IV.Potential Advantages of a Maritime Protocol
The potential advantages of a Maritime Protocol are substantial and would offer significant…
At present, in the absence of such harmonization under international law, security…
While the preference in international maritime law has generally been to rely on…
A Maritime Protocol would also offer significant advantages by streamlining registration…
Additionally, a Maritime Protocol would enhance publicity for consensual security…
Another key advantage would be the harmonization of priority rules for consensual…
Finally, a Maritime Protocol would harmonize remedies available in the event of default,…