Bore orders new RoRo vessels

Bore has, as part of its active fleet renewal program, signed a contract for two new RoRo vessels, and holds an option for another two, to be built at Flensburger Schiffbau-Gesellschaft mbH & Co KG in Germany. 

The two RoRo vessels will be delivered in May and August 2011 respectively and will have an initial capacity of 2900 lane meters each. The vessels can accommodate double-stacked containers on mafis on all decks and can be equipped with hoistable car decks. The overall length of each vessel is 195 meters and the breadth is 26 meters, the design draft is 7.05 meters and the design deadweight is abt 13.025 tons The vessels will comply with the rules of the Finnish Swedish ice class 1A, fulfil the latest safety and environmental rules and be able to operate at a speed up to 19 knots with efficient bunker consumption. The overall investment in these two new vessels amounts to some EUR 100 million.

Bore is a shipping business area of Rettig Group Ltd with a fleet of 22 vessels. In 2007, the turnover is expected to reach EUR 75 million, capital employed EUR 250 million and the number of employees 450.

Rettig Group is a Finnish family owned company focusing on three core business areas: Rettig ICC (hydronic and electrical heating, indoor climate regulation), Bore (shipping) and Tarkala (real estate development and rental). In 2006, the turnover amounted to EUR 700 million and the number of personnel is 4,000. Flensburger Schiffbau-Gesellschaft mbH & Co KG is the shipbuilding subsidiary of Egon Oldendorff, Lubeck. The yard was founded in 1872 and has built in total 732 ships. Since 1998 the company is purely concentrating on newbuilding of state-of-the-art RoRo vessels and has acquired the position of world-market leader in this segment. The annual average turnover is approx. EUR 150 million. Number of employees of the yard is 750.