VIDEO: Austal Australia launches Bajamar Express

Austal Limited (ASX:ASB) reports that its Henderson, Western Australia, shipyard has successfully launched Hull 394, the first of two 118 meter high-speed trimaran ferries currently under construction for Fred. Olsen Express of

Austal Vietnam to build high speed cat for Comoros Islands operator

Comoros Islands ferry operator SGTM has awarded Austal Limited (ASX:ASB) a contract worth A$15.5 million (US$10.7 million) contract for a 41 meter, high-speed catamaran. Austal says that the contract will provide production

Navy awards Austal $9.2 million mod to EPF contract

Shipbuilder Austal USA, Mobile, Ala., has been awarded a $9,198,875 modification to a previously-awarded Navy contract. The award covers the immediate procurement of long-lead-time material, engineering and production to support changes to

Austal books order for its largest ferry yet

Austal (ASX:ASB) has been awarded an EUR 83.65 million (about US$92.6 million) contract for the design and construction of a new 115 meter high-speed catamaran ferry for Molslinjen of Denmark. The order

Austal and Fred. Olsen hone next gen trimarans’ environmental creds

Australian shipbuilder Austal (ASX: ASB) and long term customer Fred. Olsen, S.A. have partnered on two next generation trimarans with advanced environmental credentials. Starting with the design process, Austal’s R&D team used

Austal and Cerberus said to be eyeing acquisition of former HHIC Philippines yard

Nikkei Asian Review reports that a consortium of U.S. private equity firm Cerberus Capital Management and Australian shipbuilder Austal is in exclusive talks to acquire the strategically located Cebu, Philippines, shipyard formerly

Austal says ferry orders boost earnings outlook

Australian shipbuilder Austal Limited (ASX:ASB) is raising its earnings outlook, based on its healthy backlog of commercial ferry orders. Following preparation of its preliminary FY2019 results and its outlook for FY2020. Austal

Austal Philippines delivers first of two 50 m cats for Taiwan operator

Austal Limited (ASX: ASB) reports that its shipyard in Balamban, Cebu, Philippines, has delivered the first of two 50 meter, 550 passenger high-speed catamarans to Taiwan’s Brave Line. The vessels include an

Austal cooperating with Australian and U.S. investigators

JANUARY 29, 2019 — Local media were last week reporting that federal officials were on site at shipbuilder Austal USA’s Mobile, AL, premises searching computers and employee desks. The company gave the

Navy awards Austal LCS 36 and 38

DECEMBER 16, 2018 — Austal (ASX: ASB) reports that the United States Department of Defense has awarded Austal USA a contract to build two additional Littoral Combat Ships: LCS 36 and LCS