Paiatea News

Austal Wins Contract For Cruise Vessels

Austal Limited announced that subsidiary Austal Ships has secured a contract for two 226-ft. (69-m) ‘boutique’ cruise ships for operation in French Polynesia. The new order, with a combined contract value of approximately $27.8 million, increases Austal’s total value of vessels under construction or on order to over $202 million. Austal’s managing director, Bob McKinnon said the new contract further highlighted the success of Austal’s diversification strategy, with secured footholds in the luxury, passenger and vehicle ferry, military/defense and tourism markets. The ‘boutique’ cruise ships, which were ordered by Bora Bora Cruises of Tahiti, will be monohull design.