The subject matter of this study is Article 36 of the Ship Registry Regulation (SRR), which governs the deletion of ship mortgages. Within this framework, the scope of application of SRR Article 36 has first been determined. Subsequently, the study focuses on the circumstances requiring the deletion of a ship mortgage from the registry, as regulated in separate paragraphs under SRR Article 36, and establishes that these circumstances in fact constitute the grounds for the termination of the ship mortgage itself. In addition, since SRR Article 36 also sets forth the procedural rules and substantive principles concerning the deletion from the ship registry of a ship mortgage that has been terminated, these aspects are likewise examined in the study. On the other hand, apart from SRR Article 36, the provisions of Articles 1044 et seq. of the Turkish Commercial Code (TCC) No. 6102 also contain regulations regarding the circumstances leading to the termination of a ship mortgage. However, it must be noted that, pursuant to TCC Article 994, SRR Article 36 which regulates the circumstances requiring the deletion of a ship mortgage has the character of a supplementary provision vis-à-vis the provisions of TCC Articles 1044–1053, which are contained in the section entitled “Termination of Ship Mortgage”. Accordingly, in the present study, while analyzing SRR Article 36 regulating the deletion of ship mortgages, the relevant provisions set forth under TCC Articles 1044–1053 have also been discussed to the extent necessary.