Norwegian shipbuilder Havyard Ship Technology has quashed an offshore support vessel order after the would-be European owner failed to make an agreed pre-delivery installment following an earlier delivery delay.
The order was for a Havyard 833 WE-type platform supply vessel, a hybrid battery-powered design that was ordered by Iceland’s Fafnir Offshore for Nkr350 million ($40.48 million today).
Havyard had said in December 2015 that it had agreed a delivery delay with the owner from March 2016 to June this year.
The
