OU Superseacat declares bankruptcy

  • 2008-11-13
  • TBT Staff in cooperation with BNS
TALLINN - The Harju County Court has opened bankruptcy proceedings on OU Superseacat, a milti-million kroon company that operated a boat service between Tallinn and Helsinki.

Official announcements have indicated that Indrek Naur has been appointed as trustee in the bankruptcy.

Court spokesperson Kristina Ots told The Baltic News Service that the bankruptcy petition was filed by the company itself.

Superseacat announced in mid-October that it was discontinuing its service between the Estonian and Finnish capitals.

An earlier report suggests both of its vessels have been detained in Gdansk, Poland.

According to the Krediidiinfo credit record database the company has accumulated a tax debt of 1.3 million kroons (83,000 euros) and also owes port fees to Port of Tallinn.

OU Superseacat made a loss of 2.7 million kroons on sales of 45.3 million kroons in 2007.

The court session to review the bankruptcy petition will take place at the courthouse in Kentmanni street in Tallinn on Dec. 2.