Austal Reports Record Profit

Australian based ship building company Austal has announced record revenue and record earnings for the year ending June 30, 2015.  Their net profit after tax stands at AU$53.2 million (US $37.9 million), which is a 66.8 per cent increase on the 2014 financial year. Austal attributed the result to a generated revenue of $1.41 billion, …read more

Indian Ferry Capsizes

  Eight people were feared drowned and many others injured after a passenger boat overturned on route to Vypin from Fort Kochi in the southwestern Indian state of Kerala. The incident took place when the ferry hit a fishing boat near Kamalakkadavu, reports said. According to some reports, there were more than 30 people on …read more

Carus Acquires Two Companies

 Carus, the Finnish supplier of consumer facing software for the ferry industry continues to grow rapidly and has purchased Quintek Systems in England and MNC Marine in Finland. With the purchase of the retail specialist Quintek Systems ( ) Carus establishes itself in the United Kingdom with two offices, in London and Leeds, and opens …read more

Hybrid Ferry for The Netherlands

Spanish shipbuilder Construcciones Navales del Norte – La Naval has launched the 135 m ferry Texelstroom for Netherlands operator Royal N.V. Texels Eigen Stoomboot Onderneming (TESO).  The 1,750 passenger, 350 vehicle vessel marks the Basque shipyard’s ferry market debut —and it is entering the segment with a technically sophisticated ship featuring a hybrid propulsion system, …read more