Aker Yards to Build Two More PSVs

Nordcapital Holding in Hamburg, Germany and Aker Yards announced an agreement to build another two Platform Supply Vessels (PSV's) of the type UT 755 LN. The two vessels are scheduled for delivery in December 2008 and March 2009, and will be built at Aker Yards, Aukra in Norway. The value of the contract is approximately $45.7m. Including the new orders Nordcapital will receive eight sister vessels altogether from Aker Yards between October 2007 and March 2009. All ships are fitted with advanced DP1 and FiFi1 systems.