Stena and Austal settle patent dispute

In what it calls “a gratifying end” to a long running patent infringement dispute in Australia, Sweden’s Stena Rederi AB says that it and  Australian shipbuilder Austal have “reached an amicable settlement, for an undisclosed sum, of Stena’s claim for compensation arising out of infringement of Stena’s patent relating to hull forms for high speed catamarans.”

March 31, 2011