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."

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 Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Asia Fuel Oil-Cracks, Spreads Tight; Bunker Prices Climb

Asia's fuel oil crack for benchmark 180-centistroke rebounded to a discount of $6.79 a barrel on Wednesday, gaining as bunker prices firmed on the possibility of

Wärtsilä Design for Offshore Vessel Conversion

Dutch ship owner C-Bed has contracted Wärtsilä Ship Design to supply the design for rebuilding its Seismic Survey Vessel, the 'Viking II', for use as a hotel vessel.

Terex Cranes for ICTSI

Terex Port Solutions (TPS) has received an order from a subsidiary of International Container Terminal Services, Inc. (ICTSI) in Iraq for two Terex shiptoshore


Cadmatic Used for Alaska Ferry Design

The Alaska Marine Highway System (AMHS) has awarded the Alaska Class Ferry project to Vigor Alaska shipyard in Ketchikan, Alaska, where construction is currently underway.

VIKING, PVA Join Forces for New USCG Safety Compliancy

Coastal vessel operators trying to come to terms with upgraded US Coast Guard regulations for survival craft have been helped along the way by VIKING at the

MOL Subsidiary to Build Ro-Pax Ferries

Mitsui O.S.K. Lines, Ltd. announced that its group company Ferry Sunflower Limited is moving ahead with plans to construct two large-scale Ro-Pax (roll on/roll off passenger) ferries.

Maritime Careers / Shipboard Positions Maritime Security Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.0718 sec (14 req/sec)