Current market stability is a window of opportunity. As geopolitical tensions signal future supply shocks, MNC teams must move beyond rigid fixed-fee models to build truly resilient contracts before the next crisis hits.

Contracts are meant to offer certainty, yet in the real world, even the most meticulously drafted ones can unravel under pressure. The recent Seatrium case, involving the termination of a US$475 million offshore wind vessel contract, highlights how quickly a commercial success story can turn into a liability headline.