Incat Sells Hull 058

Friday, March 21, 2003
A contract has been exchanged for the sale of Incat Australia’s 98m catamaran, hull 058, to a European customer. The purchaser is a long term Incat customer, and intends for 058 to join its two existing Incat vessels in operation for the northern European summer. Announcing the sale to staff at the Hobart shipyard, Incat Australia Managing Director, Craig Clifford said “The sale of vessel 058 has been foreshadowed for some time, and is great news for all Incat staff and supporters. A sale to a repeat customer is added confirmation of the confidence the market has in the quality of the Incat product.” The ship will be painted in the company’s colours over the next few weeks and is expected to depart Hobart for Europe in late April. The Evolution 10b design of hull 058 delivers proven technology in a vessel capable of carrying a mix of passengers and freight at speeds over 40 knots. The operator will have the flexibility to configure the Wave Piercing Catamaran to suit traffic fluctuations whilst maximizing revenue. Deployed in a high volume tourist mode, the operator can opt for the maximum 267 car capacity by utilising the optional mezzanine vehicle decks. To maximise flexibility during shoulder seasons or to provide a dedicated freight service, the mezzanine decks can be easily lifted to allow a high concentration of heavy highway vehicles, 24 road freight trailers with 85 cars. The sale will provide funds to repay the existing Tasmanian State Government loan. On completion of the sale the loan will be repaid in full with interest. The Incat group acknowledges with appreciation the support shown by the Tasmanian Government, and their confidence shown in Incat’s shipbuilding enterprises. Chairman of the Incat Group, Robert Clifford said “The loan assisted the company to retain our core workforce through a difficult period. We now look forward to a strong and long future”. The remaining funds received from the sale will go towards the completion of the 98 metre, high speed craft, hull number 61 for the United States Navy, delivery of which is expected in July 2003.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Seaway Stakeholders File Suit Against US Coast Guard

Ports and vessel operators challenge what they call “flawed pilotage fees”   A coalition of U.S. Great Lakes ports, vessel operating companies and maritime trade

Damen Delivers Floating Pump Station to Hamburg

Hamburg Port Authority (HPA) has taken delivery of the Sauger III, a custom floating pump station by Damen Shipyards Group for supporting dredging operations. Situated

Mothballed Vessels SE Asia Reflect Oil Slump Pain

Around 1,300 offshore support vessels lying idle worldwide. Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of

Ship Sales

Mermaid Maritime Bags Subsea Contracts, Delays Newbuilding

Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.   It has also reached

Greek Shipping – Still Number One!

Despite the many domestic and market challenges facing the Hellenic ship owning community, Greece has continued to strengthen its position as the largest ship owning nation in recent years,

DSME, Sovcomflot Delay Delivery of First Arctic LNG carrier

South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and Sovcomflot have agreed to delay a liquefied natural gas carrier being built for the Yamal LNG project in Russia.

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair
rss | archive | history | articles | privacy | 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: 0.0701 sec (14 req/sec)