Norway’s Boreal AS Orders 20 Candela Electric Foiling Ferries

Why It Matters

The deal accelerates zero‑emission maritime transport, cutting operating costs and emissions on routes previously reliant on diesel. It signals a scalable model for high‑speed electric ferries worldwide.

Key Takeaways

• Boreal orders 20 Candela P‑12 foiling ferries, world’s largest order
• Each vessel costs ~US$3.1 million, delivering in 2027‑2030
• Hydrofoil tech cuts energy use up to 80% versus diesel boats
• 25‑knot speed and 40‑nm range enable electric service on longer routes
• One‑hour DC fast‑charge eliminates need for megawatt‑scale chargers

Pulse Analysis

Norway has long been a showcase for electric mobility, from battery‑powered cars to short‑haul ferries that glide across fjords without emissions. Yet the sector’s high‑speed, long‑distance routes have remained dominated by diesel vessels because of limited battery capacity and costly charging infrastructure. Boreal’s purchase of 20 Candela P‑12 foiling ferries marks a turning point, creating the largest single order of electric high‑speed craft to date. By committing roughly US$62 million to the fleet, the operator is betting that advanced hydrofoil technology can finally bridge the gap between speed and sustainability.

The P‑12’s defining feature is its computer‑controlled hydrofoil system, which lifts the hull above the water once the craft exceeds 18 knots. This “flying” mode slashes hydrodynamic drag, delivering up to an 80 percent reduction in energy use compared with conventional ferries of similar size. Coupled with a 40‑nautical‑mile range and the ability to recharge in under an hour using standard DC fast chargers, the vessels avoid the megawatt‑scale charging stations that have hampered larger electric ships. Passengers also benefit from a cabin noise level of just 64 dB, making the ride quieter than many trains.

From a commercial perspective, the order demonstrates that high‑speed electric ferries can be economically viable, offering lower fuel costs and reduced maintenance while meeting passenger expectations for speed and comfort. The technology’s scalability could inspire other coastal operators across Europe and North America to replace diesel fleets, especially on routes where frequent service and short turnaround times are critical. As battery chemistry improves and fast‑charging networks expand, the P‑12 platform may serve as a blueprint for the next generation of zero‑emission maritime transport, accelerating the industry’s overall decarbonisation trajectory.