How to Set Up a Ship Mortgage?
Ship mortgages are a real right that occupies a central position in the financing architecture of maritime trade, serving as collateral for bank loans, shipyard financing, fleet investments, and restructuring... Read More
Can a lien be placed on a foreign-flagged vessel in Türkiye?
In maritime trade, ships, a "high-value and mobile" asset, are at the heart of credit and financing relationships. Therefore, the creditor needs collateral to secure their debt... Read More
Interest, Costs, and Ancillary Charges in Ship Mortgages
Ship mortgages are one of the most frequently used collateral instruments in financing maritime trade. However, in practice, the creditor's belief that "I have collateral" is often based solely on the principal... Read More
Rights of the Creditor in a Ship Mortgage Case
In maritime liens, the rights of the creditor encompass not only the securing of the debt in maritime trade, but also the legal mechanisms that ensure this security is actually converted into collection. Because the ship,... Read More
Scope of Ship Mortgage
In maritime trade, financing relationships are often based on a "high value-high risk" balance. From the lender's perspective, the ship is not just an asset in itself; its operational capability,... Read More
The Distinction Between Owner and Operator in Ship Mortgages and Their Legal Consequences
The distinction between owner and operator in ship mortgages is the most critical and frequently dispute-generating issue in maritime trade practice, both for creditors and those actually operating the ship... Read More
Change of Debtor in Ship Mortgages: Mortgage Relationship in Case of Company Transfer / Auction / Death
Changes in debtors in ship mortgages are one of the most frequent sources of disputes in maritime finance. This is because a ship mortgage is established on the ship independently of the debt relationship... Read More
Transfer of Ship Mortgage and Assignment of Receivables
1. Introduction The transfer of ship pledges and assignment of receivables are of great importance in maritime commercial law in terms of the continuity of credit relationships and the functionality of the collateral system... Read More
Deletion Procedures from the Registry in Ship Mortgage Cases
1. Introduction Deletion from the registry procedures are related to the termination of real rights registered in the ship registry, in terms of their legal effect against third parties in maritime trade... Read More
Ship Mortgage
INTRODUCTION Maritime trade, by its very nature, is a field of activity that requires high capital, has an international dimension, and possesses its own unique legal institutions. This... Read More