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July 1, 2009

GC Rieber Cancels New Build

Norwegian shipowner GC Rieber Shipping has cancelled a new build contract due to “significant” delays in delivery. The project was ordered in May 2008 by Polar Marine, a joint venture between GC Rieber and Otto Marine. The payment made by GC Rieber is covered by a re

By cms admin

Norwegian shipowner GC Rieber Shipping has cancelled a new build contract due to “significant” delays in delivery.

The project was ordered in May 2008 by Polar Marine, a joint venture between GC Rieber and Otto Marine.

The payment made by GC Rieber is covered by a refund guarantee.

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