(1) Where a person has a beneficial interest, other than a mortgage, in any ship or a share in a ship registered in the name of another person as owner, the person interested as well as the registered owner shall be subject to all pecuniary penalties imposed by this or any other enactment on the owner of a ship or shares in it.

(2) Proceedings may be taken for the enforcement of the penalties against both or either of the parties mentioned in subsection (1).