Austal (ASX:ASB) is pleased to advise that it has delivered Cape Inscription, the second Cape-class Patrol Boat for the Royal Australian Navy (RAN).
The Australian Defence Vessel (ADV) Cape Inscription is the tenth Cape-class designed and constructed by Austal. Cape Inscription joins Cape Fourcroy, which was delivered to the Navy in April 2017 and a further 8 Capes delivered to the Australian Border Force between 2013 and 2015.
Austal Chief Executive Officer David Singleton said the delivery confirmed Austal’s position as Australia’s preeminent patrol vessel builder, with 32 deliveries in total to the Commonwealth since 1998.
“Austal is proud to have delivered Australia’s entire border patrol capability over the past 19 years, through the Bay, Armidale and Cape-class patrol vessels. This work has enabled us develop an unrivalled local shipbuilding capability – we have a highly motivated and competent workforce and a comprehensive supply chain from across Australia. ” Mr Singleton said.
“With the delivery of Cape Inscription and construction of 19 steel Pacific Patrol Boats underway, we are now preparing for both the Offshore Patrol Vessel (OPV) and Future Frigate projects, which are due to commence next year,” he added.
Austal has partnered with German shipbuilder and designer, Fassmer for the Australian Government’s OPV contract and recently announced a new design office in Adelaide, South Australia to support this project. This joint-venture partnership is dedicated to providing the best capability and build solution for the Australian Government.
Since 1998, Austal has delivered 74 patrol vessels, including 24 exported to 5 countries. The company continues to pursue export opportunities for platforms, such as the Cape-class and new markets for vessels like the Pacific Patrol Boat.
(Austal)