Danish ferry operator Mols-Linien has won a compensation battle against insurer Tryg Forsikring.
It will pocket DKK 19.2m ($3.3m) plus costs after a court ruled in its favour over a 2010 claim.
Mols said that on 16 July of that year, its 5,600-gt fast ferry Max Mols (built 1998) was involved in an accident.
Tryg had rejected a claim for cover.
The ferry owner had included the amount in both its 2010 and 2011 annual reports as a contingent asset.