Expanding shipowner Fjord1 has placed an order for five ferries at Norway’s Havyard.

The newbuildings will cost more than NOK 1bn ($117.3m) and will be energy-efficient and environment-friendly.

Johan Bakke, chief executive of Havyard, said: “With these ferries we put to use the opportunities that are within digitalisation and provide both Fjord1 and ourselves with a solid foothold on the future and on the fourth industrial revolution.