NORSKY

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Radar failure off North Foreland

The 'Norsky' while en route from Zeebrugge to Tilbury with a crew of 26 on board, suffered a radar failure and restricted manoeuvring ability 17,6 miles from North Foreland in position 51 37 43N, 001 46 48E, in the morning of Sep 24, 2019. The vessel was carrying 6021 tonnes of general cargo, including 358 tonnes of IMO class 2 and 192 roro units. While the vessel was continuing its voyage to Tilbury, extra lookouts were being posted on the bridge. The ship arrived at berth 34 in Tilbury on Sep 25 at 6.20 a.m.

Bore plans to concentrate its shore organisation to Finland - reflagging to Finland planned

As part of its restructuring program, Bore has announced its plan to close the shore office in Amsterdam, the Netherlands, and concentrate all shore functions to Finland. As a result the company plans to re-flag its two RoRo vessels currently under Dutch flag, M/V NORSKY and M/V NORSTREAM, to Finnish flag. Maximum 24 Dutch employees are estimated to be affected by the change. Since 2010 Bore has been unprofitable with a cumulative operating loss (EBIT) of about EUR 65 million. Therefore, Bore initiated an extensive restructuring program in 2014. As part of the restructure, Bore decidedto permanently exit the unprofitable CoA business due to its relatively small CoA fleet and unsustainably poor result. Consequently, Bore is today focused on the RoRo (Roll on/Roll off) segment to secure its leading position in the tonnage providing business. In 2014, the shore office in Finland was streamlined to meet the new shipping business model of Bore.