Alqanoni

Commercial Maritime Law

Art. 62
Status unknownSaudi ArabiaRegulation

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

A vessel under construction may be mortgaged provided that, prior to recording the mortgage, a declaration is filed with the registration office indicating the vessel’s place of construction, length and other dimensions, and approximate tonnage.

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

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