Austal secures $100 million contract

Shipbuilder Austal has won a contract worth around $100 million to build a commercial passenger ferry for a Danish firm.

Malcolm Turnbull during a visit to the Austal shipbuilding yard

WA Shipbuilder Austal has won a contract to build a commercial passenger ferry for a Danish firm. (AAP)

Shipbuilder Austal has won a contract worth about $100 million to build a commercial passenger ferry for a Denmark-based operator.

"In the past two months, Austal has secured more than $400 million in new orders for defence and commercial vessels, which clearly demonstrates our success in developing technically superior and highly cost competitive solutions," chief executive David Singleton said.

The 109-metre vessel, the largest commercial ferry to be built by Austal since 2011, is to be built at its Henderson shipyard in Western Australia.


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Source: AAP



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