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BLRT GRUPP NEW AFRAMAX SIZE DOCKING FACILITY IN THE BALTICS – 12/05/2007

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Please be advised that our principals the BLRT GRUPP has purchased the TURKU REPAIR YARD LTD, which owns the largest dry dock in the Baltic Sea region at the Naantali port. This Yard, founded in Finland in 1989, has the facilities for repairing any vessel navigating the Baltic Sea. The dry dock is 265 meters long and 70 meters wide.

The group’s existing ship repair subsidiaries in Tallinn and Klaipeda repair 130 and 165 vessels per year respectively. The Turku Repair Yard at Naantali repairs approximately 80 – 100 ships annually and possesses a competitive edge: the high quality of its work coupled with short delivery times and the logistically suitable location.

The main clients include Neste their Aframax tankers M/T Tempera and M/T Mastera did annual dockings, Tallink, Silja and Viking Lines passenger and ro/ro ferries and the ice-breakers owned by the Finnish port administration. From the Greek market the Superfast Fast Ferries VII and VIII carried out their annual dockings.

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