AUSTAL BOOKS ITS BIGGEST ORDER
Australian shipbuilder Austal has inked an unconditional contract to build four fast ferries, consisting of two 69 meter and two 88 meter Austal Auto Express vehicle-passenger catamaran designs for an undisclosed customer.
The value of the order is A$223 million ($182.1 million), according to the company announcement released on the Australian Securities Exchange. This makes it Austal's largest individual contract to date.
The Auto Express 88 vehicle passenger ferries will each be able to carry 1,200 passengers, 120 cars and 15 trucks at speeds of 34 knots.
The AutoExpress 69 vessels will each have a carrying capacity of 650 passengers, 50 cars and 15 trucks and will reach speeds of 30 knots.
All four ferries will be delivered in 2009 and will be built in Australia. Commenting on the announcement Austal Executive Chairman, John Rothwell said: "This huge contract is of particular importance, not only in adding to our current strong order book but also as it confirms our presence in a region with substantial growth opportunities for Austal."
Austal recently delivered the first of two Auto Express 88 vehicle passengers ferries for IDO for service in Istanbul. Overall, Austal has built and received orders for 10 fast ferries from IDO since 1995.
- Philippines Approves Chinese Research at Benham Rise
- More Vessels Call on Port of Rotterdam
- Lauritzen Reflags Two Gas Carriers to Denmark
- Shell Penguins Field FPSO Contract for Sevan Marine
- Crowley orders 100,000 bbl Alaska Class ATB at Bollinger
- Turkey Reveals Route for New Canal to Ease Bosphorus Shipping
- Oil Propelled Past $70 for First Time in Three Years
- New Black Sea coal terminal potentially delayed until 2019
- Trade growth drives up Shanghai Port profits
- Maersk & Hamburg Süd: A Profitable North-South-East-West Colossus
- Singapore Boosts Maritime Digitalization
- Elengy LNG Trans-Shipment at Montoir-de-Bretagne
- North Sea Canal Ports Transhipment Hits Record 100 MT
- Hyundai Drive Made First Call to Hamad Port
- Capital Product Partners Buys Aframax
Austal books its biggest order
AUSTAL BOOKS ITS BIGGEST ORDER
- India Contemplates Building LPG Carriers Locally
- Arctic Air Anchors Frozen Freighters, Lull for Great Lakes Shipping Industry
- BSEE Proposes Softening of Offshore Drilling Rules - WSJ
- McDermott Wins Tyra EPC Work near Denmark
- U.K. Assisting Listing Russian Ship
- U.S. Coast Guard Seeks Input in Navigation Aids
- Petrojarl I Sails for Brazil Following Upgrades
- CMA CGM completes acquisition of Mercosul Line from Maersk
- Arctic LNG Carriers Delivered: RS Class
- Container Stowage Plans Vulnerable to Hacking
- Kings Point Wins Full Reaccreditation
- Liberia strikes blow for global shipping with challenge to Brazilian court ruling
- ARA gasoline stocks edge higher; naphtha stocks plunge to nine-month low: PJK
- Higher oil prices bode well for S. Korean shipbuilders
- USCG warns Alaska fishing operators of icing dangers
- NASA Scientists Get Up-Close Look at Massive Iceberg ‘Roughly the Size of Delaware’
- DOF Subsea secures a series of new contracts
- TOTE Maritime adds to Puerto Rico services
- Crowley to acquire three SeaRiver tankers, charter them back
- Nautical Bulk Holdings vessel runs aground in Germany