Austal News Monitoring

Austal Issues Shares to Raise Capital for Alabama Yard Expansion

  Austal Ltd., the Australian parent company of defense shipbuilder Austal USA, has announced a capital raise of as much as US$140 million to pay for the expansion of its main shipyard in Mobile, Alabama.  Austal USA is the core of Austal Ltd.'s …

Austal raises $200 million to expand US naval shipbuilding capacity

Australian shipbuilder Austal announced a A$200 million institutional placement on Monday to fund expansion of its Alabama shipyard, positioning the company for growth in US defence contracts. The capital raising will partly finance the Final Assembly 2 ( …

Austal shares retreat from record after $220 million raising

Austal launches capital raising

Andrew and Nicola Forrest commit to ‘long-term’ investment in ‘sovereign champion’ Austal

The shipbuilder is taking advantage of a record share price to raise $220 million in new equity at $3.80 a share to fund expansion of its Mobile, Alabama shipyard to meet billions of dollars in new contracts.

Shipbuilder Austal preps $200m-plus equity raising; founder sells

Austal USA settles COVID-19 vaccine lawsuits brought by workers who refused shot

MOBILE, Ala. (WALA) - Austal USA has settled three federal lawsuits accusing the company of discriminating against workers who refused to get a COVID-19 vaccine. The company required the vaccination to comply with a mandate the Biden administration imposed …

Business Alabama recognizes Austal USA as 2024 Large Company of the Year

MOBILE, Ala. (WKRG) — Business Alabama recognized shipbuilding company Austal USA as the 2024 Large Company of the Year at a luncheon in Birmingham last week. Business Alabama Magazine Executive Editor Alec Harvey said the luncheon held Friday, Feb. 28, …

ASX Market Close: Correction zone sparks investor despair | March 12, 2025

Join our daily newsletter At The Bell to receive exclusive market insights The ASX200 closed down 1.3% at 7,786 points. It was a bloodbath as the index continued its downward trajectory in the wake of US tariffs on Aussie steel and aluminium. Discretionary …

Closing Bell: ASX inches closer to correction territory as traders move into defensive sectors

ASX takes another hit, Trump’s tariffs to blame Albanese ignored by Trump ahead of tariff bombshell Retailers, miners, banks slump   Things got a bit ugly on the ASX on Wednesday with the benchmark ASX 200 index taking another big hit, this time by 1.32%.  …

Lunch Wrap: ASX flashes red again as Trump says no exemption for Aussie steel, aluminium

ASX drops as Trump hits Aussie steel Australia not exempted from US tariffs Wall Street falls again, VIX spikes, gold rises After falling nearly 1% yesterday, the ASX was in the red again on Wednesday, down by about 1.4% at lunch time (AEDT) after …

Pay ‘Number One Issue’ in Growing U.S. Shipbuilding Workforce, Panel Tells HASC

A welder at Austal USA in Mobile Ala., on Aug. 29, 2024. USNI News Photo Increasing wages for shipyard workers is the top challenge when attracting and retaining everyone from pipefitters to naval architects, a naval analyst told the House Armed Services …

Coastal Patrol Military Vessel Market to Reach USD 16.86 Billion by 2034, Growing at a 3.25% CAGR

Coastal Patrol Military Vessel Market to Reach USD 16.86 Billion by 2034, Growing at a 3.25% CAGR NEW YORK, NY, UNITED STATES, March 11, 2025 /⁨EINPresswire.com⁩/ -- According to MRFR analysis, the Coastal Patrol Military Vessel Market was valued …

Connie Hudson names campaign leadership team for Mobile mayoral race

The Connie Hudson for Mayor campaign officially introduced its senior leadership team on Monday, unveiling a group of seasoned professionals to guide the campaign’s strategy, communications and community engagement efforts. The campaign’s leadership …

Trump, Tuberville reject Airbus for Air Force One in ‘American made’ debate

A new Air Force One, which has been under construction by Boeing since the first Trump Administration, has faced cost overruns and repeated delays while facing criticism from the president himself. As Boeing stumbles, Airbus looms in the background, …

Commonwealth procurement changes praised by local tech companies

The Australian technology industry has broadly welcomed the recent Commonwealth changes on the definition of what makes an Australian business, stating these reforms were long overdue. Newly introduced, the Commonwealth Procurement Rules now define …

Plywood Market Emerging Trends, Size, Share, and Future Growth by 2025 - 2032 | Century Plyboard (India) Ltd, Metas wood

plywood market is estimated to be valued at USD 65.59 Bn in 2025 and is expected to reach USD 103.35 Bn by 2032, exhibiting a (CAGR) of 6.7% from 2025 to 2032. BURLINGAME, CA, UNITED STATES, March 6, 2025 /⁨EINPresswire.com⁩/ -- The Plywood Market Report …

Hudson Campaign for Mobile Mayorship Announces Leadership Team

March 10, 2025 - MOBILE, Ala. - Today, the Connie Hudson for Mayor Campaign introduced its campaign management team. The campaign leadership team includes Wiley Blankenship as Campaign Manager, Aqualyn Kennedy as Communications Director, and Dr. Raoul …

