Incat received the award for Most Significant New Build - Fast Ferry, at the biennial event for the ferry, fast ferry and cruise industry, The Cruise and Ferry Exhibition and Conference, held in London in mid-May. The award was presented to builders Incat and owners Bollinger/Incat USA for the 322-ft. U.S. Army Theater Support Vessel TSV-1X Spearhead. Incat Australia Pty Ltd. Managing Director Craig Clifford said "Incat to some extent were 'reigning champions' having also taken the Most Significant New Build - Fast Ferry award at the last Cruise & Ferry event in 2001 with the 96 m Evolution 10 Benchijigua Express for Fred. In November 2002, when Incat delivered Spearhead for service with the U.S. Army, expectations were high.