Flender Werft Awarded Superfast Ferries Contract

March 10, 2000

Flender Werft Aktiengesellschaft has signed a contract with the Greek shipowner Superfast Ferries Maritime S.A., which is a subsidiary of Attica Enterprises S.A. This $192.4 million contract calls for the construction of two technologically driven Superfast car/passenger ferries. The agreement also allows Superfast to exercise the option for the building of two more ships to be delivered at a later date. Known as the yard's hull numbers 682 and 683, the two ferries will be named Superfast XI and Superfast XII, are scheduled for delivery in January 2002 and May 2002, respectively. Measuring 656 ft. (200 m) with a breadth of 82 ft. (25 m) and a draught of 21 ft. (6.4 m), the vessels' four main engines will attain a service speed of more than 28.5 knots. Deadweight will be 6,000 tdw and trailer capacity about 2,000 lane meters.

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