Australian shipbuilder Austal said on Tuesday that Hanwha Group had offered to buy its U.S. operations for up to $1.20 billion as the South Korean conglomerate seeks to expand in the American defence market.Austal shares rose more than 16%, logging the…
Hanwha Makes $1.2B Offer for Austal USA Read More »
The 40,000-dwt newbuildings form part of the company’s fleet renewal programme
Uni-Asia ends 13-year ordering drought with two handysize bulkers at Japanese yard Read More »
Training Ship State of Maine, the third of five National Security Multi-Mission Vessels built for the U.S. state maritime academies, seen at Maine Maritime Academy in Castine, Maine.
Ship Spotter: Training Ship State of Maine Read More »
The Australian Submarine Agency (ASA) has awarded Lockheed Martin a two‑year AUD$26.5 million ($18.7 million) contract to create a sovereign Combat Systems Integration (CSI) capability for Australia’s future Virginia‑class submarines under the…
Lockheed Martin Awarded Combat Systems Contract for Australian Submarines Read More »
The U.S. government has sold for scrap two sanctioned oil tankers that were seized in the days after Washington’s raid on Venezuela, Lloyd’s List reported on Monday.Dubai-headquartered vessel recycling firm Global Marketing Systems purchased the tanker…
US Sells Seized Tankers for Scrap Read More »