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Liferaft Systems Australia Awarded Significant Contracts

Tasmanian company Liferaft Systems Australia (LSA) are pleased to announce that in recent weeks they have signed a number of international contracts to supply Marine Evacuation Systems (MES) for vessels under construction across the world.

A MES contract has been placed to supply MES for 2 x vessels which will be built in USA for a USA operator, with the first ship launched in 2022. Both ships will have LSA 20m slide MES installed.

The second contract has been placed by a shipyard in Asia to supply the MES for a large high-speed passenger / vehicle ferry which will operate in Europe. This vessel will be fitted with LSA 22m slide MES and a number of additional 100-person liferafts.

The third contract has been placed by a shipyard in Turkey to supply MES for a Ro-Pax ferry which will operate in Scandinavia. This vessel will be fitted with 14m slide MES and additional 128-person liferafts.

The fourth contract recently secured is to supply 20m MES for a vessel under construction in Poland for a North American ferry operator.

Managing Director of LSA Mike Grainger said today “we are very pleased that LSA MES has been chosen by international shipyards and ship owners for these five vessels, highlighting the diversity and importance of export contracts which bring export dollars into Tasmania”.

“The contracts to supply the MES for these vessels is valued at more than $4.8 million dollars and continues to strengthen the order book at LSA whilst providing a positive outcome for our 70 plus employees into the foreseeable future. All of the MES and large capacity liferafts will be designed and built at our Hobart facility for delivery in 2021, 2022 and 2023” Mr Grainger said.

LSA Business Manager Mollie Grainger continued: “our current order book is full for the next 3 years with contracts to provide our MES for passenger ferries, navy ships and super yachts all over the world, with deliveries scheduled out to 2027.

Direct exports amount to 95% of our business, with 100% of design and manufacturing done right here at our production facility in Hobart”. “We are also in the final stages of negotiation for some very significant contracts for delivery through to 2030 and beyond, which will further strengthen our position as the world’s leading supplier of MES for the global market”.

Jul 30 2020


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