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STX FINLAND AND VIKING LINE SIGN AGREEMENT FOR A CRUISE FERRY
22.12.2010


STX Finland Oy and Viking Line ABP have signed an agreement for the construction of an environmentally friendly, new generation cruise ferry for Viking Line. The agreement includes an option for a sister ship. The contract price is about 240 million euros. The ship will be built at Turku shipyard and will be delivered to Viking Line at the beginning of 2013. The  signed agreement represents approximately 2600 man-years employment.

The new cruise ferry will be the most environmentally friendly big passenger vessel to date. The vessel uses LNG as  fuel and it has no marine emissions and its aerial emissions are extremely low. The vessel has been specially designed to operate in the delicate and shallow waters of the Finnish and Swedish archipelago. The wave forming and noise generation have been minimised.

The cruise ferry is about 214 metres in length with a gross tonnage of 57 000. The ship is planned to have capacity for 2800 passengers and will be operated by a 200-member crew. The vessel, which is full of innovative and new solutions, has 880 passenger cabins. It has 1275 lane-metres for trucks and a separate car deck with approximately 500 lane-metres for passenger cars. Additional room for passenger cars can be found on the hoistable car decks.

The President of STX Finland Oy, Juha Heikinheimo says, "The signed agreement is an indication of the competence that the Finnish shipbuilding cluster has as a builder of innovative and highly environmentally friendly ships. I am delighted that we get the opportunity to build at  Turku Shipyard a cruise ferry for our domestic shipping company Viking Line to operate between Turku and Stockholm"." The design of the new ship will start immediately at Turku shipyard, and the actual building of the ship starts during fall 2011," continues Heikinheimo.

 

For additional information, please contact:

Juha Heikinheimo, President, STX Finland Oy, tel. +358 10 670 2201

 

Picture available on the Internet at: www.stxeurope.com - Media Centre - Download Centre - User ID: stxeurope, Password: group

 

STX Finland Oy has three shipyards in Finland, located in Turku, Rauma and Helsinki(50%). The company belongs to the international STX Europe Group, which aims to be the leading builder of cruise vessels, ferries, offshore and other specialized vessels.  The group has a strong position in terms of developing state-of-the-art concepts, technology, processes and products for customers around the world. STX Europe has approximately 16,000 employees. www.stxeurope.com

STX Europe's principal shareholder, the international industrial group STX, has approximately 54 000 employees and aims to be a global top player in its core areas; shipping and trade, shipbuilding and machineries, plant and construction, and energy.  

This information is subject of the disclosure requirements acc. to ยง5-12 vphl (Norwegian Securities Trading Act)

 
   
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