ZAGREB, April 23, 2019 – The Dredging and Maritime Management company, owned by the Jan De Nul group, is demanding the repayment of all advance payments for the construction of a dredger by the Pula-based Uljanik shipyard plus interest, with government collateral having been given for a part of the advance payments, the dock said on Tuesday.
On April 19 the client said that it would seek the repayment of its advance payments for the vessel that was to have been built by the shipyard, Uljanik said in a statement it made public via the Zagreb Stock Exchange.
“After months of negotiations between the client, Croatian state institutions and Uljanik, which were aimed at having the vessel completed at Uljanik instead of repaying the advance payments or transferring the vessel for completion to a foreign shipyard of the client’s choice, the client has made a final decision to seek the repayment of all advance payments made, plus interest,” the statement said.
The interested parties will continue to work on finding a solution to reduce the harm the latest developments are expected to cause to the state and the shipyard, the statement said.
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