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Luerssen Creates Shipbuilding JV

Photo: Lürssen Shipyards

Aiswarya Lakshmi

One of the world's leading shipbuilders, Luerssen, has teamed with Australian engineering and construction firm Civmec to create a new force in naval shipbuilding and exports.

The joint venture, Australian Maritime Shipbuilding & Export Group (AMSEG), will partner Luerssen Australia, the prime contractor and designer for the Australian Government's Offshore Patrol Vessel program, with West Australian-based Civmec, soon to list on the Australian Stock Exchange.
It is intended that AMSEG will play a significant role in the build of ten OPVs in Henderson, Western Australia and in driving an export shipbuilding business that will target opportunities around the region.
The joint venture will be chaired by one of the nation's foremost naval experts, former Chief of the Navy, Vice Admiral (ret) Chris Ritchie.
"This new company will be governed by an Australian board and operate under Australian management to build world class naval vessels in best practice Australian shipyards," Vice Admiral (ret) Ritchie said.
"We will invest in Australian skills and infrastructure and transfer expertise from SEA1180 prime, Luerssen Australia, to develop capability and support the foundation of a sustainable naval shipbuilding industry that is able to export to the global market."
Executive Chairman of Civmec and AMSEG Director, Jim Fitzgerald, said the formation of the new company was further evidence of the commitment the SEA1180 industrial team had made to materially growing Australia's shipbuilding industry.
"This is a huge step forward for Australia's shipbuilding industry. It is an exciting development that will fully underpin the development of the new state of the art shipbuilding facility at Civmec's Henderson headquarters," Mr Fitzgerald said.
Mr Fitzgerald's comments were echoed by Tim Wagner, Managing Director of Luerssen Defence and AMSEG Director.
"Luerssen has always believed in the vision of the Australian Government's Naval Shipbuilding Plan and wanted to not only be a part of it, but to help make it a reality."
"We set up Luerssen Australia in May 2017, today we have announced this important joint venture and later this year we will open applications to our program which will fund scholarships and apprenticeships for aspiring Australian shipbuilders. The future of Australian naval shipbuilding looks bright," Mr Wagner said.

May 28, 2018

 

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