The Law of Ship Mortgages: 2nd Edition (Hardback) book cover

The Law of Ship Mortgages

2nd Edition

By David Osborne, Graeme Bowtle, Charles Buss

Informa Law from Routledge

636 pages

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Hardback: 9781138781498
pub: 2016-09-26
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Thought to be the most comprehensive guide to English law relating to ship mortgages, the second edition of The Law of Ship Mortgages has been highly anticipated. This fully-updated and complete explanation provides practitioners with a practical, commercially-based, and definitive guide to the English law of ship mortgages as well as important related areas such as conflict of laws and insolvency.

The authors, being seasoned practitioners themselves, bring their practical experience to bear on a number of difficult and developing areas of the law, such as: mortgagees’ duties, liability to charterers, conflicts of laws, work-outs and cross border insolvency.

New to this edition:

  • In-depth analysis of noteworthy cases such as The WD Fairway litigation, PK Airfinance v Alpstream, and Tropical Reefer and Anton Durbeck v DNB
  • Enhanced coverage of issues such as security interests in ships, priority, and third party involvement
  • Completely revised and reordered content, to better reflect practitioner needs

Written with practitioners in mind, this new edition will be extremely useful to legal professionals working in any jurisdiction that is involved in international ship finance, as well as post-graduate students and academics.


"…this new edition provides a comprehensive, knowledgeable, yet practical resource…

Lawyers and academics alike are usually more familiar with mortgages, and other security interests, taken over land. This book is illuminating in comparing and contrasting the different challenges faced in constructing a security framework over a moveable chattel whose operation spans the globe and is intimately connected with international trade.

All in all, this book is a valuable addition to many book shelves…the expertise of the authors in the law governing ship mortgages is evident on every page."

Professor Sarah Nield, Lloyd’s Maritime and Commercial Law Quarterly

Table of Contents

1. Historical Introduction

2. Ownership and Registration

3. Security Interests in Ships

4.The Conflict of Laws

5. Execution, Secured Obligations and Property Covered

6. Registration of Mortgages

7. Priority

8. Mortgagor's Obligations and Undertakings

9. Amendment, Transfer and Discharge

10. Liens

11. Default and Self-Help Enforcement Powers

12. The Courts' Protection of the Mortgagor

13. Liabilities of the Mortgagee to Third Parties

14. Enforcement by Arrest by Court Sale

15. Insolvency

16. Insurance

17: Security over Earnings and Charterparties

About the Authors

David Osborne is a partner specialising in asset and project finance at Watson, Farley & Williams.

Graeme Bowtle is a retired solicitor and consultant with Richards Butler (now Reed Smith).

Charles Buss is a partner specialising in maritime litigation and arbitration at Watson, Farley & Williams.

About the Series

Lloyd's Shipping Law Library

We are proud of our Lloyd’s Shipping Law Library, and rightly so; our collection has the leading titles written by the heavyweight practitioners of the shipping world. Shipping lawyers worldwide will find the information that they need at their fingertips within this library.

This diverse and truly international portfolio covers both wet and dry shipping; for example, we have titles on marine insurance, admiralty jurisdiction, shipbuilding, tug and tow, general average, arrest of ships, and laytime and demurrage. Our key titles include Voyage Charters and Time Charters.

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Industries / Transportation
LAW / General
LAW / Maritime