ICSID Kararıyla Bırakıldı|DenizHaber 07 Ağustos 2014 Perşembe 11:16
Karadeniz Company's ships Detained in Pakistan back in 2 years ago , one of them freed by decision made on ICSID ("International Centre for Settlement of Investment Disputes") .
1 of the ships that serve as mobile power plant is freed , 3 of them remains detained; one includes power plant ability,other 2 is service ships.
Here is the related speech given by company
Karkey Karadeniz Holding's affiliates, April 2012 held by Pakistan since the fourth largest ship in the Black Sea Gentlemen Powership Rock, World Bank's ICSID arbitration award was released with
International Centre for Settlement of Investment Disputes, and previously held hostage by Pakistan were allowed to go to the port of Dubai for maintenance "
Kaya Bey" floating power plant decide to completely release said.
Karadeniz Holding subsidiary, Karkey the company a written statement, 216 MW of electricity generating capacity of the Kaya Bey's ship more than two years while in Karachi at the port held hostage by stating that the issue in recent months, the World Bank depends on the "
International Centre for Settlement of Investment Disputes' (ICSID)" International Centre for Settlement of Investment Disputes "What moved was recorded.
In a statement, interim decisions taken earlier by
ICSID and ship repair and maintenance operations for the port of Dubai on 16 May 2014 to go to Pakistan but is separated from the realization of completely release was reminded. It comes from the center, on August 1 than a second decision in this direction occurred and the exact release Kaya Bey ordered to be confirmed and emphasized that to be permanent.
Karadeniz Holding Saudi's Regional Director in Pakistan Yasin won the international tender that they made a huge investment in this project by transferring said:
"Totally Turkish capital and engineering, we have built our ships contractual obligations fulfilling Pakistan began production.
Yet the Pakistani side of the contractual obligations, did not perform. Energy vessels to pay as they fuel also did not provide. Eleven months of own resources, our projects have tried to maintain, but payments still could not take place in March 2012 termination of the contract we had to.
Meanwhile, Pakistan's Federal High Court in 2006 since the short and medium term all energy projects involving decision-taking project, including all energy rental projects canceled and our ships detained. problem amicable ways to resolve many efforts have. however, over 2 years for a while, two floating power plants, including four of our ships in Pakistan was detained. Kaya Bey was released, but a floating power plant for a total of three of our ships currently in Pakistan. trial process continues. "
Karkey, trying to cope with the energy deficit in Pakistan, opened in 2008 by winning one of the mobile energy lease auction in 2011
by a total of four ships with a capacity of 232 MW, was sent to this country to make production. Karachi, corresponding to 20 percent of the electricity needs with this project was started to produce. Then the termination of the tender had been for various reasons.
Developments Karkey Group on 11 March 2013 referring to ICSID had demanded the release of the ship. Kaya Bey was separated from Pakistan on May 16.
Involved in the project while the other three ships are still being held in the country.