Aug 17 (Reuters) - Austal Ltd (ASB) :
- Austal wins first ferry contract in new Chinese jv (ASB)
- Award of first ferry contract to aulong shipbuilding, a joint venture company by Austal and guandong jianglong shipbuilding of Zhuhai, China
- Says construction of the vessel is anticipated to commence in October 2016, with delivery scheduled for October 2017
- Aulong shipbuilding has been awarded a A$10 million (RMB49.99 million) contract
- Will not contribute to overall group earnings and will require some modest capital expenditure by aulong shipbuilding"
News: ASB Austal wins first ferry contract in new Chinese JV
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