Vard wins deals worth 600m kroner to build ferries in Norway
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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