More progress on yard sales

Kvaerner has agreed the sale of the Norwegian Fjellstrand shipyards, to an MBO and other local investors for NKr100 million ($12 million) but is still looking for a buyer for the Singaporean yard. Fjellstrand?s two Norwegian yards employ 250 staff, build small car/passenger catamaran ferries, and have revenues of NKr400 ...

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