Austal Limited
(ASX:ASB) has announced it has been awarded a contract to build a high speed catamaran for Mols Linien of Denmark.
The contract is worth around $100 million, with construction commencing in Q1 of 2017.
The contract for the commercial ferry is the fourth Austal has booked this month, with the company securing over $400 million in new defence and commercial vessel orders in the past two months.
Austal predicts is will engage more than 350 local design, production and project management employees in the delivery of the Mols contract.
Austal Limited reported a net profit of $16.81 million at 31 December 2015.
