Finnish shipbuilding company Rauma Marine Constructions (RMC) has been awarded a contract to build a 158-meter-long passenger-car vessel for Danish ferry operator Mols-Linien, which marks the first shipbuilding order for the shipyard since its establishment in 2014.

The order's market value is approximately EUR68m (US$77m).

"The size of this contract is significant for us and our suppliers. The contract guarantees full employment to RMC for two years and gives us the possibility to improve the shipbuilding industry in Rauma in the long run," said Heikki Pöntynen, RMC's CEO.

The delivery of the ship is scheduled for June 2018, according to RMC.

"The order RMC has received is proof of the Finnish shipbuilding industry's ability to be renewed and its capacity to adapt to shifting expectations and demands of different markets," said Finland's Minister of Economic Affairs Olli Rehn.