Port Security Conference

June 11, 2003

Orders for Aker German yards
Aker MTW Werft (AMTW), Wismar, Germany, has announced three orders to build container vessels of the BALTIC CS 2500 type, which is a joint development with Kvaerner Warnow Werft (KWW--in future Aker Warnow Werft) in Rostock-Warnemunde (Germany). The three vessels were ordered by Reederei Hartmann in Leer (Lower Saxony) which is a new customer of the yards.

The total contract value is about $115 million. The vessels will be built in Wismar and Rostock-Warnemünde for delivery in the third and fourth quarters 2004. The contracts are subject to the settlement of financial issues by mid July 2003.

The BALTIC CS 2500 vessels are 207.4 m long and 29.8 m wide, with a deadweight of 33,900 t. They have a total container stowage capacity of 2,478 TEU with 400 reefer sockets for FEU. With a main engine output of about 21,500 kW the vessels have a service speed of 22 knots.

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