A privileged claim against a vessel arising from maritime services rendered to the ship or damage caused by the ship. Maritime liens attach to the vessel itself regardless of changes in ownership and include claims for salvage, crew wages, collision damage, and bottomry.
Category: Maritime Law & Regulations
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ISM CodeThe International Safety Management Code, adopted by the IMO, which establishes an international standard for the safe management and operation of ships and for pollution prevention.ISPS CodeThe International Ship and Port Facility Security Code, a comprehensive set of measures to enhance the security of ships and port facilities developed in response to the perceived threats to ships and port facilities after the September 2001 attacks.Limitation of LiabilityA legal principle in maritime law that allows a shipowner to limit the amount of their financial liability for claims arising from maritime incidents.MARPOLThe International Convention for the Prevention of Pollution from Ships, the main international convention covering prevention of pollution of the marine environment by ships from operational or accidental causes.MLCThe Maritime Labour Convention, adopted by the International Labour Organization (ILO) in 2006, which sets out seafarers' rights to decent conditions of work across a wide range of subjects.P&I ClubProtection and Indemnity Club, a mutual insurance association that provides cover for its shipowner and charterer members against third-party liabilities arising from the operation of ships.
Back to DictionaryEntry updated May 2026