Announcement of Trinidad and Tobago to order a fast ferry

Austal looks forward to negotiating and resolving terms for the purchase of this vessel as quickly as possible. In the meantime, this initial announcement will trigger the release of a down payment which will allow design of the vessel to commence and for initial long lead materials to be procured, Austal said. The vessel will be a 94m-long high-speed catamaran for operation between the islands of Trinidad and Tobago. This vessel is a variant of the two 109m-long high-speed catamarans currently under construction at Austal. Other details have not been released at this time. Contract finalisation is not expected for several weeks.