What is the scope of the International Convention on Maritime Liens and Mortgages?

The International Convention on Maritime Liens and Mortgages (“Convention”) is an international agreement designed to provide a unified approach to the nature, scope, and enforcement of maritime liens and mortgages. The Convention was concluded in 1993 and was entered into force on April 30, 2006. It has been ratified by several maritime-related countries, including the United States. The Convention applies to maritime liens and mortgages on vessels registered in the countries that have ratified it. It regulates the nature, security, and priority of maritime liens and mortgages, including the form and content of the documents related to them. It also covers the creation, validity, and preferred rank of maritime liens and mortgages, their variation and cancellation, and their enforcement by the various contracting countries. The Convention provides the legal framework for the recognition of the lien or mortgage in the contracting countries. It also governs the action that can be taken to enforce a maritime lien or mortgage, and the procedure by which such lien or mortgage can be enforced. It sets out the mutual recognition and enforcement of judgments in the contracting countries, allowing parties to seek the enforcement of their lien or mortgage in more than one jurisdiction. In Washington, the Convention applies in full, including the provisions related to maritime liens and mortgages. This means that the Convention provides a unified approach to the creation, priority, and enforcement of maritime liens and mortgages in Washington. The Convention also establishes a framework for the recognition and enforcement of judgments related to these matters in Washington and other countries that have ratified the Convention.

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What is the scope of the International Convention on Maritime Liens and Mortgages?

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