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E-Commerce chase order. Before accepting the agree- ment, it is critical that the parties under- stand the terms as stated. With these new developments across the maritime industry, it is clear that e-commerce is changing the nature of business transac- tions in general. The parties must also consider what legal framework will control the transac- tions. Ordinarily the terms of the agree- ment control what law will govern the transaction, however, in the absence of such terms there are agreements provid- ing guidance. For example, the U.S. Uniform Computer Information Trans- action Act (UCITA) provides guidelines to determine the law governing a trans- action in the absence of an agreement between the parties. When drafting transaction documentation with choice of law provisions, parties should consid- er the location of their customers and their assets. Given the international nature of the maritime industry, great / NATIONAL OILWELL CUSTOM BUILT TO YOUR SPECIFICATIONS BUILT ON TIME... AND WITHIN BUDGET L_3 YOUB EXCLUSIVE GENERATOR MANUFACTURER National Oilwell, L.P. Rig Systems and Controls 500 Industrial Blvd. • Sugar Land, Texas 77478 Ph: 281/240-9444 • Fx: 281-240-5074 www.natoil.com AN ISO 9001 CERTIFIED MANUFACTURER 1-800-531-6065 20KW - 15,000KW AC GENERATORS NEW, REBUILT, AND PARTS, WITH SERVICE CENTER LOCATIONS AROUND THE WORLD. National Oilwell is the original equipment manufacturer of Louis Allis AC. generators and motors as well as EMD A20, AB20, and AB21 Generators i addition to our broad range of Baylor generator products. Circle 370 on Reader Service Card Name Please consider my request for free cable charts. (Company- Street Address (no P.O. Box #sl Zip ['hi me ( Type of Business • 12200 Cape May to Cape Hatteras C 12300 Approaches to New York • 12 <18 Little Fgj> Inlet to Hereford Inlet • 12323 Sea Girt to Little F.gg Inlet • 12353 Shinnecock Light to Fire Island Light D 13205 Block Island Sound and Approaches • 13218 Martha's Vineyard to Bloi k Island • 1H007 San Francisco to Cape Flatten U 18480 Approaches to Straits of Juan de Fuca • 18580 Cape Blanco to Yaquina Head • 1802" Point Arena to Trinidad Head n 18040 San Francisco to Point Arena c 18"00 Point Conception to Point Sur • 203211 Florida and the Bahama Islands D 1 l4(S( i Cape Canaveral to Key West Dropping your anchor in the wrong spot can cause you a lot of problems getting underway. It can also cause costly damage to our submarine cables. Concert wants you to have free cable charts showing where they are located. Because hauling anchor in the wrong spot could cut a lot of people off. Mail coupon [i>: (Concert Submarine (Cable Protection 3 I" Mt. Kemble Ave., Konni S-200, l'(> Box 1923. Momstown, NJ 07962 1923, USA i)r (.all us toll-free: 1-800-235-CHARTS Chart requests subject to availability and are considered on a case-by-case basis. cofDcert consideration must also be given to the local laws of host countries that might govern industry sales through company Internet web pages. Electronic technology is a vital means of development for the maritime indus- try. To promote increased speed, accu- racy and efficiency in transactions, the industry must eliminate the need for processing necessary transactional doc- umentation in paper forms and instead create ways to complete transactions electronically directly between the par- ties. Creation of a standardized system of data exchange, incorporating the nec- essary legal terms to provide for secure transactions, will properly launch the maritime industry into the realm of e- commerce where it belongs. Natalia IV. Geren is an associate with Dyer Ellis c£ Joseph, P.C., a Washing- ton, DC.-based law firm with a domes- tic and international practice involving transportation, shipping, finance, porate, securities, legislative, mental, and trade matters. cor- environ- Mespas.com Seeks To Revolutionize Spares Buying The Swiss company B2B Netservice Ltd. is now offering a business-to-busi- ness Internet platform using reverse auc- tion techniques. Scheduled for opera- tion on November 1, 2000, mespas.com will enable buyers and suppliers of mar- itime engine spare parts to meet on the Internet. The goal of the new platform is to simplify the procurement of bids by buyers of maritime engine spare parts, and, at the same time, to provide suppli- ers a new sales venue for their products. Ship operators will be able to post requests for bid with mespas.com, and suitable suppliers will summarily be informed by e-mail. Circle 4 on Reader Service Card Boat-Park.com Establishes Presence In Florida Boat-Park.com has expanded its offer- ings to the Southeastern U.S. with a new office in Fort Laud- erdale, Fla. The compa- ny's main sales and engineering facilities are headquartered in Boston, Mass., while its marketing offices are housed in Newport, R.I. Cannon Eley was selected to manage the new Florida office - he has an exten- sive background within the marine industry. In addition, Eley boasts vast knowledge of online ordering (e-com- merce) capabilities in the boating com- munity. Circle 86 on Reader Service Card 14 Maritime Reporter/Engineering News