Prosafe considers appealing hotel rig verdict to Norway's Supreme Court

Hotel rig provider Prosafe was recently sentenced to pay USD 55 million to a shipyard in a case concerning the rebuilding of a hotel rig. The company is now considering whether to appeal the ruling to Norway's supreme court.

Photo: PR-FOTO

Crisis-stricken hotel rig company Prosafe, which is currently in the midst of restructuring its mounting debt and capital issues, now considers going on the offensive in a court case in which the company was recently sentenced to paying close to half a billion NOK in damages (USD 55 million), confirms CEO Jesper K. Andresen in a comment to ShippingWatch.

"We are considering an appeal to the Norwegian Supreme Court. We do this because we are surprised and disappointed with the result and that continues to be the case after reading the details of the verdict, which we believe suffers from significant shortcomings," says Andresen to ShippingWatch.

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