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Philly Shipyard and HD Hyundai Sign MOU for Cooperation on US Shipbuilding

South Korea’s HD Heavy Industries is continuing its push to expand its international military work with an announcement that it plans to explore a po. ....

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HD Hyundai, Hanwha compete to export naval ships to Five Eyes

HD Hyundai Heavy Industries (HHI) and Hanwha Ocean have intensified competition to expand their presence in the rapidly growing global naval ship market, according to industry officials, Friday. ....

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Austal leaves door ajar in takeover bid from Hanwha Ocean

The South Korean shipbuilder could help elevate the profile of Australia's shipbuilding capabilities, argues Australia-based naval analyst Jennifer Parker. ....

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Hanwha Ocean seeks to acquire Australian naval shipbuilder

Hanwha Ocean is moving to acquire Australian defense shipbuilder Austal, as part of its strategy to expand its presence in the global defense market and achieve further growth. ....

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Austal Rejects Unsolicited Offer from Hanwha Citing Regulatory Uncertainty

Australian shipbuilding Austal is confirming in a statement Tuesday morning from its Perth headquarters that it received a takeover proposal from Sou. ....

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