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- Austal’s (ASB) joint venture (JV) with Jianglong Shipbuilding has delivered a 42-metre high-speed catamaran passenger ferry to Blue Sea Jet of China
- The joint venture is named Aulong Shipbuilding and was formed in June 2016 in a bid to go after commercial passenger and non-military vessel opportunities in China
- This new ferry, named Xin Hai Chi, was built at Aulong’s shipyard in Zhongshan City, China
- It has the capacity for 272 passengers and will operate in the waters of the Dawan District between Guangdong, Hong Kong, and Macau
- Austal is up 2.15 per cent on the market, trading for $2.85
Austal’s (ASB) joint venture (JV) with Jianglong Shipbuilding has delivered a 42-metre high-speed catamaran passenger ferry to Blue Sea Jet of China.
The joint venture, named Aulong Shipbuilding, was formed in June 2016 in a bid to go after commercial passenger and non-military vessel opportunities in China.
Austal brings its vessel designs to the JV, while Jianglong brings its shipbuilding infrastructure, expertise, and experience.
Source: Aulong Shipbuilding
This new ferry, named Xin Hai Chi, was built at Aulong’s shipyard in Zhongshan City, China.
Additionally, it is the third ship to be designed and constructed for Blue Jet.
The Xin Hai Chi has the capacity to carry 272 passengers over two decks and will operate in the waters of the Dawan District between Guangdong, Hong Kong, and Macau.
“Aulong has quickly developed a strong reputation for delivering China’s best high-speed craft – drawing on Austal’s expertise in commercial ferry design and Jianglong’s local shipbuilding capability,” Austal CEO David Singleton said.
“Our congratulations to Blue Sea Jet on this latest addition to their growing, impressive fleet,” he added.
Austal is up 2.15 per cent on the market and shares are trading for $2.85 each at 1:46 pm AEDT.
