Austal
Austal News
Great Ships of 2018: Halunder Jet
Fast and comfortable to Heligoland with Halunder JetThe work took just over a year, the big day becomes finally reality: the successor to the former HALUNDER JET is ready. Around 250 shipyard employees and 60 employees from Förde Reederei Seetouristik, Flensburg, Germany, worked on the catamaran in the AUSTAL shipyard in Cebu. After 15 years of loyal service, the company, FRS, finally said goodbye to the old HALUNDER JET in the fall of 2017.
Austal Rises on U.S. Contract Win
Shares of ship builder Austal Ltd rise as much as 4.6 pct to A$1.940.Austal said that it has a news contract from the U.S. Department of Defense to build two more Littoral Combat Ships (LCS), bringing the total new LCS orders booked in 2018 CY to four ships. Reportedly, the new award is under the congressional cost cap of $584 mlnSeparately, the Commonwealth Bank of Australia will fund Republic of…
Scandium International Signs LoI with Austal
Scandium International Mining announced that it has signed a Letter of Intent (LOI) with Austal, to test scandium-containing aluminum alloys in marine applications.Austal…
Austal Starts Building Trimaran Ferry for Fred. Olsen
Shipbuilder Austal said it has commenced construction on the first of two 117-meter high-speed passenger trimaran ferries for Fred. Olsen.Developed in Henderson, Western Australia at Austal’s center of excellence in maritime design, the next-generation vessels will be used by Fred. Olsen Express in the Canary Islands, joining their sister ship, The Benchijigua Express.Capable of transferring over 1…
High-speed Catamaran Delivered to VS Grand Ferries
Austal Limited has delivered a 30-meter high-speed aluminum catamaran for VS Grand Ferries of the Philippines. The vessel was designed by Incat Crowther and built at Austal’s shipyard in Balamban, Cebu.The new vessel, named MV Seacat, provides capacity for 300 passengers at speeds up to 25 knots. The new ferry is first locally operated vessel to be built to achieve Pioneer status, an enhanced safety standard rating in the Philippines…
Austal USA Earns Shipbuilding Safety Award
Austal USA received the Shipbuilders Council of America (SCA) Excellence in Safety award during SCA’s annual meeting in Washington, D.C.SCA, the national association representing the U.S. shipyard industry, honors companies with annual safety awards for enhancement of operations and promotion of safety and accident prevention. Austal USA is one of 19 SCA member companies to receive awards for continued…
Austal Climbs on Strong H1 Profit
Shipbuilder Austal Ltd shares have risen as much as 4.5 percent to A$1.85, its highest since February 1. The company's H1 net profit after tax has surged 174 percent, driven by strong performance in shipbuilding programs for U.S. Navy. Over 900,000 shares have changed hands, compared with the 30-day average of 229,350 shares The stock is among top percent gainers on the ASX All Ordinaries Index.
Austal Opens Up Trimaran Deal with Fred Olsen
Austal’s latest contract announcement for two 117 metre high speed vehicle passenger ferries, for Fred Olsen SA, not only sends a strong signal to the international…
Austal USA Wins Navy Deal
Austal USA won a construction contract by the U.S. Navy Friday to build an additional Independence-variant Littoral Combat Ship, its fifteenth ship in the class.
Austal Secures Contract for High-speed Ferries
Austal has announced a milestone contract, valued at €126 million (A$190 million), to design and build two 117 metre high-speed vehicle passenger trimaran ferries for long term customer Fred Olsen S.A. of the Canary Islands, Spain. The aluminium trimarans, designed by Austal Australia, will be the second and third trimarans to be delivered to Fred Olsen S.A. who already operate the world’s first and largest trimaran vehicle passenger ferry…
Austal Delivers Its 6th LCS to the US Navy
Austal USA delivered its sixth littoral combat ship to the U.S. Navy on Friday, September 15. The future USS Omaha (LCS 12) is the nation’s 10th littoral combat ship delivered to the Navy…
Austal Opens Adelaide Office
Austal Australia has opened its Adelaide office, which will support the design and production for the $3 billion Offshore Patrol Vessel (OPV) program. Officially welcoming Austal’s expansion into Adelaide were Martin Hamilton-Smith, Minister for Defense Industry (SA), Senator David Fawcett, and several locally based Small to Medium Enterprises (SMEs) that are already a part of Austal’s 1000 plus Australian supply chain.
Austal Confirms Fjord Line Order for Catamaran Ferry
Austal Limited confirmed a new contract valued at 73 million Euro to design and build a 109 meter high-speed vehicle passenger ferry for Fjord Line of Norway. The all-aluminium catamaran…
Austal Opens Cairns Office
Austal Australia was joined by Warren Entsch, Federal Member for Leichardt, to officially open its vessel sustainment office in Cairns, the latest effort in the expansion of Austal’s national footprint. The shipbuilder said its new Cairns sustainment facilities will employ nearly 30 people to support the Austal-built Cape Class fleet for the Australian Border Force and the Royal Australian Navy and…
Austal Wins USD 584.2 million US Navy Contract
Australian shipbuilder Austal has won a $584.2 million contract to build a 14th Littoral Combat Ship for the US Navy, Reuters reported. The contract includes associated…
Austal USA Earns SCA Safety Award
Austal USA was recognized again as one of the safest shipyards in the country by the Shipbuilders Council of America (SCA) at their quarterly meeting in mid-May.
Austal Starts Building High-speed Ferry for Denmark
Australian shipbuilder Austal said it has started construction on a 109-meter high-speed catamaran ferry Express 4 for Molslinjen of Denmark, with the first plate-cutting conducted at Austal’s shipyard in Western Australia. Molslinjen Chairman, Frantz Palludan officially initiated the aluminum plate cutting for Austal’s largest commercial ferry project since 2011 and the largest commercial ferry by volume in the company’s 28 year history.
Austal Delivers Expeditionary Fast Transport Ship to Navy
Austal USA has delivered its eighth expeditionary fast transport ship to the U.S. Navy. The 338-foot long Yuma is an aluminum catamaran capable of transporting 600 tons…
Austal Opens New Patrol Boat Building Facility
Austal has opened a new Pacific Patrol Boat Replacement (PPB-R) Shipbuilding Facility in Naval Base, Western Australia. Australian Defense Industry Minister Christopher Pyne cut the red ribbon at the 10,500m² facility in front of defense industry stakeholders, suppliers and partners from across Australia. Austal CEO David Singleton said the PPB-R project is estimated to create up to 207 jobs across production…
Austal HY profit slides
ď‚· Underlying EBIT of $31.2m after excluding arbitration settlement related to 7-year-old claim. ď‚· Earnings growth from US shipyard. Lower throughput in Australian shipyard, as anticipated.
