Legal Certainty for Creditors in Funding with Ship Mortgage Guarantee

Patra Dimas Kunto Wibisono
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Patra Dimas Kunto Wibisono: Postgraduate Directorate-Master of Law, Pancasila University, Jakarta, Indonesia

International Journal of Research and Innovation in Social Science, 2022, vol. 6, issue 11, 605-612

Abstract: The problem of this research is to find out the existence of ship mortgage guarantee institutions in the legal guarantee system in Indonesia, related ship mortgage legal guarantees in Indonesia, and to know the position of the Grosse ship mortgage deed in providing legal certainty for creditors. The research method used in this research is normative legal research. From what has been researched and written, the results of the research can be concluded that the existence of ship mortgage guarantee institutions in the guarantee law system in Indonesia has not been able to provide legal protection and certainty to creditors because the legal arrangements for ship mortgage guarantees have not been comprehensively regulated in one legislation., as well as the regulation is not yet in a complete but still partial legal system of material guarantees. The law of ship mortgage guarantees as the legal principles of ship mortgage guarantees that underlie the legal norms of ship mortgage guarantees will function properly if the formulation of ship mortgage legal norms is clearly formulated so that it does not open up opportunities for multiple interpretations by law enforcement officials, and there are still different arrangements related to shipping mortgages, especially related to executions. And the conclusion found that the Grosse position of the ship’s mortgage deed in providing legal protection and certainty to creditors through the executorial title contained in it had not been carried out because the execution of the collateral object based on Article 224 HIR was too complicated. After all, it had to follow the procedure as in the execution. other cases, even though the execution of collateral objects has a different context.

Date: 2022
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