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AKER YARDS TO BUILD A SECOND CRUISE SHIP FOR COLOR LINE
27.5.2005

Aker Yards and Color Line have signed a contract to build a sister vessel to MS Color Fantasy, the worlds largest cruise ship with car deck, that was delivered in December 2004. The agreement includes a buyers option to purchase a third vessel. The new vessel will be named MS Color Magic, and will traffic the route Oslo - Kiel as from the fourth quarter 2007. The contract value is EUR 325 million.

MS Color Magic will be Color Lines second cruise ship with a car deck, and will have a wide variety of entertainment and conference areas. The number of cabins will be higher than on Color Fantasy.
The vessel will be 223.7 meters long and 35 meters wide.
 
MS Color Magic will be built partly at the yard in Turku, and partly at the yard in Rauma. Delivery will take place in Rauma in the fourth quarer of 2007.
 
"We are very pleased that Color Line places the order of a sister vessel of MS Color Fantasy with Aker Yards. We regard this as a proof of the excellent cooperation and strong relationship between our two companies. Synergies realized in the merger of our three Finnish shipyards were a significant prerequisite for this contract." says Karl Erik Kjelstad - President & CEO of Aker Yards ASA.
 
Aker Yards ASA
Tore Langballe, SVP Corp. Communications and IR,         +47 24 13 01 30
 
Aker Finnyards
Yrjö Julin, President,                                                      +358 40 751 7940
Sinikka Railo, Communications Manager,                        +358 40 5120253
 
Color Line AS
Helge Otto Mathisen, Information Director                         +47 99 22 33 30
 
 
Fast facts:
Vessel Type:
Contract value:
Yard:
Delivery time:
Length and beam:
Max Speed:
Engine and performance:
MS Color Magic contains:              
Car capacity:
Trailer capacity:
Cruise Ship with car decks
Approx EUR 325 million
Aker Finnyards
4th quarter 07
223.7 m long and 35 m wide, 75,027 t (GRT)
22.1                
Main engines 4 x 4 x 7 800  kW
15 decks, 1021 cabins, of which 46 suits
750
1270 lanemeters
 
 
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
 
Color Line AS is Norway's largest and one of Europe's leading cruise ferry companies with a workforce of more than 3,500 employees in four countries. Annual turnover is approx. NOK 4.5 billion. The company runs a fleet of ten ships and operates seven international ferry services between ten ports in Norway, Germany, Denmark and Sweden. Color Line is engaged in the transport of passengers and goods, hotel operation, restaurants, retail outlets, entertainment and package tour production. More than 4.2 million guests travel by Color Line annually. In addition, the ships carry more than 820,000 passenger cars and 160,000 trailers. Color Hotel Skagen AS in Denmark is operated as an integral part of the ferry business in Color Line. www.colorline.com
 

 
   
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