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AUSTAL Invests In Major Commercial Shipbuilding Expansion

AUSTAL Invests In Major Commercial Shipbuilding Expansion

Austal Limited (Austal) (ASX: ASB) announced on Monday that it has finalised the details of its previously announced investment of up to US$30 million for capacity expansion. This investment will be focused in the …
May 18, 2018 /  Curious
Austal’s eight littoral combat ship completes acceptance trials for US Navy

Austal’s eight littoral combat ship completes acceptance trials for US Navy

Austal (ASX:ASB) Tuesday announced the eighth Independence-class Littoral Combat Ship, the future USS Tulsa (LCS 16), has successfully completed acceptance trials in the Gulf of Mexico. This is the last significant …
Mar 21, 2018 /  Naval
Austal awarded A$68M contract for 83-metre trimaran by JR Kyushu Jet Ferry of Japan

Austal awarded A$68M contract for 83-metre trimaran by JR Kyushu Jet Ferry of Japan

Following the Memorandum of Understanding (MOU) announced 8 December 2017, Austal (ASX:ASB) announced yesterday the award of a A$68 million contract to design and build an 83 metre trimaran ferry for JR Kyushu Jet Ferry …
Mar 6, 2018 /  Vessels
New passenger ferry contract from SNC Aremiti celebrates Austal’s fifth vessel for French Polynesia

New passenger ferry contract from SNC Aremiti celebrates Austal’s fifth vessel for French Polynesia

Austal Limited (ASX:ASB) announced last week that long-standing client and French Polynesia’s leading commercial ferry operator, SNC Aremiti (part of the Groupe Degage), has awarded a AU$30 million contract to …
Jan 4, 2018 /  Vessels
Austal and JR Kyushu Jet Ferry propose international high-speed trimaran solution in Japan

Austal and JR Kyushu Jet Ferry propose international high-speed trimaran solution in Japan

Austal (ASX:ASB) has announced the establishment of a Memorandum of Understanding (MOU) between Austal Australia and JR Kyushu Jet Ferry to develop a new high-speed trimaran passenger ferry concept for JR Kyushu Jet …
Dec 18, 2017 /  Vessels
Luerssen and Austal winners in deal to build 10 Royal Australian Navy’s Offshore Patrol Vessels

Luerssen and Austal winners in deal to build 10 Royal Australian Navy’s Offshore Patrol Vessels

The Federal Government has announced yesterday that Luerssen will be awarded the prime contract to deliver the Royal Australian Navy’s Offshore Patrol Vessels (OPVs). Austal announced yesterday that the Government …
Nov 24, 2017 /  Naval
Austal secures new A$190Mln contract for two 117-metre trimaran ferries for Fred Olsen SA

Austal secures new A$190Mln contract for two 117-metre trimaran ferries for Fred Olsen SA

Austal Limited (ASX:ASB) announced yesterday a milestone contract, valued at €126 million (A$190 million), to design and build two 117 metre high-speed vehicle passenger trimaran ferries for long term customer Fred …
Oct 9, 2017 /  Vessels
New $108Mln Fjord Line contract grows AUSTAL commercial vessel orders to near term record

New $108Mln Fjord Line contract grows AUSTAL commercial vessel orders to near term record

Austal Limited (ASX:ASB) is pleased to announce a new contract valued at €73 million Euro (A$108 million) to design and build a 109 metre high-speed vehicle passenger ferry for Fjord Line of Norway. The …
Aug 31, 2017 /  Vessels
Fjord Line invests in new tonnage - doubles the capacity on the fastest route between Norway and Denmark

Fjord Line invests in new tonnage - doubles the capacity on the fastest route between Norway and Denmark

After three years of solid growth on the route between Kristiansand (Norway) and Hirtshals (Denmark), the Norwegian shipping company Fjord Line invests in a new high-speed catamaran ferry. The investment will improve the …
Aug 18, 2017 /  Vessels
AUSTAL delivers first high-speed passenger ferry to South Korea

AUSTAL delivers first high-speed passenger ferry to South Korea

Austal Limited (Austal) (ASX:ASB) announced yesterday the company’s first ever delivery to South Korea, a 50-metre high-speed passenger ferry to Seaspovill from the Austal Philippines shipyard. The A$16million …
Jul 28, 2017 /  Vessels