Hague Convention on the Arrest of Ships

The Hague Convention on the Arrest of Ships is an international agreement that aims to standardize laws concerning the detention of vessels to secure maritime claims, such as unpaid debts or damages. It provides a legal framework for creditors to arrest ships in various countries, allowing them to seek compensation. By facilitating the enforcement of maritime liens and claims, the Convention helps protect the rights of those owed money and promotes fairness in international shipping, making it easier to resolve disputes without resorting to lengthy legal battles in different jurisdictions.