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May 27, 2005

Aker Yards to build another "cruise ship with a car deck"

Aker Yards and Color Line have signed a Euos 325 million contract to build a sister vessel to MS Color Fantasy--described as "the world's largest cruise ship with a car deck--delivered in December 2004.

The agreement includes a buyer's option to purchase a third vessel.

The new vessel will be named MS Color Magic, and serve on the Oslo--Kiel route from the fourth quarter 2007. The contract value is EUR 325 million.

MS Color Magic will be Color Lines second "cruise ship with a car deck," and will have a wide variety of entertainment and conference areas.

The number of cabins will be higher than on Color Fantasy.

The vessel will be 223.7 meters long and 35 meters wide and will be built partly at Aker's yard in Turku, Finland, and partly at the yard in Rauma.

Delivery will take place in Rauma in the fourth quarer of 2007.

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