Published On: Mon, Sep 8th, 2014

Dry Dock possibly under new company

Curacao Dry DockWILLEMSTAD - The Curaçao government wants to bring the Curaçao Dry (CDM) under a new company: the Curacao Maritime Center. Reason for this proposal is the poor financial situation of CDM, which has not yet settled the claim of 120 million demanded by the three Cubans

With the incorporation of a new company, the government hopes to avoid that claim of 120 million dollars. Legal councilors warned the Minister of Economic Development, who is also responsible for the public company CDM that such an arrangement would not work if the government is the creator of the new company. Also, it would not be possible if the company stays at the same location and keeps the same staff.

CDM now threatens to go bankrupt because the United States seizes assets of American companies that bring their ships to the dry dock for repair.

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