An obligee who has had a claim for delivery of a vessel seized may, when one week has passed from the day on which an order of seizure is served upon the obligor, demand the third party obligor to deliver the vessel to the custodian appointed by the district court having jurisdiction in the locality of the vessel.
Judicial enforcement against a vessel delivered to a custodian pursuant to the provisions of the preceding paragraph is carried out by the means of enforcement against a vessel.
If the custodian prescribed in paragraph (1) has received delivery of a vessel, if an order commencing compulsory auction proceedings is issued for the vessel, the custodian is deemed to be a custodian appointed pursuant to the provisions of Article 116, paragraph (1).
Read this with the articles around it