Australian shipbuilder Austal Ltd. has halted trading of its shares pending an announcement concerning a review of its U.S. business. The trading halt of its ordinary shares was revealed in an announcement to the Australian Stock Exchange Thursday saying the trading halt came at the request of the company pending the release of an announcement. A letter included in the … [Read more...]
Australia Awards Austal $208 Million Pacific Patrol Boats Contract
SYDNEY, May 5 (Reuters) - Australia signed a A$280 million ($208.8 million) contract with naval shipbuilder Austal Ships Pty on Thursday for 21 patrol boats, the first stage of its military expansion, the government said. Naval shipbuilding is an important part of a plan unveiled in February to boost defence spending by nearly A$30 billion ($23.02 billion) over the next 10 … [Read more...]
Austal Delivers LCS 6 to U.S. Navy
Alabama-based aluminum shipbuilder Austal Limited has successfully delivered the Littoral Combat Ship 6 (LCS 6), the future USS Jackson, to the U.S. Navy, a landmark vessel delivery for the company. USS Jackson is the first ship in its class built by Austal as prime contractor at its shipyard in Mobile, Alabama, under a 10 vessel, US$3.5 billion contract the U.S. … [Read more...]
Austal-Built Rocketship “Condor Liberation” Arrives in Guernsey
The Austal-built trimaran ferry Condor Liberation arrived yesterday for the first time into Guernsey's St. Peter Port harbor to begin mooring trials in preparation for the kickoff of passenger services later this month. The 102-meter ferry came at a price of roughly £50 million to Condor Ferries and will provide ROPAX services between Poole, Guernsey and Jersey. According … [Read more...]
U.S. Navy Accepts Delivery of Fourth Joint High Speed Vessel
The Navy recently accepted delivery of the fourth Joint High Speed Vessel (JHSV), the future USNS Fall River, from Austal USA. This ceremony was marked on September 15th, following completion of the builder’s and acceptance trials in July. The ship has a crew of 22 civilian mariners responsible for operating and navigating the vessel, which will be part of the Military … [Read more...]