Australian builder Austal Ships has formed a separate company to market its computerised ride control system to high-speed ship operators and builders. Austal's new company, Seastate, started trading on November 1 and is poised to build a multi-million dollar global business from selling ride control and possibly, at a future date, other high-tech specialist ship systems. The ride control systems, which reduce sea sickness for passengers by substantially reducing motion levels of high-speed craft, have been installed in 39 Austal-built vessels since 1992.
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