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AFG: Building the world's first ship tunnel

AFGRegulatory press release26.06.2026, 17.20
The Norwegian Coastal Administration has awarded AF Gruppen the contract for the
engineering and construction of the Stad Ship Tunnel. The contract is a turnkey
contract with an estimated value of NOK 5,600 million, excluding VAT.

The project comprises a fully equipped tunnel for maritime traffic with all
necessary installations. The tunnel will be 1,700 metres long, and the cross
section will be approximately 20 times larger than that of a road tunnel. The
ship tunnel will enable vessels up to the size of Kystruten and Hurtigruten to
pass Stadlandet in Vestland county safely. AF Gruppen, together with its
consultant Norconsult, has developed the project in collaboration with the
Norwegian Coastal Administration during the tender phase.

Construction works will commence in early 2027, with an estimated construction
period of approximately five years.

"It is rare for us, as a design and build contractor, to have the opportunity to
take on such a unique infrastructure project, attracting significant local,
national and international interest. We appreciate the trust placed in us by the
Norwegian Coastal Administration and look forward to a strong collaboration in
delivering this project," says Amund Tøftum, CEO of AF Gruppen.

For further information:
Geir Flåta, EVP Construction (Civil Engineering), tel. +47 994 01 510
Amund Tøftum, CEO, tel. +47 920 26 712

Amund Tøftum\, CEO\, tel. +47 920 26 712\