French startup Zéphyr & Borée has seen an order for 5 revolutionary containerships in South Korea cancelled.
The $311m deal signed in Might 2023 by Zéphyr & Borée and HD Hyundai Mipo Dockyard in the end didn’t end in a agency order.
The yard mentioned in a inventory trade submitting that the order had been terminated on the shipowner’s request.
The 1,300 teu newbuilds have been designed to characteristic inflexible sails and twin diesel-methanol propulsion, providing an 80% decrease carbon footprint on two transatlantic transport strains, for which Zéphyr & Borée secured commitments by a gaggle of shippers in 2022.
The corporate mentioned the order had been referred to as off resulting from financing points. The 160-m-long ships, which have been set for supply from late 2025 by way of mid-2026, got here with a price ticket of $62.2m every, or at the least twice the price of an ordinary boxship of that dimension on the time.
