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
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
VIDEO: Austal launches 109 m Molslinjen high speed RoPax
NOVEMBER 7, 2018 — Austal’s Henderson, Western Australia, shipyard last month launched the Auto Express 109 m high-speed vehicle/passenger ferry Express 4 for Denmark’s Molslinjen. This major project milestone followed the roll-out
Austal reports cyber security breach
NOVEMBER 1, 2018 — Shipbuilder Austal Limited (ASX:ASB) said in a stock exchange announcement today that its Australian business has detected and responded to a breach of the company’s data management systems
Austal USA awarded $57.8 million EPF long lead materials contract
OCTOBER 19, 2018 — Austal USA, Mobile, AL, has been awarded a $57,854,366 Navy contract for procurement of long lead time materials and production engineering for of a 103-meter Expeditionary Fast Transport