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Minoan Lines orders more new vessels

Minoan Flying Dolphins, a subsidiary of Greek ferry operator Minoan<.> Lines, recently announced that it exercised options and ordered two more high-speed ferries from Australian shipyard Austal. The new ship<.>s will be delivered in 2001.
Minoan Flying Dolphins signed a contract for the construction of three high-speed ferries with Austal shipyards earlier this year with options for two more open until March, 2000. Delivery of the first high-speed ferry is expected this coming April, three months ahead of schedule.
Minoan said the new ship would be put in service in the Cyclades islands before Easter. The ship will carry 620 passengers and 75 vehicles at a maximum traveling speed of 45 knots. The second and third high-speed ferries are expected in June of next year, just in time to take advantage of the new tourist season.
The biggest ferry of the three will have a length of 92 meters (the largest in Mediterranean) and will be able to carry up to 1,050 passengers and 200 vehicles. The cost of the investment will total $86.4 million.
Minoan Flying Dolphins also said it is considering expanding into Adriatic Sea routes with new high-speed ferries that will travel at more than 40 knots.
With the new vessels transferred from option to order, Minoan will expand its services in the Aegean Sea, said a company spokesperson. The newest order follows the recent acquisition of the catamaran Supercat Athina, which is considered the fastest in new technological vessels plying the Mediterranean.

Minoan Flying Dolphins, a subsidiary of Greek ferry operator Minoan<.> Lines, recently announced that it exercised options and ordered two more high-speed ferries from Australian shipyard Austal. The new ship<.>s will be delivered in 2001.

Minoan Flying Dolphins signed a contract for the construction of three high-speed ferries with Austal shipyards earlier this year with options for two more open until March, 2000. Delivery of the first high-speed ferry is expected this coming April, three months ahead of schedule.

Minoan said the new ship would be put in service in the Cyclades islands before Easter. The ship will carry 620 passengers and 75 vehicles at a maximum traveling speed of 45 knots. The second and third high-speed ferries are expected in June of next year, just in time to take advantage of the new tourist season.

The biggest ferry of the three will have a length of 92 meters (the largest in Mediterranean) and will be able to carry up to 1,050 passengers and 200 vehicles. The cost of the investment will total $86.4 million.

Minoan Flying Dolphins also said it is considering expanding into Adriatic Sea routes with new high-speed ferries that will travel at more than 40 knots.

With the new vessels transferred from option to order, Minoan will expand its services in the Aegean Sea, said a company spokesperson. The newest order follows the recent acquisition of the catamaran Supercat Athina, which is considered the fastest in new technological vessels plying the Mediterranean.

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