Aluminum Shipyard Subsidiary News

Austal USA Signs Contract For Dinner Cruise Catamaran

Austal USA, the fast expanding US aluminum shipyard subsidiary of Austal Ships, has signed an important contract for a catamaran dinner cruise vessel with the well-established and highly respected Island Queen Cruises of Miami, Florida. Contract value is not being published but delivery will be in November 2002 in time for the busy Christmas season. Charles Sofge, the major shareholder in Island Queen, is also a partner in the ownership of Aqua Cat, the vessel delivered earlier this year to Blackbeard Cruises by Image Marine, part of the Austal Group. This new order represents a strong endorsement of the quality of the Austal Group ship design and construction and a clear illustration of the synergies within the group.