FSG Nets LNG-Powered RoRo Ferry

Australian shipping company SeaRoad has reached agreement with a leading German shipbuilder, Flensburger Schiffbau-Gesellschaft (FSG), for the construction of one LNG fuelled roll on–roll off vessel.

SeaRoad’s decision to expand its current fleet capacity will provide greater certainty for Tasmanian businesses
and supports future economic growth in the state.

The new vessel, which will be purpose-built to service Bass Strait, will:

• Embrace clean air fuel technology
• Support energy efficiency
• Increase our capacity by 50%
• Allow for faster transit times, and
• Permit longer time in ports

SeaRoad’s Chairman, Chas Kelly, said that the agreement with FSG “secures our commitment to Bass Strait and
keeping Tasmania connected. It is testament to the commitment of SeaRoad’s shareholders, management and
employees to the Tasmanian economy and will provide increased dedicated freight capacity to the Bass Strait
trade.”

The newbuilding will be 181 metres long, 26.6 metres wide and have more than 1960 lane metres available. Her speed will be 20.5 knots.

FSG will start construction of the vessel in September 2015 and delivery of the newbuild is planned for late 2016/early 2017.

[mappress]

June 3, 2014