A maritime lien is much like a lien on any other property. It’s a legal proceeding that allows a boat to be seized if the debt for the vessel isn’t paid. That means that someone who buys a boat but stops making payments may have that boat taken by the authorities. If the boat wasn’t…
Quick’s the Word on the Water: Maritime Terms to Know
Navigating on the water can often be an intimidating venture for a novice boat owner, for any number of reasons. To get your journey started on the right foot, let’s take some time to look at some common maritime terms and explore why knowing them is essential for any seafarer. We designed our vessel documentation…
Maritime Documents: What Your Seller Didn’t Tell You About It
Many people dream of owning a ship. If you are one of the lucky ones who can buy and own a ship, make sure that you know everything about the vessel you are planning to purchase. Most of all, teach yourself about the maritime documents that you have to process. These documents are necessary so…