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

Contracts

Brent Holds Above $97, Eyes Worst Quarter Since 2012

Brent crude futures hovered above $97 a barrel on Tuesday, aided by firm U.S. and Chinese data, but the oil benchmark was on track for its deepest quarterly drop

MAN Propulsion Packages for New Icelandic Trawlers

MAN Diesel and Turbo inform that Icelandic owners, HB Grandi, Vinnslustodin hf. and Hradfrystihusid Gunnvör, have ordered newbuildings based on two different ship

IRPT, Community College MoA on Maritime Training

The Inland Rivers, Ports and Terminals (IRPT) Trade Association announced today that it has entered into a memorandum of understanding with Lewis & Clark Community

Ferries

Interferry’s UN, EU Input on Display in Vancouver

Two major examples of Interferry’s growing influence will be highlighted next week at the global trade association’s 39th annual conference in Vancouver.       CEO

New Assistant Secretary WSDOT Sets Her Priorities

In the latest Washington State Ferries 'Weekly Update' newly appointed Assistant Secretary WSDOT/Ferries Division, Lynne Griffith, sums up as she completes her

Golden Gate Ferry Captains Stage One-day Strike

The Golden Gate passenger ferry system, California's largest, was shut down on Friday by striking boat captains, disrupting service for thousands of San Francisco

 
 
Maritime Careers / Shipboard Positions Navigation Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar 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: 0.1181 sec (8 req/sec)