DFDS Confirms Negotiations with P+S Werften on Ro-ro Pair

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January 3, 2013

P+S Werften’s Volkswerft Stralsund site

DFDS, the Danish shipping and logistics company, confirmed Thursday that it is in fact negotiating with the struggling German shipyard P+S Werften concerning the construction of two ro-ro’s first ordered back in November 2010.

DFDS had cancelled its previous contracts with P+S Werften for the two ships after the yard filed for insovency in August when talks with creditors, customers and suppliers broke down. Upon filing, DFDS immediately expressed concerns over whether or not the newbuildings would ever be delivered and the company eventually pulled out in September 2012 saying that P+S Werften “breached several terms of the contracts.”

DFDS says the offered price of the two newbuildings is EUR 84m, but the new contracts have still yet to be finalized and, if signed, will be subject to a number of conditions.

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