12:14 31.07.2020

Court lifts arrest from property of Mykolaiv shipyard Ocean

2 min read
Court lifts arrest from property of Mykolaiv shipyard Ocean

On July 24, 2020, Pechersky District Court of Kyiv lifted the arrest from the integral property complex of Mykolaiv Shipyard Ocean PJSC, the press service of the plant marketing department reported.

"Pechersky District Court of Kyiv has removed the arrest from the integral property complex of Mykolaiv Shipyard Ocean PJSC, the court adopted the corresponding decision on July 24, 2020, having considered the petition of the owner of PJSC Vasyl Kapatsyna," the statement says.

According to the press service, quoting the words of Kapatsyna, the court's decision said that the prosecutor's office did not provide evidence of the need for arrest.

"The assertion about the need for arrest, which some prosecutors insisted on, is based on assumptions," said the owner of the PJSC.

According to him, "the unlawful arrest led to the loss of foreign contracts, which guaranteed the arrival of more than UAH 218 million of foreign investment in Ukraine."

In addition, the owner of the plant said that "during the arrest, we lost specialists, Mykolaiv shipbuilders, who again went to work at foreign shipyards. We also lost the general director, who had to manage the plant in the most difficult times, and to whom I am grateful for the shown firmness. We lost more than half a year of time! During this time we could build new ships, give jobs and a decent salary to hundreds of shipbuilders, pay tens of millions of hryvnias in taxes. And the most important thing for us today is that a crushing blow has been dealt to the reputation of "Ocean". The thoughtless illegal arrest did not just hit the plant. It hit Ukraine."

As reported, on January 13 this year the Pechersk District Court of Kyiv seized the entire integral property complex of Mykolaiv Shipyard Ocean PJSC in criminal proceedings on the fact of bringing PJSC to bankruptcy and illegal seizure of its property. Attempts by the current investor of "Ocean", the former head of Mykolaiv sea trade port Vasyl Kapatsyna, to achieve the arrest cancellation have so far been unsuccessful, in particular, the Kyiv Court of Appeal on February 24 upheld the arrest.

Mykolaiv Shipyard Ocean PJSC (until April 2011 - "Vadan Yards Ocean", until December 2008 - Damen Shipyards Okean, until February 2001 - "Shipyard Ocean") specialized in the production and repair of container ships, tankers, tugs, barges with a displacement of up to 350,000 tonnes.

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