Exports build on fast ferry credentials
Article Abstract:
Western Australia has considerably expanded its fast-ferry building industry with incentives given by the government. The region has been known for its wave-piercing catamarans and conventional catamaran passenger ferries which are exported to the UK, China and other countries. Western Australian ferry exports have reached about $113 million in 1991-92. The federal government gives assistance in the form of bounties wherein shipbuilders committed to invest in the industry and those providing significant employment are provided subsidies.
Publication Name: Motor Ship
Subject: Transportation industry
ISSN: 0027-2000
Year: 1993
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Equipment buoyant
Article Abstract:
The success of Finnish shipbuilder Kvaerner Masa-Yards overseas has also positively affected other areas of the industry such as marine equipment suppliers. MacGregor, a supplier of cranes, hatches and roro equipment posted revenues of $460 million for 1996 from exports to Europe, Asia, and North America. Aquamaster-Rauma's outlook also seems positive with orders for its azimuth thrusters for drilling rigs and vessels in international markets.
Publication Name: Motor Ship
Subject: Transportation industry
ISSN: 0027-2000
Year: 1997
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KM-Y cruises to higher profits
Article Abstract:
Finnish shipbuilder Kvaerner Masa-Yards (KM-Y) plans to further improve its profitability and boost its profits revenues through shipbuilding contracts for its Helsinki and Turku shipyards until the year 2001. The company $156.5 million in revenues in 1996. KM-Y's recent contracts include construction of three 130,000g cruise ships for Royal Caribbean at its Turku New Shipyard and two 70,400g cruise ships for Carnival Cruise by 1998.
Publication Name: Motor Ship
Subject: Transportation industry
ISSN: 0027-2000
Year: 1997
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