The German Navy will receive the first of four new ships ordered from ThyssenKrupp later than expected, the defense ministry and the company said on Monday, confirming a newspaper report.Daily newspaper Kieler Nachrichten had reported that the first of the Class 125 frigates costing US$885 million each would be delivered in 2017 rather than in 2016 as previously planned.
It cited unspecified sources as saying a flame-retardant coating had peeled off the ship's hull, requiring some segments that had already been welded to be re-opened and causing additional costs of up to 100 million euros ($1 = 0.7345 euros).
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