After receiving the application for attachment, Guangzhou Maritime Court, in accordance with Special Maritime Procedure Law of the People\'s Republic of China, arrested the 80,000-DWT Marshall Is-flagged “MOL MANEUVER”.

In the afternoon of February 22, 2012, “MOL Maneuver” collided with COSCO’s “Zhen He” on the open seas off Shenzheng. “Zhen He”. Some holds on the starboard of “Zhen He” were seriously damaged, and five 40-inch containers fell into the sea and some containers were broken or twisted. The upper part of the bulbous bow of Marshall Is-flagged “MOL MANEUVER” was broken. There were no injuries among the crew members onboard the vessel, and no oil leaks have been detected.

In the afternoon of March 1, Shenzhen tribunal of Guangzhou Maritime Court received an application for attachment from the owner of “Zhen He”- COSCO Container Lines Co., Ltd. A preliminary estimate of the loss and damage of “Zhen He” is about 80 million yuan. COSCO applied to the court for arresting “MOL MANEUVER”, which may berth in Yantian Port or Youlian Shipyard and ordering the owner or charter of “MOL MANEUVER” to provide effective guaranty of 86.6 million yuan. COSCO offered counter guaranty to Guangzhou Maritime Court for its maritime claims.

After review, the judge believed that the request of the applicant on the loss during the ship collision is a maritime claim that the ship can be arrested, and approved the application in accordance with Special Maritime Procedure Law of the People\'s Republic of China. The judge prepared the documents for arrest and the Dean of Guangzhou Maritime Court Zhong Jianping signed the order of arrest.

Towed by tugboats, the giant “MOL MANEUVER” berthed at the terminal of Youlian Shipyard at about 6 p.m. of March 2. The judge boarded and executed the arrest, and announced the award of ship\'s arrest by Guangzhou MSA to the Indian captain. The judge also answered questions about the reasons of the arrest, cautions during the arrest, the guaranty etc.

It is learned that after the ship is arrested by the maritime court, the applicant COSCO shall institute legal proceedings to the court or apply arbitration to an arbitration institution within 30 days since the ship is arrested. If the applicant fails to institute legal proceedings or apply arbitration before the prescribed time, the court will lift the application for maritime attachment.