The 25-metre catamarans will be built at Midship Marine in Louisiana, US, for operation in St Thomas in the US Virgin Islands.

They will have capacity for 203 passengers.

The ferries will be powered by a pair of Caterpillar C32 ACERT main engines.

Loaded service speed will be 27 knots.

The company also announced a design deal for a 56-metre dive support vessel for Bhagwan Marine.