Shanghai Martime Court has sold a seized bulker to Hong Kong-based owner Zhongjiang Ocean Shipping via an auction on Chinese-commerce platform Taobao for RMB16.89m(US$2.41m).

The Panama-flagged vessel Mahoni, which was owned by Indonesian company Meranti Maritime, was arrested at Shanghai Port in May 2016 under the court's ruling after 31 Filipino crew of the ship filed a lawsuit against the owner over salary disputes. The crews claimed that they hadn't been paid for 18 months.

According to an officail from the court, Zhongjiang Ocean Shipping will use th ship to transport lumber.