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AKER YARDS AND BRITTANY FERRIES SIGNED LOI FOR NEW TYPE OF FERRY
23.12.2005

Aker Yards and the French company Brittany Ferries have signed a Letter of Intent for the building of a roro-passenger ferry worth approximately 105-110 million euro for delivery in October 2008
at the latest.

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 option agreement signed for a similar vessel on the 2nd of August 2005 has been transferred to this LOI for a different type of vessel.
 
The Letter of Intent signed now would give some 700 man years of work for the yard.
 
The ferry is designed to carry passengers, private 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 would have space for 1,500 passengers and 1.1 kilometres of vehicle deck space.
The new type of ferry has been developed in a close co-operation between the Owner and the yard.
 
"This has been a record year for Aker Yards in Finland: we have published contracts for 12 newbuildings and 7 conversions, worth 1.8 billion euro and meaning 11,800 man years of work for the yard", says Yrjö Julin, President responsible for Aker Yards Cruise & Ferries business area.
 
"The orderbook of Aker Yards' Finnish yards amounting to EUR 3.3. billion consists of 16 newbuildings, including three of the world's largest cruise vessels.
To-day, on the threshold of Christmas, we are especially pleased to announce one more Letter of Intent together with Brittany Ferries!"
 
A picture of the new vessel is attached.
 
 
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 a turnover in the range of euro 1.5-2 bn per year, 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.
 
Brittany Ferries has traffic between France, UK, Ireland and Spain.
www.brittany-ferries.co.uk
 

 
   
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