The International Convention on Arrest of Ships

The International Convention on the Arrest of Ships is a legal agreement that helps countries manage the process of detaining ships to resolve disputes, like unpaid debts or damages. Established in 1999, it aims to create consistent rules across nations, making it easier for shipowners and creditors to understand their rights and obligations. By providing a clear framework for ship arrests, it seeks to balance the interests of creditors and shipowners, encouraging fair treatment and facilitating maritime trade. Ultimately, it helps maintain order and predictability in international shipping practices.