Color goes for second cruise ship

Color Line AS and Aker Yards have signed a letter of intent (LOI) for the order of a second ship, a sister vessel to ?Color Fantasy?, the world’s largest cruise ship with car decks delivered from Aker Finnyards in December 2004. The contract is valued at approximately $400 million and the agreement is subject to certain conditions, including Color Line and Aker Yards board approval by July 2005.

The new ship is scheduled for delivery in the last quarter of 2007.