Aker and Color Line Sign LOI for Ferries

November 2, 2005

Aker Yards and Color Line have signed a Letter of Intent to build two Passenger Day Ferries during 2007-2008. The contract value is EUR approximately 232 million. The working title "Color Line Superspeed" indicates that the ferry is designed for a high service speed. The ca. 211 m long and 26 m wide vessels would each have 2,000 lane metres of vehicle space and take 1,800 passengers. "A Letter of Intent for two vessels on top of the previous two orders from Color Line we regard as a proof of the excellent cooperation between our two companies". says Yrjö Julin, President of Aker Finnyards and responsible for Cruise & Ferries in Aker Yards. "MS Color Fantasy, the world's largest cruise ship with car deck that was delivered from our yard in December 2004 has been praised, and the production of her sistership Color Magic started at our yard in Rauma yesterday" It has also been specified a design agreement for a potential new cruise vessel with a planned delivery spring 2009.

Aker and Color Line Sign LOI for Ferries

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