Austal announces US$97.7 million agreement with Govt for catamaran

Australian shipbuilders, Austal, says it expects its new Vietnam shipyard will turn a first-year profit after it booked a $97.7 million contract to deliver a high-speed catamaran for Trinidad and Tobago.

The announcement was made in Australia December 4. 

The 94-metre passenger and vehicle catamaran, to be delivered in mid-2020, will provide a daily service on the key route between the islands of Trinidad and Tobago.

It will be able to carry 926 passengers and 250 cars at speeds of 37.5 knots.