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Editor in chief: Angelo Scorza
08/05/17 10:07

Tirrenia to terminate charter contract for the Wedellsborg

Since Weco was finally unable to meet delivery date, Onorato cancelled the sub-charter contract - shipowner is Visemar Line - and started immediate a ‘shipspotting’

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The Wedellsborg, last generation ro-ro unit built at Cantiere Navale Visentini in 2014, with 179 metres in length and 2,500 linear metres loading capacity, was detained longer than scheduled at dry docks and Tirrenia determined calcelling charter contract.

The ro-ro unit, owned by Visemar Line, was currently operated in time charter contract by Danish Weco Ro-Ro (ex Nordana) that recently sealed an accord with Moby group to sub-charter the ship to Tirrenia on 2-years contract at 17,000 Euro daily rate.

Nevertheless, before transferring the Wedellsborg from Weco to Onorato's fleet, she stopped at Palumbo shiprepair yard in Malta for being re-painted, however, presumably due to unexpected maintenance, Weco was unable to meet deadline, as agreed with Tirrenia, therefore – as assessed by Ship2Shore – Onorato determined to exert cancellation right.

Tirrenia is allegedly seeking a further ro-ro unit on the market so as to replace the Italian ship  currently still laying in Malta.

Meanwhile, according to international press, the Wedellsborg is on sale: - should the news be confirmed – it might have not affected Tirrenia's decision not to charter the ship in.

As a matter of fact Weco Ro-Ro had sealed a sub-charter contract with Onorato but shipowner Visemar Line is entitled to put the ship on sale irrespective of Weco's intention.

Francesco Bottino