Aker signs retrofit contract

Aker Yards and the German TT-Line have signed a contract for retrofitting of four passenger-car ferries. The retrofit means renewing the vessels fuel systems to be more flexible and conforming to today?s demands. The project value is $9.1 million. The project will be executed at the Helsinki yard during January-March 2006.

The project will be managed by Aker Finnyards Lifecycle services, which offers comprehensive and cost efficient services to cruise and passenger ship operators. Established in 2003, the Lifecycle Services is a natural continuation of the yards long-term commitment to its customers. The target market is the whole Cruise and Ferry Operators Fleet.

Two of the four vessels to be retrofitted, Robin Hood and Nils Dacke, have been built by Aker Finnyards ten years ago. The vessels will be more cost effective in the future, as their fuel system will be modernised to take advantage of both low sulphur HFO and MDO.