Norway is set to write-off the damaged Fridtjof Nansen-class frigate KNM Helge Ingstad after a report found that repairing the salvaged ship would cost more than buying a new-build replacement.
Released on 15 May, the analysis prepared by the Norwegian Defence Materiel Agency (Forsvarsmateriell) estimated that repairs would cost NOK12-14 billion (USD1.4-1.6 billion) and take more than five years. The cost of purchasing a new similar vessel is estimated at NOK11-13 billion, with a similar time to completion.
Commissioned into the Royal Norwegian Navy in September 2009, Helge Ingstad was severely damaged on 8 November 2018 after colliding with the tanker Sola TS in waters just outside Ågåtnes oil terminal in Hjeltefjorden.
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