The company aims to officially launch the wind-powered trimaran cargo ships in 2025, with a rollout date sometime in 2026. The ships are being built at Australia's Austal shipping yard ...

SUMMARY:• H1 growth in earnings strongly supports full year EBIT guidance- Revenue of $825.7 million (FY2024 H1: $717.7 ...

Austal Limited (ASX: ASB) is pleased to announce Austal Australasia has been awarded a contract valued between A$265 and A$275 million by Gotlandsbolaget of Sweden, for the design and construction ...

Yet, here we are on Tuesday. West Australian shipbuilder Austal has donned the hard hat, seeking to raise about $200 million and sell another $40 million worth of shares owned by its ageing ...

Gift 5 articles to anyone you choose each month when you subscribe. Austal, the ASX-listed shipbuilder that attracted four suitors over 2023 and 2024 but couldn’t pin down a bid, was rattling ...

The Forrest family, through their private company Tattarang, own 19.9 per cent of Austal and committed to taking up their pro-rata share in the raising at a cost of more than $40m. Tattarang boss ...

It comes as Austal’s founder, John Rothwell, sells shares, offloading $50m of shares, should the deal be fully subscribed, and the remaining shares will be subject to a six month escrow arrangement.

Followed categories will be added to My News. The Forrest family, through their private company Tattarang, own 19.9 per cent of Austal and committed to taking up their pro-rata share in the ...