Tallink and Meyer Turku signed a Letter of Intent for a New Generation LNG powered Fast Ferry

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AS Tallink Grupp and Meyer Turku Oy signed a Letter of Intent for the construction of an environmentally friendly car-passenger ferry for Tallinn-Helsinki route shuttle operations. The ship will cost around 230 million euros and will be built at Turku shipyard for delivery in the beginning of 2017. The project will provide approximately 2000 man-years employment for the shipyard.

The new ferry will be about 212 metres in length with a gross tonnage of 49 000. The ship will operate on the route between Helsinki and Tallinn and she is planned to carry 2800 passengers.

The ship will bring significant improvement in energy efficiency which is achieved by applying numerous innovations and new technical solutions. Green values, reduction of all emissions, minimizing the amount of waste and increasing recycling utilization, have been very carefully taken into account in the design of the ferry. The ship uses LNG as fuel and she complies with the new and stricter emission regulations for the ECA areas including the Baltic Sea.

Management Board Member of AS Tallink Grupp, Janek Stalmeister said that with the new ferry Tallink aims for an upgrade of the Tallinn-Helsinki route ferry service. “As the market leader and a long time operator on the route we have a good understanding of customer expectations and know what needs improvement. I am confident that the world-class experience of Meyer Turku will be once again a valuable asset for us to deliver a high quality new ferry, which will strengthen our competitive advantages.“, added he.

“A series of six ferries between years 2002-2009 has been delivered to Tallink and this ship will be the 7th newbuilding for the same shipowner. I´m very happy that Meyer Turku will continue the excellent and trusting cooperation with Tallink. This new ferry prototype gives us an excellent opportunity to apply improved design & building methods. For all these reasons this Letter of Intent signed today is very important to Meyer Turku and to the entire Finnish shipbuilding cluster.”, says Jan Meyer, CEO of Meyer Turku Oy.

Over the next few months Tallink Grupp and Meyer Turku will work on the final shipbuilding contract and financing.

Additional information and interview requests:

Luulea Lääne, Communication Director, AS Tallink Grupp, tel. +372 5521296, www.tallink.com

Tanja Sabell, Manager Communications, Meyer Turku Oy, tel. +358 414488740, www.meyerturku.fi

AS Tallink Grupp is the leading passenger and cargo transportation service provider in the Northern region of the Baltic Sea. The company owns altogether 18 vessels and operates under the brands of Tallink and SIlja Line on 6 different routes. AS Tallink Grupp employs 7000 people and has annually up to 9 million passengers worldwide.

Meyer Turku Oy is one of the leading European shipbuilding companies owned by Meyer Werft (70 %) and Finnish State through Teollisuussijoitus (30 %). The company’s shipyard in Turku employs 1,350 people and specializes in building cruise ships, car-passenger ferries and special vessels. The subsidiaries of Meyer Turku are Piikkio Works Oy, which is a Cabin Factory in Piikkiö, Shipbuilding Completion Oy, which provides turnkey solutions to public spaces in ships, and ENG´nD Oy, which is an engineering company offering services for shipbuilding and offshore.