JULY 3, 2012 — Scandlines and STX Finland s signed a Letter of Intent (LOI) covering construction of two new ferries, each with a capacity of 1,300 passengers and 72 trucks or 382 cars.

Set for spring 2015 delivery, the double ended ferries are being built for the for the route Rostock (Germany) – Gedser (Denmark) but will be designed to allow them to also be used on the route Puttgarden (Germany) - Rødby (Denmark).

The ferries will be operating on environmentally friendly LNG instead of traditional heavy fuel, thus reducing Nitrogen emissions, CO2 and particulate emissions to the air significantly with practically zero sulfur emissions.

Over the summer, Scandlines and STX Finland Oy will undertake negotiations under the LOI in order to reach a final contract.

The project will bring some 1,000 man-years of work to the shipbuilder and its subcontractors.

Scandlines operates three short distance ferry routes between Denmark, Germany and Sweden (Puttgarden-Rødby, Rostock-Gedser and Helsingør-Helsingborg). In 2012, it transported 11.7 million passengers, 2.7 million cars and 0.8 million trucks on its routes. Formerly a joint venture of the Danish Ministry of Transportation and Deutsche Bahn AG, it is now owned 50/50 by 3i Group of London and Allianz Capital Partners of Munich.