Alqanoni

Commercial Maritime Law

Art. 58
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

The provisions of this Chapter shall apply to vessels used by the operator, whether or not he is the owner, or the principal charterer. The stipulated provisions shall not apply if the owner loses possession of the vessel due to an unlawful act and the creditor acts in bad faith. Chapter 3: Maritime Mortgage

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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