MARITIME LIEN – A CONCEPT STILL REQUIRED TO BE ANALYSED AND EXPLAINED

AUTHOR – RISHI RAJ NANKANI, STUDENT OF BHARATI VIDYAPEETH, NEW LAW COLLEGE, PUNE

BEST CITATION – RISHI RAJ NANKANI, MARITIME LIEN – A CONCEPT STILL REQUIRED TO BE ANALYSED AND EXPLAINED, ILE LEX SPECULUM (ILE LS), 1 (1) OF 2023, PG. 465-469, APIS – 3920 – 0036 | ISBN – 978-81-964391-3-2.

Abstract

Ships are meant for sailing through the vast oceans and they are the means for the continuous process of trade and commerce to keep going on. However sometimes it might happen that these ships might cause some damage either through collision, leakage, accident or any other reason . But the losses caused  through these reasons are not it the control of the owner of the ship as he or she is not the one who is driving the ship. Thus he or she cannot be held liable for damage . Therefore because of this reason the concept of Maritime lien came into existence which not only gave clarity regarding the responsibility of the ship owner in such cases but also provided that who will be paying in case of such situations. However there was still some scope of confusion left but with the passage of time this is also gradually shedding away as legislations are formulated regarding Maritime Lien

Keywords Maritime, Lien, balance, seizure, penalty, legal entity, Separate