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    CH Offshore reaches agreement in dispute with PDV Marina

    Company News // June 30, 2015

    Referring to the company’s legal proceedings in London against PDV Marina SA (PDV Marina) and Astilleros De Venezuela CA (Astivenca) for a claim relating to outstanding charter hire in respect of the charter of the vessels Amethyst and Turquoise, the Board of Directors of CH Offshore say they have reached a settlement in respect of the claim.

    PDV Marina has made payment of US$60 million to the company in full and final settlement of the claim without admission of liability.

    The company has assigned to PDV Marina any claims it may have related to the Claim against Astivenca.

     

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