The fast ferry builder Austal Ships, of Henderson, Western Australia, has won its first commercial vessel contract in Taiwan.
The AU$44mn contract is for two 550 passenger, 50m high speed catamarans for the Brave Line. The contract includes an option for a third vessel of the same design.
The two catamarans will be designed by Austal in Australia and built at its shipyard in the Philippines.
Austal plans to expand its Philippines shipyard through a US$30mn investment.