Aker Yards, Viking Line Confirm LOI

Wednesday, November 30, 2005

The Letter of Intent between Aker Yards and Viking Line has been confirmed as an order. The LOI, which is for a fast passenger/car ferry, was signed on November 21 by Aker Yards and Viking Line and is worth approximately $140-150 million. The contract includes options for two similar vessels. The vessel intended for the Helsinki-Tallinn route will be 607 ft. (185 m) long and 98 ft. (27.7) m wide, taking 2500 passengers. The vessel will reach a speed of 25 knots driven by 40 MW engines.

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