Letter of intent for constructing a new generation LNG

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Letter of intent for constructing a new generation LNG vessel

Tallinn, 2014-12-11 13:30 CET (GLOBE NEWSWIRE) -- Letter of intent for constructing a new generation LNG vessel

AS Tallink Grupp and Meyer Turku Oy signed a Letter of Intent for the construction of an environmentally friendly car-passenger ferry for the 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 vessel 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.

 “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. 

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.

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

         Harri Hanschmidt          Head of the Finance Department                    AS Tallink Grupp          Sadama 5/7. 10111 Tallinn          Tel +372 640 8981          E-mail harri.hanschmidt@tallink.ee

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Cogent Communications' Q3 2026 Earnings Call Details

Updated Category News Views 7

Cue the Countdown: Cogent’s Earnings Call Looms Another quarter rolls by, and with it comes Cogent Communications' chance to strut—or stumble—before the crowd. Their third-quarter earnings call on November 5, 2026, is like the opening bell for a stock that's zipped through more ups and downs than a tired bullfighter's routine. What the call reveals on that crisp...

Continue Reading
Wagner Logistics Gears Up for Major Expansion in Liberty

Updated Category News Views 10

Imagine waking up to news like this: Wagner Logistics is laying down some serious roots in Liberty, MO. They’ve snagged a deal with a local manufacturer that’s got them renting out over 830,000 square feet of warehouse space. Seems Wagner's got a knack for living large. More Than Just a Warehouse Gig Wagner's not just popping up another dusty shelf space; they're...

Continue Reading
Vayo Debuts as Booking Holdings Eyes $100M Investment

Updated Category News Views 6

A travel revolution might just be on the horizon, courtesy of Booking Holdings' latest venture, Vayo. And they’re talking about throwing $100 million into it—subject to a few conditions, sure—but that’s not pocket change you toss around without a serious plan. Transforming Travel into a Seamless Experience Vayo’s got one job: making your travels less like a...

Continue Reading
A1 Refrigeration Keeps East Texas Homes Comfortable Year-Round

Updated Category News Views 15

Homeowners in East Texas would agree: the last thing you want is your HVAC system throwing a tantrum when you're in the thick of a scorching summer or a biting winter. That's where A1 Refrigeration & Air Conditioning steps in, making sure folks in Jasper, Brookeland, and Kirbyville aren't left sweating bullets or shivering in their boots. Preventive Maintenance: A...

Continue Reading
FCS Drives Key FDA Approvals in Cancer Treatment

Updated Category News Views 12

Florida Cancer Specialists: Changing the Cancer Treatment Game Some organizations toot their horns, but every now and then, a group truly shakes up the playing field. Take Florida Cancer Specialists & Research Institute (FCS), for instance. Over years of relentless research, FCS has nailed its role in securing two significant FDA approvals aimed at expanding treatment...

Continue Reading
Jaguar Promise Tackles College Cost for Texas Students

Updated Category News Views 9

Transforming Aspirations into Achievements In the heart of San Antonio, something’s cooking at A&M University-San Antonio, and it's not just the classic breakfast tacos. They've hit a record-breaking enrollment of 7,697 students this Fall, with 1,322 being fresh-faced first-timers. And while that might grab your attention, the real headliner is their Jaguar Promise...

Continue Reading
Omega Point's MCP Secures Anthropic Verification

Updated Category News Views 10

In a world where investment decisions ride on razor-thin margins, Omega Point's MCP gains top-tier verification. Anthropic's seal of approval is stamped firmly on it, signalling to the wise investors out there that this engine ain't smoking mirrors. Since May, this player has been doing the rounds, but now, with Anthropic’s verification, it’s like Omega Point just...

Continue Reading
Gourmia Introduces Ceramic-Coated Air Fryer at Costco

Updated Category News Views 12

A New Era for Home Cooking with Gourmia Stepping into the kitchen appliances arena with a dash of innovation, Gourmia has launched its first ceramic-coated air fryer, and it’s weaving its way exclusively onto the shelves of Costco. Now, it’s not just about frying anymore; it’s about adding style, efficiency, and a touch of healthy living to your countertop. But much...

Continue Reading
Oracle Announces AI-Driven QuickStart Platform Launch

Updated Category News Views 15

NetSuite's AI-First Step into the Market Well, here's the NYSE stirring the pot with Oracle NetSuite's fresh announcement—an AI-first platform called QuickStart. Sounds like they've got their sights set on early-stage tech startups, banking on those little guys to plug into AI tools they've already got in their toolkit. Claude, ChatGPT—these aren't new kids on the...

Continue Reading
Truck Drivers USA & Career Driver Unveil New Driver Agent

Updated Category News Views 17

Revolutionizing Driver-Carrier Connections In today's cranking transportation scene, Truck Drivers USA (TDUSA) and Career Driver have taken a bold step to change up the driver recruitment game. They've launched what's being labeled as the first 'driver agent' within the Career Driver mobile app. It's the talk of the town in Sherwood, Arkansas, these days. This isn't just...

Continue Reading

Top 5 Most Recently Viewed Articles

eClerx Achieves Major Recognition in RPA Innovation

Updated Category News Views 272

eClerx Named Major Contender in RPA Ranked as Major Contender in Everest Group PEAK Matrix 2024 for RPA Products eClerx Services Ltd (ECLERX.NS) has gained significant recognition as a Major Contender in the Robotic Process Automation (RPA) Products PEAK Matrix Assessment 2024, conducted by Everest Group. This distinction highlights eClerx's commitment to excellence in...

Continue Reading
Bumble Inc. Faces Class Action Lawsuit Amid Controversy

Updated Category News Views 83

Bumble Inc. Faces Class Action Lawsuit Amid Controversy Levi & Korsinsky, LLP, is alerting investors regarding Bumble Inc. (NASDAQ: BMBL) and the filing of a class action securities lawsuit. This development has significant implications for shareholders who have experienced losses due to alleged misconduct. Understanding the Class Action Lawsuit This lawsuit aims to...

Continue Reading
Projected Surge in Global Prosthetic Disc Nucleus Market

Updated Category News Views 154

Prosthetic Disc Nucleus Market Overview The global prosthetic disc nucleus market has been valued significantly, with projections indicating it could reach $265.8 million soon. This burgeoning growth reflects a strong compound annual growth rate (CAGR) of 8.2%. The increasing prevalence of spinal disorders and the demand for innovative spinal health solutions are key...

Continue Reading
Dog-Friendly Shopping in Kansas City: A Unique Weekend Event

Updated Category News Views 153

Experience Excitement with Your Pup in Kansas City Shopping becomes an adventure when you bring your dog along. Kansas City's Historic West Bottoms is setting the stage for a delightful weekend where dogs are not just welcome, but they are invited to join in on the fun. The event, known as Barks in the Bottoms, takes place on an exciting weekend, welcoming families and...

Continue Reading
Exciting New Movie Experience Opens at Founders Row

Updated Category News Views 152

Grand Opening of Paragon Theaters at Founders Row Mill Creek Residential, a prominent developer specializing in premium rental housing across the United States, recently celebrated the grand opening of Paragon Theaters, a luxurious dine-in cinema located in the vibrant Founders Row. This state-of-the-art facility introduces seven screens and enjoys over 600 comfortable...

Continue Reading