Aker Yards to Deliver Combi Freighter to Briese

Aker Yards has sold a combi freighter to Briese Schiffahrts GmbH & Co, in Leer (Lower Saxony / Germany) to be delivered from Damen Shipyards Okean in the Ukraine, a joint venture between Aker Yards and Damen Shipyards Group. The value of the contract is approximately $24.9m. Delivery is scheduled in the fourth quarter of 2007. A first vessel of this type was delivered by the Okean shipyard in July 2006.