Viking Line - Company Announcement

Viking Line: Letter of intent concerning an order for a passenger vessel

Mariehamn, 2016-11-23 08:15 CET (GLOBE NEWSWIRE) -- 

Viking Line Abp             STOCK EXCHANGE RELEASE              23.11.2016,
9.15 AM 

Letter of intent concerning an order for a passenger vessel.

Today, November 23, 2016, Viking Line Abp signed a letter of intent with the
Chinese company Xiamen Shipbuilding Industry Co. Ltd. concerning an order for a
passenger vessel to be delivered in the spring of 2020. The aim is to sign a
final agreement during the spring of 2017. The total investment is about 190
million euros. The letter of intent also includes an option for an additional
vessel. 

The vessel is intended to be a collaborative project, and the plan is to engage
a number of Finnish and other European suppliers, including Deltamarin as well
as a number of others. The new vessel is planned to serve the Turku
(Finland)-Åland Islands (Finland)-Stockholm (Sweden) route. The vessel will be
218 metres in length and have a gross registered tonnage of 63,000 tonnes.
Passenger capacity will be 2,800 people, and the length of its cargo lanes will
be 1,500 metres. Viking Line will hire Scandinavian architects for the interior
design. 

Viking Line Abp


Jan Hanses
President and CEO





         CEO Jan Hanses, jan.hanses@vikingline.com, +358-(0)18-27000