Independent journal on economy and transport policy
07:09 GMT+2
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of Friend International Shipping it announces the resolution of the contract of sale of a tanker Handysize
the company previews to yield the unit to another purchaser in the course of first semester 2014
November 22, 2013
The shipowning society of Friend International Shipping (DIS) has announced the resolution of the contract with the South China Transportation Limited, in quality of purchaser, and the Hongkong Liaoning Shipping Group Limited, in quality of guarantor, relative to the sale of the Handysize ship Sky of Paris constructed in 2001 from the South Korean Daedong Shipbuilding. DIS has explained that the contract is resolved as a result of the nonperformance of the purchaser who has regarded the lacked withdrawal the ship in the terms contractually previewed.
DIS has specified that, second previewed how much from the contractual agreement, operating controlled own of Tankers Friend will for a reason or purpose withhold of penitentiary 10% of the amount of about 1,3 million dollars already paid as warehouse from the purchaser and also is legitimized for a reason or purpose to demand moreover to the purchaser an additional amount of reimbursement of expenses 286 thousand dollars.
"We have displeased - the managing director of DIS, Marco Fiori has declared - than the Hongkong Liaoning Shipping Group has not honored the contract. We remain but the owners of the ship Sky of Paris and in consideration of the fact that on the market is a great demand for tankers we are reasonably sure of being able to sell it in the course of the first trimester 2014 to another purchaser in a market whose increased prices are meantime".
DIS has moreover communicated that of Tankers Friend it has decided the technical adaptation of two ships ships class ICE 1B bearing hull already ordered to Hyundai Dockyard Co. to an extra cost for each ship of 963 thousand dollars.
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The shipowning society of Friend International Shipping (DIS) has announced the resolution of the contract with the South China Transportation Limited, in quality of purchaser, and the Hongkong Liaoning Shipping Group Limited, in quality of guarantor, relative to the sale of the Handysize ship Sky of Paris constructed in 2001 from the South Korean Daedong Shipbuilding. DIS has explained that the contract is resolved as a result of the nonperformance of the purchaser who has regarded the lacked withdrawal the ship in the terms contractually previewed.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
