The Australian Foreign Editor Greg Sheridan condemns Australia’s $27 billion plan for three new frigates, warning the vessels are becoming excessively expensive, heavy and potentially ineffective. “This is a ridiculous project, $27 billion for three frigates; these are the most expensive frigates in the history of the world,” Mr Sheridan told News24 host James Macpherson. “They are now ridiculous ships. “We’re going to get a slow, fat frigate.”