{"id":37125,"date":"2015-12-04T13:53:30","date_gmt":"2015-12-04T13:53:30","guid":{"rendered":"https:\/\/splash247.com\/?p=37125"},"modified":"2015-12-04T13:53:30","modified_gmt":"2015-12-04T13:53:30","slug":"kongsberg-withdraws-its-appeal-in-rolls-royce-marine-case","status":"publish","type":"post","link":"https:\/\/splash247.com\/kongsberg-withdraws-its-appeal-in-rolls-royce-marine-case\/","title":{"rendered":"Kongsberg withdraws its appeal in Rolls-Royce Marine case"},"content":{"rendered":"<p>Kongsberg Evotec has decided to withdraw its appeal on a court settlement with Rolls-Royce Marine, in order to save &#8220;further efforts and resources on a continued court procedure in a challenging period for the maritime industry&#8221;.<\/p>\n<p>Norway&#8217;s Sunnm\u00f8re District Court in June ordered Kongsberg Evotec to pay damages of NOK 95m (then $12.8m) to Rolls-Royce Marine for breach of the Marketing Act. The company avoided a ban on production and sale of<span class=\"notranslate\"> equipment packages for quarterdeck operations on seismic vessels. The damages were paid in the second quarter.<br \/>\n<\/span><\/p>\n<p>&#8220;The company wants to focus fully on operations and development of the company going forward,&#8221; Oslo-listed Kongsberg commented in a filing today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kongsberg Evotec has decided to withdraw its appeal on a court settlement with Rolls-Royce Marine, in order to save &#8220;further efforts and resources on a continued court procedure in a challenging period for the maritime industry&#8221;. Norway&#8217;s Sunnm\u00f8re District Court in June ordered Kongsberg Evotec to pay damages of NOK 95m (then $12.8m) to Rolls-Royce &hellip;<\/p>\n","protected":false},"author":2,"featured_media":28414,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ml_titleColor":"#000000","_ml_titleFont":"Roboto","_ml_titleFontSize":1.136,"_ml_titleFontWeight":"400","_ml_titleLineHeight":1.3,"_ml_metaColor":"#708090","_ml_metaFont":"Montserrat","_ml_metaFontSize":0.6785,"_ml_metaFontWeight":"400","_ml_metaLineHeight":0.92,"_ml_bodyColor":"#a9a9a9","_ml_bodyFont":"Open Sans","_ml_bodyFontSize":0.85,"_ml_bodyFontWeight":"400","_ml_bodyLineHeight":1.2,"_ml_wooPriceColor":"#666","_ml_wooPriceFont":"Open Sans","_ml_wooPriceFontSize":0.9,"_ml_wooPriceFontWeight":"400","_ml_wooPriceLineHeight":1.27,"_ml_headingColor":"#000","_ml_headingFont":"Merriweather","_ml_headingFontSize":2.02,"_ml_headingFontWeight":"700","_ml_headingLineHeight":1.47,"_mlglobal_userfontcolors":{"headingColorUser":[],"titleColorUser":[],"metaColorUser":[],"bodyColorUser":[],"wooPriceColorUser":[]},"_uag_custom_page_level_css":"","footnotes":""},"categories":[70,65,60],"tags":[106],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kongsberg withdraws its appeal in Rolls-Royce Marine case - Splash247<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/splash247.com\/kongsberg-withdraws-its-appeal-in-rolls-royce-marine-case\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kongsberg withdraws its appeal in Rolls-Royce Marine case - Splash247\" \/>\n<meta property=\"og:description\" content=\"Kongsberg Evotec has decided to withdraw its appeal on a court settlement with Rolls-Royce Marine, in order to save &#8220;further efforts and resources on a continued court procedure in a challenging period for the maritime industry&#8221;. 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