There is a new procedure for executing liens on mortgaged vessels.
In an article in Prensa.com, Eduardo de Alba, a specialist in maritime law, explained that "for a creditor to be able to claim the lien right, there must be prima facie (in the first instance) evidence of: a) the registration of the vessel with the annotation of the naval mortgage and lien being applied and, b) the amount secured along with a summary of it, together with the claim."
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The International Merchant Marine Registry of Belize (IMMARBE) is under the Ministry of Finance, with its Head Office located in Belize City. The Registration of Merchant Ships Act, 1989 as amended in 1996 governs the merchant fleet.
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