It’s going to value extra to restore the ill-fated frigate KNM Helge Ingstad than to construct a brand new one, Norwegian protection officers have confirmed. Each the chief of Norway’s armed forces and the protection minister are actually resigned to scrapping the frigate after it collided with an oil tanker final November after which sank.
Makes an attempt to salvage the frigate have already value a whopping NOK 726 million (USD 84 million), forcing the federal government to spice up the protection finances mid-year by NOK 486.three million and give you not less than one other NOK 166 million from elsewhere inside the protection finances.
The underside line is that specialists who’ve been analyzing the wreckage of the Helge Ingstad estimate that it’ll value between NOK 12 billion-14 billion to restore the already rusting frigate. After a number of months of mendacity underwater not removed from the scene of the collision at Øygården, the frigate was raised and later refloated on the Haakonsvern naval base in Bergen.
Not solely will the frigate want large repairs to its hull, its technical gear would all have to get replaced. Constructing a brand new frigate from scratch will even be greater than twice as costly as Helge Ingstad was, however lower than restore prices, at an estimated NOK 11 billion-13 billion.
“I believe everybody realized that repairing the frigate would value quite a bit,” stated Protection Chief Haakon Bruun-Hanssen, himself an admiral within the Norwegian Navy, “however it stunned me that it’ll value greater than buying an identical new frigate.”
He stated at a press convention in Oslo Wednesday that given the numbers offered, “it appears clear to me that the one wise resolution shall be to interchange the capability we misplaced with the frigate with one thing new.”
It’s not sure that shall be a frigate, with some protection officers and commentators arguing that the cash can be higher spent on a brand new submarine or different forms of naval vessels specializing in surveillance.
“The loss of a frigate is severe for a coastal nation like Norway,” Protection Minister Frank Bakke-Jensen stated upon formally receiving the situation report on the frigate. He stated it’s most necessary to interchange the frigate’s operative capacity capability.
Inspectors and injury evaluation specialists have stated it’s attainable to restore Helge Ingstad, however they’ve deemed the vessel a complete wreck that can demand expensive work more likely to take 5 years. It’s going to additionally take an estimated 5 years to construct a brand new frigate, however for a billion or two much less kroner.
Scrapping the frigate will even value as a lot as NOK 100 milion even after deducting the gross sales worth of the vessel metallic and different materials that could possibly be recycled and used once more.