Singaporean rig builder Sembcorp Marine is headed to courtroom to settle a dispute with Marco Polo Marine over the termination of a $214.3 million jack-up rig building contract signed in February 2014.

Marco Polo Marine, a Singapore-based logistics firm, terminated its contract for the rig with Sembcorp Marine’s subsidiary PPL Shipyard in November 2015 citing the shipyard’s “failure to comply with certain of its material contractual obligations” after cracks had been present in all three of the rig’s legs. In addition to terminating the contract, Marco Polo can also be in search of a refund from PPL of its preliminary fee of about $21.4 million.

Sembcorp Marine claims that Marco Polo is the one who has breached the contract by failing to pay a second fee of about $21.4 million due by December 2015. Sembcorp Marine desires Marco Polo to pay the second fee and another obligations below the unique contract.

Marco Polo positioned the order in February 2014 calling for one Pacific Class 400 jack-up rig to be constructed by PPL Shipyard for supply in This fall 2015.

Arbitration proceedings within the Singapore High Court by each events commenced Thursday.