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You are here: Home    Media centre    Stock exchange news    2006
LETTER OF INTENT BETWEEN AKER YARDS AND VIKING LINE CONFIRMED
30.11.2005

The LOI for a fast passenger/car ferry signed on 21 November by Aker Yards and Viking Line Abp was today confirmed as a firm contract worth approximately 120-130 million euro.
The contract includes options for two similar vessels.

The vessel intended for the Helsinki-Tallinn route will be 185 m long and 27.7 m wide, taking 2,500 passengers. The vessel will reach a speed of 25 knots driven by 40 MW engines.
 
"Viking Line is an old acquaintance of Aker Yards. Previous deliveries for the company include nine vessels, the latest built being MS Cinderella. We are looking forward to excellent cooperation between our two companies also in this new challenging project", says Yrjö Julin, President of Aker Finnyards and responsible for Cruise & Ferries in Aker Yards.
 
 
 
An artist's impression of the vessel can be found at www.akerfinnyards.com / Newsroom / Imagebank / Ferries
 
 
 
For further information please contact:
 
Aker Finnyards
Yrjö Julin, President, +358 40 7517940
Sinikka Railo, Communications Manager, +358 40 5120253
 
Aker Yards ASA
Tore Langballe, SVP Communications and Investor Relations, +47 24 13 01 30
 
 
Aker Yards ASA is an international shipbuilding group focusing on sophisticated vessels. Being one of the largest shipbuilders in the world, Aker Yards has a turnover in the range of euro 1.5-2 bn per year.  The group comprises of 13 yards in five countries and has approximately 13,000 employees.
Three of the yards are in Finland, situated in Turku, Rauma and Helsinki, employing ca. 4,000 people.
 
Viking Line is a Finnish listed company offering transport, shopping and recreation services. It owns seven vessels, the transport volume being some 5 million passengers. Turnover is ca. 380 million euro.
Viking Line has personnel of about 2,800.
 

 
   
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