Austal wins shipbuilding contracts worth $22m

LISTED Australian shipbuilder Austal has clinched two new contracts to build three commercial passsenger ferries worth around A$30m ($22.3m) amid increasing demand in the internatinoal commercial ferry market.

News ID: 66012

Date: 22 June 2016 - 14:16

According to MANA,One of the contracts valued about A$16m was for the construction of a 50-metre high speed passenger catamaran for Seaspovill Company, which operates a number of high-speed ferries on multiple domestic routes in South Korea, Austal said in a statement.
The vessel, which will be build by Austal Philippines, will have the capacity to carry up to 450 passengers at speeds of up to 40 knots. Delivery date is expected in June 2017.

Since 2013, Austal Philippines has constructed nine ships and collaborated with Austal Australia on two-ship programs. Its deliveries have included wind farm vessels, high-speed offshore crew transfer vessels and the largest ever vehicle passenger ferry built in the Philippines -