Can a vessel be deleted or transferred without the consent of the mortgagees?
Where the mortgage prohibits the transfer of the ownership of a ship or its de-registration without the prior written consent of every mortgagee, the Registrar is required to make an entry in the Register to that effect and shall not register any transfer or de-registration in the absence of that consent. The transfer or de-registration of a ship without the consent required will be of no effect except that the Registry may delete the vessel where conditions for deletion are otherwise satisfied.
Related Questions
- If the mortgage is enforced outside Jamaica, will the judgement of a foreign court be recognised so that the vessel and the mortgage may be deleted from the register?
- Our vessel is fully managed by a shipmanagement company. Will the vessel lose her certificate when transferred to another shipmanagement company?
- What current obligations will be deleted when $14.1 million is transferred to the Middleford Commons project?
