Focus Taiwan
Date: 2017/11/26
By: Wang Hung-kuo and Evelyn Kao
Taipei, Nov. 26 (CNA) The Coast Guard Administration (CGA) has terminated a contract
Hsieh Ching-chin (謝慶欽), the deputy head of the CGA’s Maritime Patrol Directorate General
with Ching Fu Shipbuilding Co. (CFS) after the company failed to meet a Nov. 26 deadline for delivery of the 14th of 28 patrol boats it had been contracted to build, the agency said Sunday.
The end of the patrol boat deal is just the latest blow to the financially troubled company, which is currently under investigation for alleged fraud in securing a NT$20.5 billion syndicated loan to finance a separate NT$35.85 billion (US$1.20 billion) contract to build six minesweepers.
Ching Fu won a CGA tender to build 28 100-ton patrol boats on May 30, 2013 and has completed and delivered 13 boats so far. But it has been unable to deliver the 14th boat.
It was originally scheduled to be delivered on April 30, but the company asked for an extension to Aug. 28 due to account for work days lost to wind disasters and typhoons and to new five-day workweek rules that reduced available manpower.
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