A Bergen court has again dismissed a EUR 9m ($10.9m) claim by UK owner PGS Geophysical against Norway's GC Rieber Shipping over a vessel resale.
Rieber subsidiary Armada Seismic Invest II was sued in 2012 by Arrow Seismic Invest II, now called PGS Geophysical (UK).
It alleged that Armada paid the wrong party when it took delivery of the 20,000-hp Polar Duchess from Spain’s Factorias Vulcano shipyard in October 2011.
After various delays due to procedural issues, Bergen district court kicked out the claim in 2016.
PGS then appealed, but the Gulating court of appeal has now dismissed this.
Armada has been awarded costs of NOK 3.4m ($0.42m).
This decision can again be appealed, however.
The vessel had been ordered by Arrow in 2006 and transferred to rival owner PGS in 2007, when PGS acquired Arrow.
The contracts were cancelled in 2009 due to delays.
