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
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
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 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
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
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
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
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
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
SEPTEMBER 12, 2018 — Austal Limited (ASX: ASB) reports that its shipyard in Balamban, Cebu, has delivered a 30 m high speed aluminum catamaran to VS Grand Ferries of the Philippines. Designed