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THE LOI BETWEEN AKER YARDS AND BRITTANY FERRIES CONFIRMED AS AN ORDER
19.1.2006

The Letter of Intent (LOI) for a roro-passenger ferry signed on 23 December 2005 by Aker Yards and the French company Brittany Ferries was today confirmed as a firm contract worth approximately 110 million euro. The vessel will be delivered from Aker Yards, Finland in October 2008.

The present orderbook of Aker Yards includes another order from Brittany Ferries, i.e. a trailer ropax worth EUR 80 million to be delivered in autumn 2007.

The new ferry is designed to carry passengers, cars and road cargo vehicles between France and the United Kingdom at a speed of 23 knots. The 167 m long and 26.8 m wide vessel, which has been developed in a close co-operation between the Owner and the yard, will have space for 1,500 passengers and 1.1 kilometres of vehicle deck space.
 
"The new type of ferry now ordered by Brittany Ferries strengthens our reputation further as a leading international supplier of modern, quality vessels, says Yrjö Julin, President responsible for Aker Yards Cruise & Ferries business area. "It also raises the orderbook of our Finnish yards to record numbers: the orderbook of Aker Yards in Finland amounts to EUR 3.4 billion, consisting of
17 newbuildings, some of which are the largest in the world".
 
The contract is subject to final confirmation of buyers financing.
 
 
A side view of the new vessel can be found at www.akerfinnyards.com  Newsroom /Imagebank /Ferries
 
For further information, please contact:
 
Aker Yards ASA
Tore Langballe, SVP Communications and IR, tel. +47 90 777 841
Aker Yards, Finland
Yrjö Julin, President, tel. +358 40 751 7940
Sinikka Railo, Communications Manager, tel. +358 40 512 0253
 
 
Aker Yards ASA is an international shipbuilding group focusing on sophisticated vessels. The group has a strong position both in terms of innovation, product range, technology, experience and capacity. The product range includes cruise vessels & ferries, merchant vessels, offshore & specialized vessels. Aker Yards, with an annual turnover of euro 2 bn, comprises 13 yards in Norway, Finland, Germany, Romania and Brazil and has approximately 13,000 employees.
In Finland Aker Yards has three yards:  in Turku, Helsinki and Rauma.
 
Aker Yards is part of the Aker Group (www.akerasa.com), a leading multi-industry powerhouse with more than 40,000 employees and EUR 7.5 billion revenues. Aker owns 55.6 per cent of Aker Yards, and the group is also a significant participant in the oil & gas business as well as the fisheries industry.
 
Brittany Ferries has traffic between France, UK, Ireland and Spain.
www.brittany-ferries.co.uk
 

 
   
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