APL has finalized the qualification program and most engineering activities are completed. The remaining scope is completion of building, final assembly and testing at the yard in Angola. The final delivery to the customer is expected to take place in April 2006.
APL maintains its financial forecast for the full year 2005, as stated in the second quarter report, of NOK 900 - 1.000 million in revenues and an EBITDA margins somewhat above the level of 2004.
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