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In September 1977 the first high speed catamaran was launched at Prince of Wales Bay in Tasmania, 200 metres from our partner's present site. The Prince of Wales Bay facility includes the original assembly hall, Inches, now used for prefabrication of much of the vessel structure, including centre bow, wave piercers, jet rooms, engine rooms and fuel voids. Shell plate and vehicle decking are also prefabricated at the Inches shed. The Coverdales construction facility is currently capable of manufacturing at a rate of five vessels per year. The unique and innovative assembly line facility enables the launching and delivery of vessels on time and on budget. A new drydock, Wilson, is on schedule to be finished in the year 2000. The drydock will facilitate construction of the 120m wave piercer design, and eventually 150m wave piercing catamarans will be built at the site.