Andrew Forrest buys bootmaker R.M. Williams

Iconic Australian bootmaker R.M. Williams has been brought back to Australian ownership with its purchase from a private equity firm by Western Australian iron ore mining couple Andrew and Nicola Forrest. The couple’s Tattarang investment arm bought the firm bought the business for a reported $190 million from the world’s largest consumer-focused private equity firm,…

First local manufacturing package issued in Attack Class submarine milestone

The first local manufacturing package’ for specialised submarine parts has been issued to Australian manufacturers by France’s Naval Group, the builder of Australia’s new Attack class submarines. The package, an expression of Interest (EOI) is a major milestone for Naval Group and Australian defence industry, and came the same day the company’s new Port Adelaide…

Behind the machine: VIKAL International’s Sleek Superyacht Tender Powerhouse

Lynden Vikingur is a third generation boat builder. Stemming from a family of Icelandic shipwrights, his father, Gunnar, carried the boat building lineage into Australia when he arrived on it’s shores at the age of 16. After working as a boat builder in Western Australia for several years, Gunnar Vikingur founded what is now VIKAL International, a bespoke superyacht tender powerhouse catering to the world’s most affluent and wealthy.

Three SMEs join in Hunter class frigate build

Three new SMEs have signed up with Adelaide’s ASC Shipbuilding and will join in the important prototype phase of the construction of Australia’s new Hunter class frigates. Adelaide Profile Services, Intertek’s Adelaide Inspection Services and NSW-based Sofraco will work with Osborne-based ASC Shipbuilding, which is owned by prime contractor BAE Systems Australia. Adelaide Profile will…