Scandlines Cancel P+S WERFTEN Ferry Contract

Press Release
Wednesday, November 28, 2012

P+S WERFTEN's insolvency administrator unfazed by Scandlines' decision to cancel construction contract for two ferries.

Berthold Brinkmann, insolvency administrator for P+S WERFTEN, issued the following statement in response:

"I am unperturbed, because I had included the cancellation by Scandlines in my calculations. In recent weeks we had made the two ships, the shipbuilding premises, staff and all construction plans available to Scandlines as well as to other shipbuilders and sub-contractors and in addition we conducted tests ourselves on the ships. Scandlines did not inform us to the scope agreed on about the results of the negotiations with the other shipbuilders.
 
Nonetheless, the commercial offer made by Scandlines is also not acceptable. We presented the offer to the board of creditors this past Thursday. The board of creditors was also not willing to engage in this offer. For this reason we are currently in negotiations with interested parties who are submitting considerably higher bids than Scandlines."

Background
Earlier Scandlines informed the administrator it had not been possible to find a solution to the severe technical problems that have occurred during the building process delaying the delivery. Accordingly, the contracts were now cancelled on the basis of the yard’s failure to construct the vessels in line with the contractual specifications.

Initially, the introduction of the new ferries on the Gedser – Rostock route was planned for this summer. All payments made to P+S Werften GmbH are covered by bank guarantees.

Scandlines said however, that it had invested substantially into the newbuilding project with manpower, marketing activities and the introduction of an extra vessel during the summer months in 2012.
 
 

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Wärtsilä to Begin Building LNG Terminal in January

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland.

Polarcus Awarded 3D Project Off West Africa

Polarcus Limited has signed a letter of intent with Perenco Oil & Gas Gabon S.A. for a 3D marine seismic acquisition project offshore West Africa.   The project,

Boskalis, VolkerWessels Win Offshore Wind Farm Work

Royal Boskalis Westminster N.V., in partnership with Volker Stevin International (VolkerWessels), has been awarded a contract by Iberdrola Renewables Offshore Deutschland

Ferries

MacGregor RoRo Cargo Access Package For Ferry

MacGregor, part of Cargotec, has received a contract from German shipbuilder Flensburger-Schiffbau-Gesellschaft (FSG) for a comprehensive RoRo cargo access equipment package.

Ferry Capsizing Kills at Least 129 in Congo

At least 129 people are dead in the Democratic Republic of Congo after an overcrowded vessel sank on Lake Tanganyika in the early hours of Friday morning.   According to Laurent Kahozi Sumba,

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1187 sec (8 req/sec)