Austal signs MOU for Japanese trimaran

Perth-based shipbuilder Austal has signed a memorandum of understanding with JR Kyushu Jet Ferry to develop a new high-speed trimaran passenger ferry for the company’s Japan-to-South Korea route.

Positive results for WA car industry

Western Australia's automotive industry has registered a second straight month of strong growth in new vehicle sales relative to 2016, with solid increases in purchases of light and heavy commercial vehicles in November.

Mining industry concerns over Donhad acquisition

The Australian Competition and Consumer Commission has highlighted mining industry concerns regarding grinding media company Moly-Cop’s proposed acquisition of competitor Donhad in its statement of issues.

Austal, Civmec positive on $4bn naval build

Perth companies Austal and Civmec are looking forward to working on the construction of 10 navy vessels at Henderson but the amount and type of work they will undertake is unclear after the federal government selected Germany's Luerssen as its preferred designer and builder.

Shareholders take legal action against Quintis

Quintis has revealed that a group of shareholders is taking legal action against the embattled sandalwood producer in relation to a supply contract with pharmaceuticals company Galderma.

Austal denies closure threat

Perth-based shipbuilder Austal has denied it sent an update to shareholders signalling the potential closure of its Henderson shipyard, with chief executive David Singleton telling Business News the company was strongly positioned to remain in Western Australia.

Civmec reports $3.5m profit

Engineering and construction contractor Civmec, which plans to list on the Australian Securities Exchange, has reported a quarterly net profit of $S3.7 million ($A3.5 million) and modest growth in its order book.

Aurora signs binding term sheet with WorleyParsons

Shares in Aurora Labs closed nearly 20 per cent higher today after the company signed a binding term sheet with WorleyParsons to use its metal 3D printing technology across a range of industries.