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austal


Tuesday, November 26, 2024
The Damen Landing Ship Transport 100 (LST100) has been selected as the preferred option for the Australian Defence Forces’ Landing Craft Heavy capability, to be constructed by Austal Australia
Shipbuilding

Austal Tapped to Build Australia’s New Heavy Landing Craft

Austal Limited (ASX: ASB) has been selected to construct eight Landing Craft Heavy vessels based on Damen’s Landing Ship Transport 100 (LST100) design.

November 26, 2024
Total Views: 1793

Wednesday, September 25, 2024
Austal USA shipyard
Shipbuilding

Hanwha Abandons Austal Takeover Bid Amid Due Diligence Dispute

Korean conglomerate Hanwha has officially withdrawn its takeover bid for Australian defense shipbuilder Austal, citing insurmountable obstacles in conducting

September 25, 2024
Total Views: 1914

Friday, May 31, 2024
An illustration of Auxiliary General Ocean Surveillance Ship T-AGOS 25 class ocean surveillance ships. Image courtesy Austal USA
Navy

Austal USA Wins $516 Million Contract to Construct Navy Ocean Surveillance Ship

May 31 (Reuters) – Austal Ltd has secured a $516 million contract to construct the lead ship of the United States Navy’s ocean surveillance

May 31, 2024
Total Views: 2994

Monday, April 1, 2024
USS Gabrielle Giffords (LCS 10) rolls out of Austal USA's facility, February 25, 2015. Photo: Austal USA
Shipping

Austal Rejects Takeover Proposal from Hanwha Ocean

By Scott Murdoch and Shivangi Lahiri April 2 (Reuters) – Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($661.9

April 1, 2024
Total Views: 4278

Thursday, November 16, 2023
USS Gabrielle Giffords (LCS 10) rolls out of Austal USA's facility, February 25, 2015. Photo: Austal USA
Defense

Austal Teams Up with Harland & Wolff to Pursue UK Shipbuilding Work

Australian shipbuilder Austal has announced a Memorandum of Understanding (MOU) with Harland & Wolff Group to pursue shipbuilding opportunities in the

November 16, 2023
Total Views: 4801

Tuesday, July 11, 2023
Daewoo Investor Eyes Purchase Of US Navy Shipbuilder
Navy

Daewoo Investor Eyes Purchase Of US Navy Shipbuilder

by John Konrad (gCaptain) South Korean conglomerate Hanwha, valued at $42 billion, is considering a strategic acquisition of Austal, a pivotal player in the

July 11, 2023
Total Views: 31947

Monday, April 10, 2023
Austal to Develop Hydrogen-Powered High-Speed Catamaran for Sweden’s Gotland
Shipbuilding

Austal to Develop Hydrogen-Powered High-Speed Catamaran for Sweden’s Gotland

Australian shipbuilder Austal has signed a Memorandum of Understanding (MOU) with Sweden’s Gotland Company to develop the design of Gotland’s

April 10, 2023
Total Views: 3118

Tuesday, April 4, 2023
Austal Stock Sinks On US Navy Investigation
Navy

Austal Stock Sinks On US Navy Investigation

by Sameer Manekar (Reuters) – Australian shipbuilder Austal sank as much as 8.4% to its lowest level in more than four years on Monday after the United

April 4, 2023
Total Views: 9355

Monday, April 3, 2023
Austal USA shipyard
Defense

Massive Accounting Fraud Uncovered at US Navy Shipbuilder, Three Executives Charged

Indictment reveals multi-year scheme to manipulate financial statements and mislead investors. A federal grand jury indicted three Alabama men on charges of

April 3, 2023
Total Views: 26990

Monday, July 25, 2022
Austal USA to Construct to Two More Navajo-Class Salvage Tugs for U.S. Navy
Defense

Austal USA to Construct to Two More Navajo-Class Salvage Tugs for U.S. Navy

The U.S. Navy has awarded Austal USA with a $156 million contract to construct two additional steel-hulled Navajo-class Towing, Salvage, and Rescue Ships

July 25, 2022
Total Views: 3252

Tuesday, February 23, 2021
Austal USA shipyard
Shipping

Austal USA President Resigns Amid Investigations Into LCS Program

Australian-based shipbuilder Austal has announced the resignation of Austal USA president Craig Perciavalle amid ongoing investigations in the United States

February 23, 2021
Total Views: 11597

Friday, October 25, 2019
Auto Express 115 austal
Shipping News

Austal to Build Biggest Ferry for Molslinjen

Western Australia-based Austal has won an order to build a 115-meter high-speed catamaran for Danish ferry operator Molslinjen. The vessel will be the largest

October 25, 2019
Total Views: 96

Wednesday, October 9, 2019
subic bay
Shipping News

Austal, Cerberus Team Up in Possible Bid for Hanjin’s Philippine Shipyard

MANILA, Oct 9 (Reuters) – Australian shipbuilder Austal Ltd and U.S. private equity firm are considering a joint bid for a strategically located but

October 9, 2019
Total Views: 108

Thursday, June 30, 2016
Austal Halts Trading Amid Review of U.S. Business
News

Austal Halts Trading Amid Review of U.S. Business

Australian shipbuilder Austal Ltd. has halted trading of its shares pending an announcement concerning a review of its U.S. business. The trading halt of its

June 30, 2016
Total Views: 89

Thursday, May 5, 2016
Austal Pacific Patrol Boat Replacement Design
News

Australia Awards Austal $208 Million Pacific Patrol Boats Contract

SYDNEY, May 5 (Reuters) – Australia signed a A$280 million ($208.8 million) contract with naval shipbuilder Austal Ships Pty on Thursday for 21 patrol

May 5, 2016
Total Views: 33

Thursday, August 13, 2015
Austal Delivers LCS 6 to U.S. Navy
News

Austal Delivers LCS 6 to U.S. Navy

Alabama-based aluminum shipbuilder Austal Limited has successfully delivered the Littoral Combat Ship 6 (LCS 6), the future USS Jackson, to the U.S. Navy, a

August 13, 2015
Total Views: 28

Tuesday, March 17, 2015
condor liberation
News

Austal-Built Rocketship “Condor Liberation” Arrives in Guernsey

The Austal-built trimaran ferry Condor Liberation arrived yesterday for the first time into Guernsey’s St. Peter Port harbor to begin mooring trials in

March 17, 2015
Total Views: 231

Wednesday, September 17, 2014
usns fall river jhsv austal
Defense

U.S. Navy Accepts Delivery of Fourth Joint High Speed Vessel

The Navy recently accepted delivery of the fourth Joint High Speed Vessel (JHSV), the future USNS Fall River, from Austal USA.  This ceremony was marked on

September 17, 2014
Total Views: 111

Thursday, August 29, 2013
lcs littoral combat ship austal
Defense

LCS 4 Completes U.S. Navy Acceptance Trials

Austal Shipbuilding announced today that their second Independence-variant Littoral Combat Ship, the Coronado (LCS 4) successfully completed Acceptance Trials

August 29, 2013
Total Views: 21

Monday, July 1, 2013
westpac express
Defense

U.S. Navy Extends Charter of Austal Catamaran, WestPac Express

The charter of the Austal high speed vessel WestPac Express has been extended for a further six months by the United States Navy’s Military Sealift

July 1, 2013
Total Views: 107
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