In Limbo on the Delaware
July 31, 2014
The Philadelphia Inquirer
Types : In the News
Greek-owned cargo ship has been anchored in the Delaware River for nearly 16 weeks, with 20 crew on board, caught in a quagmire between U.S. Coast Guard demands for operational repairs, and an owner who has not paid bills incurred since April.
The Nikol H, which is registered in the Marshall Islands, needs additional repairs before sailing, and the owners allegedly owe as much as $1.2 million, which prompted vendors and others to sue to recover costs for providing fuel, food, and supplies while the ship has been here.
[…]
The owner, Derna Carriers S.A., claims not to have the money to pay, Philadelphia maritime lawyer Alfred Kuffler told the judge. “The only one with money is the bank.”
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