Marine Link
Friday, March 29, 2024
SUBSCRIBE

Lighthouse Fast Ferry News

19 Apr 2002

Lighthouse Fast Ferry Reports Record Results

Lighthouse Fast Ferry, Inc. reported record sales results for the fourth quarter and twelve months ended December 31, 2001. For the year-ended December 31, 2001, total revenue increased 10% to a record $4.4 million from $4.1 million for the prior-year period in 2000. Passenger ticket sales jumped nearly 16% to $3.9 million from $3.4 million in the prior-year period, reflecting increased rider-ship at the company's Highlands, New Jersey site, where total annual rider-ship rose 6% to 297,775 passengers. Immediate demand for the company's latest Keyport, New Jersey service, which commenced on October 15, 2001, also contributed to sales, with a rider-ship of 24,693 passengers at year-end 2001.

03 Jun 2002

Austal USA Signs Contract for Sale of Stock Vessel

Austal USA has signed a contract with Lighthouse Fast Ferry of New York (also known as New York Fast Ferry) for the sale of the 86 ft. (26 m) passenger catamaran being built at Austal USA’s shipyard facilities in Mobile, Ala. Due for delivery in July 2002, the new catamaran will be the third vessel delivered by Austal USA within six months and follows closely the delivery of two crew/supply vessels to Otto Candies LLC in January. Austal Group Managing Director, Bob McKinnon said the sale was a great result for Austal USA and the Austal group. “We are very pleased to have finalized the first sale of a high speed ferry into the United States market,” Mr. McKinnon said.

29 May 2002

Austal Signs Contract for Sale of Stock Vessel

Austal Limited shipbuilding subsidiary, Austal USA has signed a contract with Lighthouse Fast Ferry of New York (also known as New York Fast Ferry) for the sale of the 86ft. (26 m) passenger catamaran being built speculatively at Austal USA’s shipyard facilities in Mobile, Ala. Due for delivery in July 2002, the new catamaran will be the third vessel delivered by Austal USA within six months and follows closely the delivery of two crew/supply vessels to Otto Candies LLC in January. Austal’s managing director, Bob McKinnon said the sale was a great result for Austal USA and the Austal group. “We are very pleased to have finalized the first sale of a passenger catamaran into the United States market,” McKinnon said.

27 Nov 2002

Lerchbacker Leads Austal USA to the Top

When Austal Ltd. of Henderson, Western Australia, started looking last year for a CEO to lead its U.S.-based operations, the job description must have been daunting. They wanted a leader to take the helm of their newly built shipyard in Mobile, Ala., and turn it into a major contractor for both military and commercial vessels in the United States. Austal had recently entered the U.S. market for the first time, intent on competing with higher-profile rivals such as Incat/Bollinger, Derecktor Shipyards and Kvaerner. The company settled on Alan Lerchbacker, 50, an energetic former Navy Aquanaut with a business background, who took the position in February 2002. Lerchbacker had never heard of Austal until a headhunter contacted him.