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News: ASB Austal re-enters Chinese domestic ferry market with JV

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    June 7 (Reuters) - Austal Ltd (ASB) :

    • Says signed an agreement to form a jv with Guangdong jianglong shipbuilding

      company (jianglong shipbuilding) of Zhuhai, China

    • Re-entering the Chinese ferry market to design and build the next generation

      of high speed passenger ferries serving domestic routes

    • Co's intention that aulong jv will service Chinese market, while other

      international ferries are manufactured at co's operations in Philippines

                        
 
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