Holland Norway Lines BV (HNL) applied for a suspension of payments in court this morning (wednesday august 30th 2023). Business operations are under pressure, partly due to the financial losses incurred at the beginning of the year in connection with the troubled period at Eemshaven. Pending further developments, the MS Romantika is not sailing for the time being and ticket sales have been halted.
The cause of the pressure on the still young company’s operations lies mainly in the troubled period at the beginning of this year due to the forced departure from Eemshaven. A period with many cancellations and extra costs but also with a significant impact on future bookings. Nevertheless, after the restart in Cuxhaven, Germany, and then a successful start in Emden (1 June), HNL saw the future looking bright again. However, HNL needs more time to make up for the financial losses incurred early this year.
From start-up to full-fledged organisation
All employees in Groningen, Norway’s Kristiansand and on board the cruise ferry were informed today. Since its launch in 2022, nearly 400,000 passengers have sailed on the cruise ferry MS Romantika. The company grew in no time from a start-up to a full-fledged organisation, with almost 400 employees.
