Saturday, November 24, 2007


Aker Yards Oy, or Aker Yards' Finnish yards is a Finnish shipbuilding company. It operates three yards in Helsinki, Turku and Rauma, employing some 4,000 people. It is a part of Aker Yards, an international shipbuilding group.
The current Aker Yards Oy is a descendant of two different shipyard companies. Wärtsilä operated the shipyards of Helsinki and Turku since the 1970's. Wärtsilä's shipbuilding division went bankrupt in 1989 after merging with Valmet shipyards. Masa-Yards was established by Martin Saarikangas with financing from the shipping companies to finish the ships under construction, eventually taking over the operations of Wärtsilä's former shipyards. In the mid-90's Kvaerner purchased Masa-Yards and Kvaerner Masa-Yards was born. In 1991 the ship-building businesses of Hollming Oy of Rauma and Rauma-Repola of Pori were merged to form Finnyards. This company was purchased by Kvaerner and became Aker Finnyards. In January 2005 Kvaerner Masa-Yards and Aker Finnyards merged to form the "new" Aker Finnyards Oy. The name of the company was changed to Aker Yards Oy on June 7, 2006.
Aker Yards in Finland and its predecessors has built many luxurious cruise ships, including the very first modern purpose-built cruise ship, the Song of Norway. The most recent cruiseships build by Aker Finnyards are the three Freedom-class vessels, the first of which Freedom of the Seas was delivered for Royal Caribbean International in 2006. Freedom of the Seas and it's sister ships Liberty of the Seas and Independence of the Seas are the largest cruisehips in the world at the moment, although an even larger class of ships, the Genesis Class, is being designed by Aker Yards. Aker Yards is also responsible for the largest cruiseferry in the world, Color Line's Color Fantasy, which will get a sistership Color Magic from the yard in autumn 2007.
The company is also the principal yard for the Finnish Navy and the world's leading builder of icebreakers.

Kvaerner Masa-Yards Delivered Craft

Crichton-Vulcan
Finnish Maritime Cluster

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