Australian shipbuilder Austal is progressing plans to acquire a strategic shipyard in the Philippines that the government in Manila wants to be a key asset in the country’s naval shipbuilding operations.

The development coincides with the company’s efforts to sell its business in China to focus, in part, on expanding its profile in Southeast Asia.

Australia’s ambassador to the Philippines, Steven Robinson, confirmed in a recent online media briefing that Austal is in talks to acquire the Subic Bay shipyard from its current owners, South Korea’s Hanjin Heavy Industries and Construction (HHIC).

Australian shipbuilder Austal is progressing plans to acquire a strategic shipyard in the Philippines that the government in Manila wants to be a key asset in the country’s naval shipbuilding operations.

The development coincides with the company’s efforts to sell its business in China to focus, in part, on expanding its profile in Southeast Asia.

Australia’s ambassador to the Philippines, Steven Robinson, confirmed in a recent online media briefing that Austal is in talks to acquire the Subic Bay shipyard from its current owners, South Korea’s Hanjin Heavy Industries and Construction (HHIC).

Australian shipbuilder Austal is progressing plans to acquire a strategic shipyard in the Philippines that the government in Manila wants to be a key asset in the country’s naval shipbuilding operations.

The development coincides with the company’s efforts to sell its business in China to focus, in part, on expanding its profile in Southeast Asia.

Australia’s ambassador to the Philippines, Steven Robinson, confirmed in a recent online media briefing that Austal is in talks to acquire the Subic Bay shipyard from its current owners, South Korea’s Hanjin Heavy Industries and Construction (HHIC).

Australian shipbuilder Austal is progressing plans to acquire a strategic shipyard in the Philippines that the government in Manila wants to be a key asset in the country’s naval shipbuilding operations.

The development coincides with the company’s efforts to sell its business in China to focus, in part, on expanding its profile in Southeast Asia.

Australia’s ambassador to the Philippines, Steven Robinson, confirmed in a recent online media briefing that Austal is in talks to acquire the Subic Bay shipyard from its current owners, South Korea’s Hanjin Heavy Industries and Construction (HHIC).

Australian shipbuilder Austal is progressing plans to acquire a strategic shipyard in the Philippines that the government in Manila wants to be a key asset in the country’s naval shipbuilding operations.

The development coincides with the company’s efforts to sell its business in China to focus, in part, on expanding its profile in Southeast Asia.

Australia’s ambassador to the Philippines, Steven Robinson, confirmed in a recent online media briefing that Austal is in talks to acquire the Subic Bay shipyard from its current owners, South Korea’s Hanjin Heavy Industries and Construction (HHIC).

Australian shipbuilder Austal is progressing plans to acquire a strategic shipyard in the Philippines that the government in Manila wants to be a key asset in the country’s naval shipbuilding operations.

The development coincides with the company’s efforts to sell its business in China to focus, in part, on expanding its profile in Southeast Asia.

Australia’s ambassador to the Philippines, Steven Robinson, confirmed in a recent online media briefing that Austal is in talks to acquire the Subic Bay shipyard from its current owners, South Korea’s Hanjin Heavy Industries and Construction (HHIC).