In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Merchant Shipping Act 1995 · 2020 Revised Edition · Part 2 · Singapore Registry
29. Mortgagee not deemed to be owner
Feedback & supportExcept as may be necessary for making a mortgaged ship or any share therein available as a security for the mortgage debt, the mortgagee is not, by reason of the mortgage, deemed to be the owner of the ship or share, nor is the mortgagor deemed to have ceased to be the owner of the ship or share.
ship
Defined · s 2
“ship” means any kind of vessel used in navigation by water, however propelled or moved and includes —(a)a barge, lighter or other floating vessel;(b)an air-cushion vehicle, or other similar craft, used wholly or primarily in navigation by water; and(c)an off-shore industry mobile unit;