Gov. Gwendolyn Garcia has justified her plan to transfer the Cebu Provincial Capitol from its present location in Cebu City ...

South Korea’s Hanwha wants a bigger piece of Austal as it carries out top-secret work for the US Navy and emerges as a key player in AUKUS. Hanwha has laid siege to ­Austal’s share register ...

Shipyard worker at the Austal USA yard in Mobile, Ala., looking on Independence-class Littoral Combat Ship Augusta (LCS-34). USNI News Photo A South Korean shipbuilder this week purchased a stake ...

Austal chairman Richard Spencer says he does not believe Hanwha can add value to the Perth-based shipbuilder but nonetheless has agreed to meet with the South Korean company next week. He added that ...

Korea's Hanwha aims to buy up to 9.9% of Australian shipbuilder Austal in an after-market offer following its failed A$1.02 billion ($646.17 million) takeover bid last year, a term sheet showed on ...