Charter market: Public prosecutor's office investigates Thinius Yachtcharter

The financial turmoil surrounding the German charter company Thinius is now also keeping the public prosecutor's office and courts busy. The press spokesman for the Neuss district court explained that there have been several foreclosures against Kühn and his company. The company's business premises were put up for foreclosure. The same had already been ordered a few months ago for some ships at the Dutch base, which has since been closed. In the course of the proceedings, Andreas Kühn had to submit an affidavit of assets, formerly known colloquially as an oath of disclosure.

At the request of YACHT, the Düsseldorf public prosecutor's office also confirmed that a whole series of criminal charges had been filed against Managing Director Andreas Kühn. Investigations are now underway on suspicion of fraud and delay in filing for insolvency. Thinius still owes a number of customers and owners considerable sums of money. Andreas Kühn had sold charter weeks, but was no longer able to provide the ships in many cases from around mid-2016 (YACHT reported on this several times). Many customers are still waiting for their payments to be refunded. In addition, there are accusations from owners who stated that Kühn had sold ships, some of which did not belong to him or were intended to serve as collateral for funds granted.

The German website of Thinius Yachtcharter is no longer active, but there is a link to the Spanish branch of Thinius on Mallorca.