Marine Liens

Marine liens are legal claims against a ship or vessel for unpaid debts related to services performed on or for the vessel, such as repairs, fuel, or crew wages. These liens give service providers the right to seek payment by holding the ship until the debt is settled. Essentially, if a shipowner fails to pay for services, creditors can claim a lien against the vessel, allowing them to potentially sell the ship to recover owed amounts. Marine liens are crucial in maritime law, ensuring that those who provide necessary services to vessels can protect their financial interests.