alqanoni

Commercial Maritime Law

Art. 32
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

Ownership of the vessel shall remain with the shipbuilder and may not be transferred to the applicant for construction until the applicant conducts necessary trials and accepts delivery thereof, unless agreed otherwise.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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