Ship Mortgages And Proprietary Maritime Claims Under Nigerian Admiralty Law
Ship mortgages are a critical form of maritime security in Nigeria, but registration does not place a mortgagee ahead of every competing claim. This article examines the creation and enforcement of ship mortgages under the Merchant Shipping Act 2007, their classification as proprietary maritime claims under the Admiralty Jurisdiction Act 1991, and the arrest, judicial sale, and priority mechanisms under the Admiralty Jurisdiction Procedure Rules 2023. It highlights the superior status of maritime liens and the importance of registration and maritime due diligence to effective ship finance.
