Austal Forms Strategic Partnership with MB’92 (Spain)

MB’92 and Austal announce a strategic partnership to offer leading support services to the superyacht and high speed vessel markets.

As part of this agreement, Austal will commence operations in MB’92’s Barcelona facility.

Austal, leading global shipbuilder and defence prime contractor, and Marina Barcelona 92 (MB’92), the largest shipyard in the Mediterranean specialising in the refit and repair of superyachts, have signed a strategic partnership agreement to offer leading support services to the superyacht and high speed vessel markets.

MB’92 and Austal believe the partnership will unlock significant value for both industries.

As part of this agreement, Austal will provide naval architecture, engineering, aluminium fabrication, welding, pipe work and consultancy at MB’92.

Henk Dreijer, Commercial Director of MB’92 comments: “This partnership is an important step for MB’92 and forms part of the expansion plan of the shipyard. Austal has extensive naval architecture experience and is a leading builder of aluminium vessels for the private, commercial and defence sectors which will benefit our clients and will strengthen our position in the industry.”

Andrew Bellamy, Chief Executive Officer of Austal comments, “Partnering with MB92 is a significant milestone in the growth of Austal’s Global Support Services Business. MB92 is a market leader with world-class facilities and we are absolutely delighted to be working together as strategic partners.”

About Marina Barcelona 92 (MB’92)

Marina Barcelona 92 (MB’92) is a company dedicated to the yacht industry providing service-refit, repair and maintenance works to more than 70 super yachts per year with overall lengths from 35 up to 180 meters.

MB’92 is located in the port of Barcelona, a strategic stop-off point for the yachts on their journey between the Mediterranean and the Caribbean.

With 20 years of activity in the super yacht industry, MB’92 has the experience to undertake any yacht refit operation from start to finish guaranteeing the highest level of quality (ISO 9001, ISO 14001, ISPS).

MB’92 has 100 employees on payroll and subcontracts work to more than 500 professionals, engineers and specialists from local workshops and international firms.

The company’s facilities cover a surface area of 76,000m2 and comprise a 210 meters dry dock, a 2,000 ton Syncrolift® (with a second 4,000 ton Syncrolift® operable in 2013), a 125 meters paint shed, a 150 ton Travelift and docking repair quays with the capacity to berth 8 yachts up to 110 meters in length (and another berthing repair area for 6 yachts up to 200 meters coming in 2012) making it one of the largest super yacht refit facilities in the world.

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Source: Austal, September 5, 2012