International shipbuilder Austal has been awarded a $295 million contract to build a 15th Expeditionary Fast Transport (EPF) (pictured) for the US Navy at its yard in Mobile Alabama. The Perth company has delivered 12 of the Spearhead class vessels which are based on a 103-metre twin-hulled ferry design, and feature an 1,800 square metre…
Comment by Peter Roberts With Brisbane now in the box seat to secure the 2032 Olympic Games the usual whinges have been aired about cost and the priorities of the Queensland government. But there is more than just once-off television rights to be earned, with Sydney 2000 creating numerous ongoing business opportunities from making venue…
Bisalloy’s armour plated half year Wear and armour steel producer Bisalloy boosted its earnings before interest, tax, depreciation and amortisation by 42 per cent in the half year to December 31 to $6.7 million. Margins were boosted with the positive result of anti-dumping measures against its main import competitor, however that company has been working…
China’s punitive trade action against Australia is starting to impact manufacturing with its ban on importing Australian thermal coal cutting sales for explosives and chemical group Orica. The company said in a market update that diminished coal mining activity was flowing through to its explosives business, which will suffer losses between $70 million and $80…