| The paper, under the direction of general theory of civil Jaw, combining with the relevant stipulations of international convention and external legislation, analyzes systematically, the deficiency of our domestic legislation within the area of possessory lien and the disadvantage to the shipping performances arose therefrom. The writer believes that, our internal legislation should change the definition of possessory lien from a close- style to an open one and enlarge the obligatory rights secured by the possessory lien, in order to specify the character of the right and add the maneuverability in the performance. Based on the aforesaid, the writer provides a further discussion on the performance and execution of possessory lien, and explains in detail about the time extension of performance and settlement procedure of the possessory lien. At the end, the writer provides her recommendations for the legislation as: Firstly, enlarging the rights secured by the possessory lien. Secondly, adding more rules for the execution of possessory lien so that the debtor could protect his interest better.
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