
Hanwha cleared to take 19.9% of Austal
Hanwha Group has been authorised to lift its stake in Austal to 19.9%, overtaking Tata Rang Ventures’ 19.28% holding and becoming the Australian defence shipbuilder’s largest shareholder.

Hanwha Group has been authorised to lift its stake in Austal to 19.9%, overtaking Tata Rang Ventures’ 19.28% holding and becoming the Australian defence shipbuilder’s largest shareholder.

HD Hyundai Heavy Industries has launched its first U.S. Navy vessel overhaul project in Ulsan, signaling deeper defense and shipbuilding cooperation between South Korea and the United States.

HD Hyundai Heavy Industries has deepened ties with Malaysia’s navy through a maritime cooperation forum, signaling its ambition to expand in Southeast Asia’s defense shipbuilding market.
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