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==History== {{More citations needed|section|date=August 2024}} [[File:The Zinc Works and Incat.jpg|thumb|upright=2|Incat's [[Hobart]] shipyard (to the right)]] [[File:Francisco Dársena Norte - 01.jpg|thumb|The 99m wave piercing catamaran [[HSC Francisco|HSC ''Francisco'']], delivered by Incat in 2013: the world's fastest ship in commercial service]] The company began in 1972 as the Sullivans Cove Ferry Company in suburban [[Hobart]] and built four small ferries before International Catamarans was formed in 1977 by a partnership between founder [[Bob Clifford]] and marine architect [[Philip Hercus]]. This partnership created plans for what was probably the first large [[wave piercing]] catamaran in the world. However the partnership was dissolved in 1988 with Clifford remaining in Hobart trading as Incat Tasmania while Hercus returned to [[Sydney]] to establish Incat Designs (Sydney), a design-only company that became [[Incat Crowther]] after a merger in 2005. Incat Crowther has no association with Incat Tasmania and its ships are built by other companies. Incat Tasmania has its own in-house design company, Revolution Design.<ref>[https://incat.com.au/incat-profile/ Company Profile] Incat</ref> In 1989 Incat Tasmania moved to its present location on [[Prince of Wales Bay]], which allowed it to build larger ships, and in 1990 Incat delivered its first 74-metre fast catamaran ferry. At the same time, several other companies also began to build large aluminium vehicle carrying ferries. This new type of ship was revolutionary and over the next decade fast cats replaced most hydrofoil and hovercraft services as well as many [[monohull]] ferries. The success of this new type of ferry led to other shipbuilders around the world using their yards to build large vehicle carrying aluminium catamarans. However many ferry operators preferred traditional monohull designs and the limited market for fast cats became crowded with manufacturers bidding low to keep their shipyards working. In August 2024, Incat purchased 12 hectares of land from [[Norske Skog]] to build a second shipyard on part of the [[Boyer Mill]] site.<ref>[https://incat.com.au/incat-to-double-capacity-with-new-site-and-shipbuilding-facility/ Incat to double capacity with new site and shipbuilding capacity] Incat 29 August 2024</ref><ref>[https://web.archive.org/web/20240829103203/https://pulsetasmania.com.au/news/incat-to-build-new-shipyard-in-derwent-valley-to-meet-demand-for-electric-vessels/ Incat to build new shipyard in Derwent Valley to meet demand for electric vessels] ''[[Pulse Tasmania]]'' 29 August 2024</ref><ref>News in Brief ''[[Ships Monthly]]'' October 2024 page 6</ref>
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