Vard wins deals worth 600m kroner to build ferries in Norway
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Singapore
VARD Holdings, which operates shipbuilding facilities, said on Tuesday that it has secured contracts for the construction of two LNG-powered car and passenger ferries for Torghatten Nord in Norway. The total contract value amounts to about 600 million Norwegian kroner (S$100.5 million).
The new car and passenger ferries are designed for "environmentally friendly" operations in the Norwegian fjords, with a total capacity that is able to accommodate up to 180 cars and 550 passengers and crew.
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