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BRIEF-Austal re-enters Chinese domestic ferry market with JV

Published 07/06/2016, 03:30 pm
Updated 07/06/2016, 03:40 pm
© Reuters.  BRIEF-Austal re-enters Chinese domestic ferry market with JV
ASB
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June 7 (Reuters) - Austal Ltd ASB.AX :

* 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

* Source text for Eikon ID:nASX8zBCbk *

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