STX Finland to convert Color Line’s SuperSpeed I

On Friday 18 June 2010 a contract for the conversion of Color Line's SuperSpeed I was signed between STX Finland Oy and Color Line. The contract also includes an option for the sister vessel SuperSpeed II. The conversion, which contains some new structures to the vessel, will be done at STX Finland's shipyard in Helsinki. The works on board the vessel will start end 2010 and the value of the contract for the first vessel is approximately 12 million euros. 

The two SuperSpeed vessels were built and delivered from the STX Finland shipyard in Rauma in 2008. Since delivery the vessels have successfully operated between Norway and Denmark. The conversion will attend to the need for more passenger capacity and a greater offering of food services onboard. The conversion project is a result of 2 years of concept development, investigations and negotiations which have been conducted in close collaboration between Color Line and STX Finland's business unit which is specialized in retrofits, refurbishment and conversions - STX Finland Lifecycle Services.

The conversion project includes i.a. the construction of a two deck high Pizza Restaurant including air conditioning capacity and a small galley on deck 7 as well as two new lifeboats with davits and 24 new crew cabins on deck 10. A major part of the new structures will be built in aluminium in order to save weight.

We are extremely pleased having been awarded this prestigious contract and to able to continue our long lasting collaboration with Color Line also in the field of conversions - concludes Martin Landtman, president of STX Finland.

For further information, please contact:

Joakim Hildén, STX Finland Oy, Lifecycle Services, Vice President Sales & Marketing,

tel. +358 40 5093813

STX Finland Oy has three shipyards in Finland, located in Turku, Rauma and Helsinki. The company belongs to STX Europe Group.

STX Europe is an international shipbuilding group which aims to be the leading builder of cruise and offshore 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 comprises 15 shipyards located in Finland, France, Norway, Romania, Brazil and Vietnam.  STX Europe has approx. 16 000 employees. Formerly known as Aker Yards, the group changed its name to STX Europe in November 2008.

STX Europe's principal shareholder, the international industrial group STX, has approximately 40 000 employees and aims to be a global top player in its core areas; shipping and trade, shipbuilding and machineries, plant and construction, and energy. 

Color Line AS is Norway's largest and one of Europe's leading cruise and transport shipping companies, with approximately 2,600 persons.  Annual sales are about 4.7 billion. After a strategic reorganization in 2008, the company currently operating a fleet of six ships and operates four international ferry lines between seven cities in Norway, Germany, Denmark and Sweden. Color Line has in the period 2004 - 2008 invested 7.5 billion NOK in new ships and concepts. The company's vision is to become Europe's best in cruise and transport.

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