US Navy Shipbuilder’s Stock Jumps in Sydney as Hanwha Buys Stake
Shares of Australian shipbuilder Austal Ltd. climbed after a unit of Hanwha Aerospace Co. became a substantial shareholder of ...
Hanwha eyes US shipbuilding growth with more stake in Austal
Energy-to-defense giant set to become largest shareholder of key vessel supply to US Navy South Korean conglomerate Hanwha ...
USNI News5d
South Korean Shipbuilder Hanwha Buys 9.9% Stake in Australia’s Austal
A South Korean shipbuilder this week purchased a stake in the Australian company that owns one of the major U.S. naval ...
Stars and Stripes11d
South Korean shipyard finishes its first major repair on a US Navy vessel
The USNS Wally Schirra, a U.S. Navy dry cargo ship, departed a South Korean shipyard this week after a seven-month overhaul, ...
US Navy is Austal’s best defence as South Korea’s Hanwha looms
The US Navy is an inescapable presence for Austal’s board and management as it strategises how to coexist with its ...
Naval News11d
Hanwha Ocean completed its first MRO on US Navy ship
The U.S. Navy's dry cargo and ammunition ship Wally Schirra, the first vessel awarded to a Korean company for maintenance, ...
South Korea’s Hanwha launches after-market raid on shipbuilder Austal
The conglomerate had walked away from the Perth-headquartered company in September. It was in the market for 9.9 per cent of ...