Flinter Groep and Flinter Fleetholding fil[ds_preview]ed for suspension of payment after ING Bank has accelerated her credit lines.
According to Flinter the bank informed only last week that it is not willing to renew the financing of the 8 vessels owned by Flinter Fleetholding and the MV »Flintersky« that had expired on October 1st. Instead, the bank insisted on selling the vessels. All loans had been called.
»After 8 years of fighting hard it is sad that our journey ends here«
»In our opinion there are only losers: our staff on shore and on the vessels, the owners of the vessels and Flinter, the many partners and suppliers that support the vessels in the recent years with better payments terms,« said the company in a statement. It can also be expected that the bank will lose millions.
