Austal [SEP] industry
, aluminium monohulls were delivered between March 2013 and August 2015.
Austal announced it has entered into a shipbuilding contract with the National Australia Bank to construct two further "Cape" Class Patrol Boats on 13 December 2015. The contract value is A$63 million. The two vessels will be delivered to the National Australia Bank in mid-2017 and subsequently chartered to the Commonwealth of Australia for a minimum term of three years. Austal did a similar off-balance-sheet charter with the MV "Westpac Express," which was chartered
industry collapse and the two companies continue to compete for orders of large multi-hull ferries of up to 11,000 Gross tons with capacities of over 1,200 passengers and 400 vehicles.
On 20 August 2014, Austal announced the sale of Austal Hull 270, the company’s trimaran stock vessel, to the UK Channel Islands’ ferry operator, Condor Ferries, for A$61.5 million, and was renamed the HSC "Condor Liberation". Additionally, modifications to the stock vessel were valued at approximately A$6 million, and was scheduled