AN ANNOUNCEMENT by the Prime Minister of Trinidad and Tobago that the country is to buy a fast ferry from Austal has been welcomed by management of the Western Australian company.
Prime Minister Keith Rowley has been quoted in the media confirming his Cabinet had authorised the purchase.
“Austal looks forward to negotiating and resolving terms for the purchase of this vessel as quickly as possible,” Austal said in a statement.
“In the meantime, this initial announcement will trigger the release of a down payment which will allow design of the vessel to commence and for initial long lead materials to be procured.”
The vessel is to be a 94metre high speed catamaran for operation on the sea bridge between Trinidad and Tobago.
This vessel is expected to be a variant of the two 109metre high speed catamarans currently in production at Austal.
Other details are still to be released.
Contract finalisation is not expected for several weeks.