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Merchant Marine Law details vessel lien rights
Article 29 of Law No. 8 of 1990 concerning maritime commerce clarifies the rights of privilege over the vessel. These rights include, firstly, the judicial expenses related to the sale of the vessel and the distribution of its proceeds, as well as the fees and taxes owed to the state, port charges, maritime services, and cargo-related fees. They also cover debts resulting from the master and sailors' employment contracts, compensation for rescue operations, and damages from collisions, pollution, and other maritime accidents. Additionally, the privilege rights encompass debts arising from contracts entered into by the master outside the vessel's registration port, including maintenance and monitoring operations, whether the master is the owner or not. Debts incurred by the vessel’s agent or shipowner, in accordance with applicable legal provisions, are also covered. This article emphasizes the importance of the privilege rights in ensuring the settlement of all debts and dues related to the vessel and its operations, thereby providing legal security to all involved parties.
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