Belgium's CLdN Cobelfret has scrapped a deal for its remaining ro-ro newbuilding at Croatia’s struggling Uljanik Group.
It tore up a contract for the first 5,500-lane metre vessel in January.
Bankruptcy proceedings were started against the yard last month.
Uljanik said: “Due to the bankruptcy of Uljanik and subsequent inability to deliver the vessel in accordance with stipulations of the shipbuilding contract made and entered by and between Uljanik and CLdN, … the buyer … unilaterally rescinded shipbuilding contract."
