CMB cancels 4 newbuildings

After 30 June 2014, Bocimar decided to cancel the orders for Samjin hulls 1052, 1053, 1054 and 1055 as the yard was not able to respect the contractually determined delivery dates. An amount of USD 29.985.000 representing the advances paid – including interest – has already been reimbursed. Bocimar, however, continues to closely monitor the situation of the yard and does not rule out any future subsequent cancellations.

CMB cancels 4 newbuildings

After 30 June 2014, Bocimar decided to cancel the orders for Samjin hulls 1052, 1053, 1054 and 1055 as the yard was not able to respect the contractually determined delivery dates. An amount of USD 29.985.000 representing the advances paid – including interest – has already been reimbursed. Bocimar, however, continues to closely monitor the situation of the yard and does not rule out any future subsequent cancellations.