Private Norwegian owner Ostensjo Rederi's Edda Accommodation has cancelled a monohull accommodation ship being built at Hyundai Heavy Industries (HHI) due to major delays.

Edda CEO Johan Rokstad confirmed the move to the Haugalandnytt website: “They did not deliver on time and passed all cancellation dates. Thus we had the option to cancel.”

The ship, worth more than $200m, was due in June 2015.

Rokstad