How to Determine Financial Security to Request for Arrest of Ship?

 According to Article 132 of Vietnam Law on Maritime, to request for arrest of ships, it is required to provide financial security to ensure that there is a way to hold the requester responsible in case the request is wrongful.The person requesting arrest of ships must provide financial security in either or both of the following forms:i) Submitting asset-backed security...

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What are Responsibility for Wrongful Request of Arrest of Ship?

 According to Article 131 of Vietnam Maritime Law, the wrongful request of arrest of ship in Vietnam shall be subject to financial obligations. In particular:The applicant for arrest of a ship must be held legally liable for his request. If the request for arrest of a ship is wrongful, which may lead to any loss, such applicant shall be responsible for compensating for...

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What Documents and Evidence Should be Required to Arrest or Release Ship from Arrest?

 According to Article 134 of Vietnam Law on Maritime, the requester needs to provide documents and evidence attached with a written request for arrest of ships or a written request for release of ships from arrest.Upon filing a request for arrest or release of ships, the person requesting such arrest must file a written request for arrest of ships or a written request...

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What Admiralty and Maritime Legal Matters in Vietnam Involve?

 Admiralty and maritime lawyers in Vietnam may represent and defend the interests of commercial ship owners and charters involving the total spectrum of maritime casualties, accidents and disputes which may arise in reference to commercial ocean shipping.Additionally admiralty and maritime lawyers in Vietnam are frequently appointed by a broad vary of domestic...

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