Kvaerner's Warnow Yard Lands $70.1 Million Contract

Anglo-Norwegian engineering group Kvaerner ASA said on Friday that its German shipyard Warnow had won a contract worth 640 million crowns ($70.1 million) to build two container ships for Oskar Wehr.

Kvaerner said in a statement that Oskar Wehr, based in Hamburg, had also ordered two similar ships from the yard in August.

The two extra vessels, of the Warnov CV 2500 design, would be delivered in the first and second quarters of 2002.