Author Topic: SS Rotterdam has been arrested  (Read 1884 times)

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Offline Isabelle Prondzynski

SS Rotterdam has been arrested
« on: Mar 10, 2011, 10:50 PM »
News has come in today via Liners' List and the Dutch media that SS Rotterdam has been "arrested".

This measure, which is usually applied to ships about to sail off somewhere, to stop them from doing so, has been imposed by the courts. An amount owed for her renovation (a small percentage of the total cost) is in dispute between the Rotterdam's owners (De Rotterdam BV) and an Italian company, Gitre, which was involved in her work. I understand that such arrests do not normally last long and, in the case of the Rotterdam, should not impede her business. The owners will need to raise a bank guarantee for the disputed amount, following which the ship is likely to be released.

It will then be up to the courts to judge on the merits of the case.

The problem at the origin of all this is, of course, the cost of her renovation, which hugely exceeded the planned budget, and the continuing difficulties in recovering this cost.


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