April 6, 2018 / 10:13 AM / 20 days ago

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

OSLO, April 6 (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. ($1 = 7.8211 Norwegian crowns) (Reporting by Terje Solsvik, editing by Camilla Knudsen)

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