Article 203. Obligations, the fulfillment of which is secured by a sea pledge on a ship Chapter 21. A sea pledge on a ship. Mortgage of a vessel or a vessel under construction of the Merchant Shipping Act
1. A sea pledge on a ship shall ensure the requirements to the shipowner in respect of:
1) salaries and other amounts due to the ship's captain and other crew members for their work on board the ship, including repatriation expenses and social insurance contributions paid on behalf of the ship's captain and other crew members;
2) compensation for damage caused to the life and health of a citizen on land or on water in direct connection with the operation of the vessel;
3) rewards for ship rescue;
4) payment of fees stipulated by this Law, as well as fees for pilot services;
5) compensation for actual damage caused during the operation of the vessel as a result of loss or damage to property other than the cargo, containers, baggage, cabin baggage and passengers' belongings carried on the vessel.
2. The requirements provided for in subparagraphs 2) and 5) of paragraph 1 of this article shall not be secured by a sea pledge for a vessel if such requirements arise as a result of:
1) causing damage from pollution from ships or damage in connection with the maritime transportation of dangerous goods;
2) exposure to the radioactive properties of nuclear fuel, its products and waste, or exposure to their radioactive properties in combination with their dangerous properties.
3. A maritime pledge for a vessel remains valid in the event of transfer of ownership of the vessel, change of its registration or change of the vessel's flag, except in the case of forced sale of the vessel out of court through competitive bidding (tender, auction).
The Law of the Republic of Kazakhstan dated January 17, 2002 No. 284.
This Law defines the legal, organizational, economic and international foundations of public administration in the field of merchant shipping and regulates relations related to the transportation of passengers, baggage and cargo, ensuring safety in maritime transport and environmental protection.
President
Republic of Kazakhstan
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