Tag: Shipbuilding
BAE Systems’ Hunter Class Frigate Program passes preliminary design review
BAE Systems Australia’s Hunter Class Frigate Program has successfully completed its Preliminary Design Review, which looked into the operational effectiveness of the program’s design.
Australia to boost sovereign shipbuilding capability with new Austal partnership
The Australian Government is boosting the nation’s shipbuilding capability and Western Australia’s defence industry through a new strategic partnership with Austal Limited.
Austal, Harland & Wolff Group partner to bring shipbuilding capabilities in UK
Austal Australia has signed a memorandum of understanding with maritime defence manufacturing company Harland & Wolff Group to pursue shipbuilding opportunities in the United Kingdom.
Austal wins $143M contract to build LCU class craft for US Navy
Shipbuilding company Austal USA has secured a $143.4 million US Navy contract to construct three Landing Craft Utility (LCU) 1700 class craft.
Austal reports EBIT loss but retains record $11.6b order book
Global shipbuilder Austal announced its FY2023 financial results, reporting a $4.8 million loss in Earnings Before Interest and Tax (EBIT), which is consistent with the previously advised earnings projection issued last month.
VEEM secures new Singapore shipbuilding client, to supply gyrostabilisers for vessels
Australian marine systems manufacturer VEEM Limited has executed an agreement with Singapore-based Strategic Marine for the latter to employ small and medium size VEEM gyrostabilisers exclusively on the vessels it builds.
Australian-made ferries to be deployed in Parramatta River in NSW
The NSW government has tapped Richardson Devine Marine Shipbuilders for the construction of seven new Parramatta Class ferries.
Austal unveils new AI toolset DeepMorpher for rapid digital prototyping of ship hulls
Austal Australia has introduced its new artificial intelligence toolset, DeepMorpher, to help its Australian designers explore broader design spaces while significantly reducing resource requirements for complex ship hull optimisation routines.
Defence invests $110m in undersea support vessel for future ops
The Australian Government announced that it has procured a dedicated Undersea Support Vessel for the Australian Defence Force (ADF) in a push to enhance maritime capability.
Austal launches largest ferry built at its Philippines shipyard
Shipbuilder Austal Philippines has delivered the 115-metre, high-speed vehicle-passenger ferry Express 5, the largest ferry constructed by an Austal shipyard.
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Navigating energy price volatility with predictive intelligence
Energy price volatility has become a structural feature of modern electricity markets rather than a temporary disruption. For energy-intensive manufacturers and large commercial operators, fluctuating wholesale prices are reshaping how energy costs are managed, making reactive approaches increasingly inadequate.
