AUSTAL: THE PHILIPPINES DELIVER 118 METERS OF HIGH-SPEED TRIMARAN FERRY TO FRED. OLSEN EXPRESS

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COMPANY ANNOUNCEMENT

OCTOBER 5, 2021


AUSTAL PHILIPPINES DELIVERS 118 METERS HIGH SPEED TRIMARAN FERRY AT FRED. OLSEN EXPRESS

Austal Limited (ASX: ASB) is pleased to announce that Austal Philippines has delivered Bañaderos Express (Austal Hull 395), an Austal Auto Express 118 high speed trimaran ferry, to Fred. Olsen Express from the Canary Islands.

This delivery marks the completion of the A $ 190 million contract for two trimarans, announced in December 2018. The first vessel, the Bajamar Express (Austal Hull 394) was built by Austal Australia and delivered in July 2020.

Captain Juan Antonio Rojas and the crew of Bañaderos Express officially accepted the ship from Austal Philippines President and CEO Wayne Murray in a COVID-safe ceremony held at the Shipyard of the company in Balamban, Cebu.

Austal Limited CEO Paddy Gregg has announced the delivery of Bañaderos Express to Fred. Olsen Express underlines the continued popularity of the trimaran platform with operators and the proven ability of Austal Philippines to deliver large, high quality vessels.

“Fred. Olsen Express was the first ferry operator in the world to see the unique value of the Austal trimaran’s hull for providing a superior customer experience, operating the 127-meter Benchijigua Express since 2005. Now with Bajamar Express and Bañaderos Express , they have two other trimarans which further improve their offer to customers and enable the world’s first dedicated trimaran service in the Canary Islands, ”said Mr. Gregg.

“Our warmest congratulations go to Andrés Marín and the Fred. Olsen Express team on the delivery of their third trimaran and indeed the fifth Austal high speed ferry to join their fleet.

“With the handover of Bañaderos Express, Austal Philippines has once again demonstrated its proven ability to safely and efficiently deliver large and complex multiple vessel programs in accordance with Austal’s renowned quality standards, even under the most demanding circumstances. difficult.

Austal Philippines President and CEO Wayne Murray again thanked his team for their commitment to safety and productivity in the delivery of Bañaderos Express in the harsh COVID-19 environment, and noted the importance of the ship as the 20th ship built by the shipyard.

“Bañaderos Express is a real milestone for Austal Philippines as it is the 20th ship built here at the Balamban shipyard since our opening in 2012. In just ten years, our team has built 18 catamarans and two trimarans, including the two more large high speed ferries. never built in the Philippines, for operators located around the world, ”said Murray.

“This Bañaderos Express delivery is even more important, given the difficult COVID-19 environment in which we have operated over the past two years. Austal Philippines has been successful in maintaining productivity, while ensuring the safety of our team during the pandemic.

Following childbirth, Fred. Olsen, SA CEO Andrés Marín thanked the Austal Philippines team for their remarkable efforts in building Bañaderos Express, which Fred continues. Olsen Express’s commitment to providing passengers with superior comfort and stability in the Canary Islands.

“With the addition of Bañaderos Express, Fred. Olsen Express has a unique fleet which now includes three trimarans, providing the best high speed ferry experience for our customers,” said Mr. Marin.

“Following the successful introduction of its sister ship, the Bajamar Express, which has been recognized by the Royal Institute of Naval Architects in the UK as one of the significant ships of 2020, we are delighted to add this new vessel to also impressive and environmentally friendly to our schedule and look forward to welcoming passengers on board very soon. ”

Capable of carrying 1,100 passengers and 276 cars at a cruising speed of over 37 knots, the new ferries from Fred. Olsen Express has top-notch indoor amenities and facilities including several bars, kiosks, a retail store and a children’s play area.

Following the ship’s maiden voyage from the Philippines to the Canary Islands, Bañaderos Express will join Bajamar Express to offer a dedicated trimaran service on the route between Santa Cruz, Tenerife, and Agaete, Gran Canaria, starting in the fourth quarter of 2021.

This ASX announcement has been approved and cleared for publication by Patrick Gregg, CEO of Austal Limited.

Austal Philippines President and CEO Mr. Wayne Murray (seated, left) congratulates Captain Juan Antonio Rojas de Fred. Olsen Express (seated, right) at the official handover of the Bañaderos Express, held aboard the ship in Balamban, Cebu (Image: Austal Philippines).

Austal Philippines delivered the second of the two 118-meter trimarans to Fred. Olsen Express; the Bañaderos Express, from the company’s shipyard in Balamban, Cebu (Image: Austal Philippines)

– ENDS –

Media contact:

Cameron Morse, FTI Consulting

+61 433 886 871

[email protected]

Disclaimer

Austal Limited published this content on 04 October 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 05 October 2021 12:40:50 AM UTC.


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