The mortgage established by the joint owners of a ship shall not be affected by virtue of the division of ownership thereof.

船舶共有人设定的抵押权，不因船舶的共有权的分割而受影响。

youdao

Where a ship is jointly owned by two or more legal persons or individuals, the joint ownership thereof shall be registered at the Ship Registration Administration.

船舶由二个以上的法人或者个人共有的，应当向船舶登记机关登记；

youdao

In the early days of capitalism a handful of joint stock investors would gather on the docks by their ship and discuss how much tea and spices they would buy.

FORBES: A New Civics for a Capitalist World

Michael Mullen, chairman of the Joint Chiefs of Staff, said Thursday that the United States would not forcibly board a North Korean ship but, in accordance with a recent U.N. resolution, would request permission to search the ship or press any port the ship docks in to inspect it for illegal materials.

CNN: Gates: U.S. ready for North Korea missile