Kongsberg Gruppen — M&A Activity 2016

Aug 4, 2016

Kongsberg wins EPCI contract for newbuild RoPax ferry

Kongsberg wins EPCI contract for newbuild RoPax ferry

Kongsberg Maritime has been awarded an Engineering,

Procurement, Construction and Installation (EPCI)

contract with Flensburger Schiffbau-Gesellschaft

(FSG), a subsidiary of Siem Group. The contract, worth

more than NOK 120 million, cover engineering and

maritime technology deliveries to a RoPax ferry for

Irish Continental Group (ICG).

Kongsberg Maritime together with its wholly owned

subsidiary Kongsberg Maritime Engineering (KME) will

execute the project. KME will provide all engineering,

procurement and project management while Kongsberg

Maritime will supply a 'Full picture' system delivery.

The RoPax ferry will have a 194.80 m length overall

and 31.6 m beam with a cargo capacity of 2,800 lane

meters, and an additional dedicated car deck for 300

cars. It will be equipped with 435 passenger cabins

and a number of restaurants, bars and lounges on 4

decks, with a total capacity of 1,900 passengers and

crew. Kongsberg Maritime's project delivery and

sophisticated automation and control technology will

support the vessel's design to enable optimal fuel

consumption, while meeting current and known future

environmental regulations.

The contract includes supply and integration of the

electrical, telecom and integrated control systems,

project management, interface management and

engineering services at all stages. Cables,

installation and installation materials for the above

systems are also included. In addition, a significant

technology scope of supply includes; shaft generators,

switchboards, automation, propulsion control,

navigation systems, and radio/satellite

communications. The engineering and construction phase

is estimated to be two years.

"In a challenging market we are very pleased that we

can supply a tailor made Electrical, Instrument and

Telecom (EIT) solution for the yard and owner with a

large scope of both in-house and procured technology,"

says Egil Haugsdal, President, Kongsberg Maritime.

"This is our first contract in Germany for a full EPCI

scope. As a major shipbuilding nation, Germany is seen

as a strategic area for Kongsberg Maritime as we turn

our focus to new markets," says Haugsdal.

For further information, please contact:

Gunvor Hatling Midtbø, Kongsberg Maritime, Tel: +47

9921 4209

KONGSBERG (OSE-ticker: KOG) is an international,

knowledge-based group delivering high technology

systems and solutions to clients within the oil and

gas industry, merchant marine, defence and aerospace.

KONGSBERG has 7 700 employees located in more than 25

countries and total revenues of NOK 17.0 billion in

This information is subject to disclosure requirements

pursuant to §5-12 of the Norwegian Securities Trading

Act.