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Austal opens Marine Support Base in Henderson, WA
Friday, 04 May 2012 10:24

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To meet the growing demand for its marine services and facilities, Austal has officially announced the opening of its Marine Support Base in Henderson, Western Australia.

Located adjacent to Austal’s Henderson shipyard, the Henderson Marine Support Base provides comprehensive refit, repair and maintenance services to private, commercial and defence operators. The site boasts four 90 metre berths, six sheds ranging between 85 and 120 metres in length, workshop and fabrication facilities, 11,200 square metres of hardstand and capacity to lift vessels up to 1800 tonnes.

Regional Service Manager Beau McCormack said: “We have unique facilities and extensive in-house capabilities and this is becoming of increasing interest to a market that is highly constrained, especially in the defence and oil and gas sectors.

“The comprehensive nature of our business has also attracted the interest of the resources and oil and gas industries who we work with locally and in the North West of Australia. With our engineering, fabrication, welding and modular manufacturing capability, we have built accommodation units, industrial cooling towers and more,” he added.

The launching of Austal’s existing site as a dedicated Marine Support Base is a continuation of the company’s regionalisation strategy which involves providing local services to local operators. Chief Operating Officer – Systems and Support, Charles McGill said: “We are committed to serving our customers in the region. The Henderson Marine Support Base complements our facilities in Darwin, Singapore and the Philippines, offering a truly comprehensive solution to the defence, commercial, and oil and gas markets within the Asia-Pacific region.”

AUSTAL LTD FPO
 
ASB.AX
Ask: N/A   Bid: N/A  
Book Value: 1.039   Change: +0.010 Variation 
Trade Date: -   EPS Estimate Current Year: 0.070  
52-week Low: 1.320   Annualized Gain: -  
Market Capitalization: 240.6M   Change From 52-week Low: -0.625  
Percent Change From 52-week High: -70.43%   High Limit: -  
Change From 200-day Moving Average: -0.9363   Percent Change From 50-day Moving Average: -50.40%  
Open: 0.680   Change in Percent: +1.46% Variation 
Ex-Dividend Date: 16-Sep-11   Price/EPS Estimate Next Year: 5.27  
Short Ratio: N/A   Ticker Trend:  ======   
Holdings Value: -   Day`s Value Change: - - +1.46%  
Dividend Yield: N/A   Commission: -  
Dividend/Share: 0.000   Earnings/Share: 0.101  
EPS Estimate Next Year: 0.130   Day`s Low: 0.675  
52-week High: 2.350   Holdings Gain: -  
Percent Change From 52-week Low: -47.35%   Last Trade (With Time): 2:10am - 0.695  
Low Limit: -   50-day Moving Average: 1.4013  
Percent Change From 200-day Moving Average: -57.39%   Previous Close: 0.685  
Price/Sales: 0.31   P/E Ratio: 6.78  
PEG Ratio: 1.05   Last Trade Time: 2:10am  
1 yr Target Price: 1.530   EPS Estimate Next Quarter: 0.000  
Day`s High: 0.700   Holdings Gain Percent: - - -  
EBITDA: 37.2M   Change From 52-week High: -1.655  
Last Trade (Price Only): 0.695   Day`s Range: 0.675 - 0.700  
200-day Moving Average: 1.6313   Change From 50-day Moving Average: -0.7063  
Price Paid: -   Price/Book: 0.66  
Dividend Pay Date: N/A   Price/EPS Estimate Current Year: 9.79  
Volume: 37539   52-week Range: 1.320 - 2.350  
Stock Exchange: ASX