Mortgages maritime liens retention and arrest
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Mortgages, maritime liens, retention and arrest. Professor Erik Røsæg Scandinavian Institute of Maritime Law [email protected] folk.uio.no/erikro. Basic concepts. Mortgage Security ordered by a court Maritime lien Arrest (Bottomry). The Conventions.

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Mortgages maritime liens retention and arrest

Mortgages, maritime liens, retention and arrest

Professor Erik Røsæg

Scandinavian Institute of Maritime Law

[email protected]

folk.uio.no/erikro


Basic concepts

Basic concepts

  • Mortgage

  • Security ordered by a court

  • Maritime lien

  • Arrest

  • (Bottomry)


The conventions

The Conventions

  • Liens and Mortgages 1967 and 1993

  • Arrest 1952 and 1999


The contracts

The Contracts

  • Loan agreement

  • Mortgage document

  • Other security

    • Assignment of freight

  • Cancellation clauses

    • NMC § 44

    • MAC clauses

  • Control

    • Long term charterparties

  • Accessories, NMC § 45


Mortgages and registration

Mortgages and registration

  • The main rule, NMC § 20

  • Priority, NMC §§ 23-25

  • Closing

  • Encumbrances in non-ships

    • Ships under construction, NMC § 31

    • Non-ships, NMC § 33

    • Platforms, NMC § 507

    • Permanent installations


Maritime liens in vessels nmc 51 et seq

Maritime Liens in vessels, NMC §§ 51 et seq.

  • Protected claims

    • Wages

    • Port dues

    • Personal injury claims

    • Property claims

    • Salvage rewards

  • Priority


Maritime liens in cargo nmc 61 et seq

Maritime Liens in cargo, NMC §§ 61 et seq.

  • Protected claims

    • Salvage Reward

    • Expenses in relation for cargo

    • Claims under the contract of carriage,cf NMC §§ 269 and 292


Time bars

Time bars

  • Length

  • Arrest, NMC § 55

    • Possibility of arrest, Dispute Act § 33-2

  • Security to prevent arrest

  • Arrest forum

  • The Lugano/Brussels system


Right of retention

Right of retention

  • NMC § 54

  • Continuity

  • Priority

  • Relation to bankruptcy


Maritime liens the system

Maritime liens –the system

  • Liability of reder or owner

  • Maritime lien or mandatory insurance

  • Limitation

  • Subrogation

  • Relation to

    • Mortgagee

    • Hull insurer


Enforcement of liens and mortgages

Enforcement of liens and mortgages

  • Forced ordinary sale

  • Auction

  • Forced use

  • Agreements?


Some remarks on common law

Some remarks on common law

  • Arrest

  • Lien

  • Actions in rem, cp NMC § 137


Choice of law and jurisdiction

Choice of law and jurisdiction

  • Registered mortgages, NMC § 74

  • Maritime Liens, NMC § 75

  • Forced sale abroad, NMC § 76


Arrest

Arrest

  • Effects

    • Vessel is detained. Guarantees

    • Jurisdiction

    • Sale

    • Timebars

  • Conditions

    • Maritime claim

    • Arrest necessary

    • Within jurisdiction

    • Limitation rules

    • Connection liability - ship

  • Costs


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