April 6, 2018 / 10:16 AM / in 18 days

Norway aims to order 3 coast guard vessels from Fincantieri's Vard

OSLO (Reuters) - Norway plans to order three vessels for its coast guard from the Vard Langstein shipyard, the Ministry of Defence said in a statement on Friday.

The 6.8 billion Norwegian crowns ($869.44 million) contract is dependent on approval by parliament and on final negotiations with the supplier, the ministry added.

The yard is part of the Vard group, majority owned by Italy’s Fincantieri.

Reporting by Terje Solsvik, editing by Camilla Knudsen

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