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International Convention on Maritime Liens and Mortgages 1993

[Preamble]

Article 1 - Recognition and enforcement of mortgages, "hypothèques" and charges

Article 2 - Ranking and effects of mortgages, "hypothèques" and charges

Article 3 - Change of ownership or registration

Article 4 - Maritime liens

Article 5 - Priority of maritime liens

Article 6 - Other maritime liens

Article 7 - Rights of retention

Article 8 - Characteristics of maritime liens

Article 9 - Extinction of maritime liens because of time

Article 10 - Assignment and subrogation

Article 11 - Notice of forced sale

Article 12 - Effects of forced sale

Article 13 - Scope of application

Article 14 - Communication between States Parties

Article 15 - Conflict of conventions

Article 16 - Temporary change of flag

Article 17 - Depositary

Article 18 - Signature, ratification, acceptance, approval and accession

Article 19 - Entry into force

Article 20 - Revision and amendment

Article 21 - Denunciation

Article 22 - Languages

[Post Provisions]

[Post Clauses (If any: Signed; Witnessed; Done; Authentic Texts; & Deposited Clauses)]

Annex - International Convention on Maritime Liens and Mortgages, 1993

[Annex]

[Annex Post Provisions]

[Annex Post Clauses (If any: Signed; Witnessed; Done; Authentic Texts; & Deposited Clauses)]

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

International Convention on Maritime Liens and Mortgages 1993, Held at the Palais des Nations, Geneva, from 19 April to 6 May 1993

United Nations (UN)

copy @ Lex Mercatoria

International Convention on Maritime Liens and Mortgages 1993

Article 5 - Priority of maritime liens

1. The maritime liens set out in article 4 shall take priority over registered mortgages, "hypothèques" and charges, and no other claim shall take priority over such maritime liens or over such mortgages, "hypotheques" or charges which comply with the requirements of article 1, except as provided in paragraphs 3 and 4 of article 12.

2. The maritime liens set out in article 4 shall rank in the order listed, provided however that maritime liens securing claims for reward for the salvage of the vessel shall take priority over all other maritime liens which have attached to the vessel prior to the time when the operations giving rise to the said liens were performed.

3. The maritime liens set out in each of subparagraphs (a), (b), (d) and (e) of paragraph 1 of article 4 shall rank pari passu as between themselves.

4. The maritime liens securing claims for reward for the salvage of the vessel shall rank in the inverse order of the time when the claims secured thereby accrued. Such claims shall be deemed to have accrued on the date on which each salvage operation was terminated.


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