What does a maritime lien mean for the ship I am buying?

Certain maritime claims give rise to a maritime lien, a claim against the vessel itself that can survive a change of ownership. Examples include claims for crew wages, salvage, damage caused by the ship and certain other claims. A purchaser can therefore acquire a ship that remains subject to liens or mortgages that the seller did not disclose. To protect yourself, conduct due diligence, including searches of ship registries for mortgages and registered interests, enquiries with the port authorities about arrests or detentions, and requests for certificates confirming no liens or claims. The sale agreement should include warranties that the vessel is free of encumbrances, an indemnity and a mechanism for payment that ensures the seller discharges any registered debts at completion. Get advice from a maritime lawyer.