Navy Shipbuilder Austal Limited Needs A New Owner Or Lots More Cash

[ad_1] For the past five months, Austal Limited, the corporate parent of Alabama’s struggling U.S. naval shipbuilder, Austal USA, has reportedly been shopping for a corporate buyout. And yet, despite…

Largest Dutch shipbuilder sues government over Russia sanction losses – Modern Diplomacy

[ad_1] Dutch company seeking compensation in case against government. ‘Damen’ says it ‘suffers damages’ as a result of sanctions, Bloomberg informs. The Netherlands’ largest shipbuilder is suing the Dutch government…

Shipbuilder Austal Executives Accused of Inflating Earnings

[ad_1] MONTGOMERY, Ala. (AP) — Three current and former former executives of a shipbuilder that constructs vessels for the U.S. Navy have been indicted on accounting fraud charges accusing them…

Canada’s Davie is in Exclusive Talks to Buy Helsinki Shipyard

[ad_1] Davie is in talks to buy Helsinki Shipyard (Helsinki Shipyard file photo) Published Mar 27, 2023 1:55 PM by The Maritime Executive Finland’s Helsinki Shipyard reports it has granted…