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Aker Yards to Build Container Vessels for König & Cie

Maritime Activity Reports, Inc.

February 25, 2005

Aker Ostsee in Germany, a part of Aker Yards, has been awarded contracts to build four container vessels of the type Aker CS 2700 for König & Cie. GmbH & Co. KG in Hamburg (Germany). The total contract value is approximately EUR 160 million. The vessels are due for delivery between the first and third quarter of 2007. The vessels of the type Aker CS 2700 are 221.6 m long and 29.8 m wide, with a deadweight of 37.570 t. They have a total container stowage capacity of 2,741 TEU with 400 reefer sockets for FEU. With a main engine (2-stroke) output of 20,580 kW, these vessels have a service speed of 22 kn. The order reserve of the combined Aker Ostsee shipyards in Wismar and Rostock-Warnenmünde with a total of appr. 2,250 employees and appr. 120 apprentices (1st February 2005) comprises 25 container vessels with 2,500 and 2,700 TEU respectively with last delivery in the third quarter of 2007.

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