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Turmoil in Rotterdam

Six executives at Rotterdam Short Sea Terminals BV have been sacked amidst allegations of fraud
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Six executives at RST, including two of the three members of the top management team, have been sacked with immediate effect, on suspicion of fraud. The two are the Director of Operations, who has been with the company for almost 25 years, and the Operations Manager. Only the CEO, Bas Verhoef, who is also Managing Director of the nearby Uniport container terminal, remains at the helm.

RST and Uniport are part of the C Steinweg Handelsveem group, and no comments are being made on the current situation or possible court proceedings.

The sackings were made stante pede in April on suspicion of fraud aggregating €3.2M via invoices for nonexistent services. The scandal was disclosed by Dutch daily newspaper Algemeen Dagblad, which also reported that three of the six are fighting their summary sacking.

A Rotterdam court has rejected their appeal to be reinstated, although RST will have to continue paying their salaries pending the wider legal proceedings.

RST is estimated to handle a minimum of 1M TEU/year of intra-European container traffic. Customers include Samskip, BG Freight, Eucon, MacAndrews, Containerships, Unifeeder and Seatrade.

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