Maritime Lien
/ˈmærɪtaɪm liːn/
Definitions
- (n.) A privileged claim upon a ship or its freight for the satisfaction of a maritime debt or obligation.
The shipowner asserted a maritime lien to recover unpaid repair costs.
- (n.) A special property right in maritime law that attaches to a vessel, enabling enforcement without possession by arrest or sale.
The maritime lien allowed creditors to arrest the vessel despite the owner's insolvency.
Forms
- maritime liens
See also
Commentary
Maritime liens are distinct from general liens by their nature as in rem claims that follow the vessel wherever it goes, enforcing debts related to the ship regardless of ownership changes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.