Dutch shipbuilder Damen has experienced a significant setback as the German government has cancelled a substantial €18 billion contract for the construction of frigates. The order, initially awarded to Damen, faced delays and cost overruns, prompting the decision by Berlin. Germany will now seek alternative bids for the naval vessels. Damen has expressed disappointment with the cancellation, citing its commitment to the project and the extensive work already completed. The cancellation raises questions about the future of Damen’s naval shipbuilding division and its relationship with the German navy. This decision follows previous challenges for Damen, adding to the company’s recent difficulties. The German government stated the cancellation was necessary due to ongoing issues with the project’s feasibility and timeline.