Aker Yards has signed an option agreement with the Estonian Tallink Group to build a sister vessel to the new cruise ferry, currently under construction at Aker Finnyards in Rauma. If the parties are able to resolve all outstanding issues, the planned delivery is May 2007.
----- END -----
For further information, please contact:
Yrjö Julin, President, +358 40 751 7940
Sinikka Railo, Communications Manager, +358 40 5120253
Aker Yards ASA
Tore Langballe, SVP Communications and Investor Relations, +47 24 13 01 30
Aker Yards is an international shipbuilding group focusing on sophisticated vessels and is one of the world's five largest shipbuilders. The group has a strong position both in terms of innovation, product range, technology, experience and capacity. The product range includes cruise vessels and ferries, merchant vessels, offshore and specialized vessels. Aker Yards, with a turnover of NOK 12.5 bn. in 2004, comprises 13 yards in Norway, Finland, Germany, Romania and Brazil and has approximately 13,000 employees. www.akeryards.com
Aker Finnyards comprises Finland's three largest shipyards: The yards situated in Helsinki, Rauma and Turku - the Finnish yards within the Aker Yards Group. Aker Finnyards is amongst world leading designers and builders of cruise vessels and ferries as well as other technically complex vessels. During the last ten years, over 25% of the world's cruise ships have come from the company's shipyards, the major customers within this vessel segment being the globally leading cruise operators. Aker Finnyards is also the leading ferry builder in the world. www.akerfinnyards.com.