AsiaOffshore

Otto Marine caught in two legal disputes

Singapore’s Otto Marine has announced that a creditor of the company has filed an application with Singapore High Court to wind up its subsidiary Go Offshore due to $180k in unpaid debts.

The court has made directions for the application to be heard on August 5.

Go Offshore is not disputing the debt and is in the process of making payment for the debt.

In the meantime, Otto Martine said it has issued two letters to Robert Knutzen Shipholding and Robert Knutzen through the company’s lawyers for charter contract disputes.

Otto Marine claim that Robert Knutzen Shipholding has been in default of about $2.83m in charter payments for two of the group’s vessels.

The company said it is working closely with its lawyers to take all necessary actions including the commencement of legal proceedings to enforce the company’s rights under the charter contracts.

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Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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