Austal To Establish American Operation

Tuesday, December 21, 1999
Australian shipbuilder, Austal, the world's largest builder of high speed ferries, signed a joint venture agreement to establish an American shipbuilding presence - Austal USA. Following a lengthy investigation of the U.S. shipbuilding industry, Austal's chairman, John Rothwell, made the decision to elect Bender Shipbuilding & Repair Co. of Alabama as its U.S. partner - with major equity held by Austal. Known as a builder of aluminum vessels, Austal's product range extending from 80 ft. (24.3 m) fast ferries to large vehicle and passenger carrying vessels beyond 330 ft. (100.5 m) in length. The full product range is scheduled for construction at the Mobile, Ala. shipyard. With Austal vying substantial growth ambitions not only to hold a significant share of the passenger ferry market with its technologically-driven vessels not available in the U.S. - the company is also exploring opportunities to supply to U.S. defense.
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

All Set for the Long Beach Arts Month

A gala reception Saturday, Oct. 4, will kick off a month-long art exhibition showcasing the Port of Long Beach in images captured by professional and amateur photographers.

MOL Restructures Asia to S. Africa Service

Mitsui O.S.K. Lines, Ltd. (MOL) announced the restructuring of its existing Asia to South Africa liner services into two direct loops. One service will call South China,

Norvestor to Become PG’s Largest Shareholder

Norvestor VI, L.P., a fund advised by Norvestor Equity AS, announced it has signed an agreement to invest in Ing Per Gjerdrum AS including its subsidiaries PG Hydraulics AS and PG Construction AS.

Shipbuilding

Nigerian Customer Orders Ninth Damen Dredger

A Nigerian customer has added its ninth Damen dredger to its fleet. The Cutter Suction Dredger type CSD500 was chosen due to the availability of Damen Field Services in Nigeria,

Steel Cut for Yamal LNG Project’s Lead Tanker

A steel-cutting ceremony was held on September 29 for the lead gas tanker ordered by SCF Group for transportation of liquefied natural gas (LNG) under the Yamal LNG project.

Aker Evaluating Future of US Shipyard, ASC

Norway's Aker ASA may decide to merge or otherwise restructure two listed units that have seen strong benefits from the U.S. shale oil energy boom, Aker's Converto

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2354 sec (4 req/sec)