Vard Bags Norwegian Coast Guard Maintenance Deal

Posted by Eric Haun March 6, 2017

Vard Langsten has delivered newbuildings and conversions for the Norwegian Defense Logistics Organization for many years. The first vessel was delivered in 1993, and the latest in 2015. (Archive photo: Norwegian Armed Forces)

Vard Holdings Limited said it has secured a framework agreement for the maintenance of five Coast Guard vessels for the Norwegian Defense Logistics Organization.

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

The total contract value is approximately NOK 48 million (approximately $5.7 million) over a period of four years, with options for three more years.