What might the owners of a ship do after it had been reported that their vessel had been in collision?

They would probably have the other vessel arrested pending payment of security up to the limit of liability under the LLMC Convention. Alternatively, they may decide on an arbitration agreement using Lloyd’s Form.

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Following a collision, and before arrival at the berth, what caution should a shipmaster give to his crew?

What action should the master take if, after the collision mentioned in the previous question, he received a notice from the other master holding him and his owners to blame?