22.9.2008: Aker Yards confirms dispute with NCL over cost of first F3

Aker Yards France is in a dispute with Norwegian Cruise Line (NCL) over the costs of the construction of the first of two 150,000 gross ton F3 class cruise vessels. "Aker Yards France is in a process to find solutions to the dispute, including a dialogue with NCL and its involved subsidiaries with the objective of establishing an agreement," the company said.

"The dispute relates to the ongoing construction of the vessel currently named C33. This is the first of two vessels ordered by NCL in 2006, with a total value for both ships of EUR 1,470 million. The vessels are scheduled for delivery in 2010. The dispute is not related to the second of the two ships, named Hull D33. While the process to find a solution is ongoing, Aker Yards France aims at continuing the ongoing work on the C33 vessel, which is approximately 25 percent complete."

Jacques Hardelay, President of Aker Yards France said in a comment "In projects with this magnitude of complexity, we have in this industry several examples that discussions arise during the project execution. We regret that we have a situation with a dispute. While we are in the middle of this process, it would not be correct to speculate on the outcome, or on possible alternatives. Our focus is to find a solution, including continuing the planned activities at our yard in Saint Nazaire."

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