What is the main difference between a possessory lien and a maritime lien?

Whereas a possessory lien depends on possession of property, a maritime lien does not depend on possession and is not extinguished by transfer of title in the property to a bona fide purchaser who is not notified of the lien’s existence. A maritime lien can therefore “travel with the ship” to which it attaches, and is not lost through a change of ownership.

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Written by Ship Inspection

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