Vard secures contract to maintain 5 Norwegian Coast Guard vessels

SINGAPORE (March 6): Vard Holdings announced Monday that it has secured a framework agreement for the maintenance of five Norwegian Defence Logistics Organisation Coast Guard vessels.

The contract is worth 48 million Norwegian kroner ($8 million) over four years, with options for an extension of three more years.

The framework agreement is assigned to Vard Langsten in Norway, and includes the ship maintenance and corrective maintenance of the Norwegian Coast Guard’s Nornen series of vessels.

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