GILBERT MOVING & STORAGE LAUNCHES EXPERT RESIDENTIAL & COMMERCIAL MOVING SERVICES

MESA & GILBERT, AZ, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- A trusted family-owned moving company that has been in business since 2016 has announced expanding its services to include specialized Residential and Commercial moving …

Global Forklift Truck Safety Solution Market to Reach $22.37 Billion by 2034, Growing at 12.9% CAGR

The forklift truck safety solution market is driven by IoT, AI, and ML integration, enhancing workplace safety, operational efficiency, and risk mitigation. ROCKVILLE, MD, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- A recent market research …

Connected Ship Market Expansion – CAGR of 6.3% (2023-2032), Rising from $6.8 Billion to $12.3 Billion | AMR

WILMINGTON, NEW CASTLE, DE, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, titled, “Connected Ship Market," The global connected ship market size was valued at $ 6,801.3 …

Terry Moving & Storage Issues Consumer Advisory on Rising Moving Broker Scams

LAKE FOREST, CA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Terry Moving & Storage, Orange County’s premier moving and storage company, urges consumers to be vigilant and choose reputable, professional movers instead of falling …

Semarchy xDM Now Available as Snowflake Native App

Joint customers can deploy Semarchy’s master data management (MDM) application natively in the Snowflake AI Data Cloud. PHOENIX, AZ, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Semarchy, a leader in master data management (MDM) and data …

Russell Liggon of Captain Delivery LLC Recently Featured on Close Up Radio

LUMBERTON, NC, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Established entrepreneur and distinguished professional, Russell Liggon, proudly announces the continuing evolution and success of Captain Delivery, LLC, an innovative moving and …

Investing in a New Era - Transforming Mozambique’s Natural Resources to Spur Industrialisation and Regional Integration

The Mozambique Mining and Energy Conference (MMEC) is set to return for its 11th edition from 7-8 May 2025 at the International Conference Centre in Maputo. LONDON, UNITED KINGDOM, March 13, 2025 /⁨EINPresswire.com⁩/ -- MMEC 2025: Investing in a …

Pipe17 Partners with Aries Solutions for Order Operations Success

Top Agency in Composable Commerce Selects Pipe17 for Order Operations Vision and Robust Partner Network SEATTLE, WA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Pipe17, a leading provider of AI-powered composable Order Operations …

Fleet & TMS for Transportation & Logistics Market – Expected to Reach $64.9 Billion by 2031 at a 10.3% CAGR

WILMINGTON, NEW CASTLE, DE, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Fleet and Transportation Management System for Transportation and Logistics Market Size, Share, Competitive Landscape and Trend Analysis Report, by Application, by …

United Maritime Announces the Date for the Fourth Quarter and Year Ended December 31, 2024, Financial Results, ...

Earnings Release: Tuesday, March 18, 2025, Before Market Open in New York Conference Call and Webcast: Tuesday, March 18, 2025, at 09:00 a.m. Eastern Time GLYFADA, Greece, March 13, 2025 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “ …

NPS Welcomes Japan’s Former Navy Chief as Inaugural International Fellow

Adm. Ryo Sakai was the Chief of Staff of the Japan Maritime Self-Defense Force, he is now on the faculty of the U.S. Naval Postgraduate School (NPS). MONTEREY, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Former Chief of Staff of the …

Redwood to Host Second Cross-Border Logistics Council Amid Trade Uncertainty

CHICAGO and MONTERREY, Mexico, March 13, 2025 (GLOBE NEWSWIRE) -- Amid ongoing trade uncertainties and fluctuating tariff policies between the United States and Mexico, Redwood Logistics, with its subsidiary, Redwood Mexico, (collectively “Redwood”), is …

Blade Air Mobility Announces Fourth Quarter 2024 Results

Full-year net loss improved by $28.8 million versus the prior year to $(27.3) million in FY 2024; Adjusted EBITDA improved by $17.8 million versus the prior year to $1.2 million in FY 2024(1) Full-year Passenger Segment Adjusted EBITDA of $3.6 million in …

Smart Resources Named One of Utah Business’ 'Best Companies to Work For 2024'

Smart Resources honored as one of Utah’s “Best Companies to Work For 2024,” recognizing its commitment to workplace excellence and employee success. SALT LAKE CITY, UT, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Smart Resources, a leading …

KEP’s Digital Bespoke Revolutionizes Custom-Fit Fashion

LOS ANGELES, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Klein Epstein Parker (KEP), a pioneering force in modern bespoke fashion, is redefining personalization in the industry with its innovative Digital Bespoke experience. By …

20ft vs. 40ft Storage Containers: Industry Experts Highlight Key Differences for Optimal Storage Solutions

Storage containers remain a go-to solution for businesses facing storage space challenges. What's the difference between 20 & 40-foot shipping containers? RALEIGH, NC, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Storage containers remain …

Material Handing Operations Utilize Tivar® 88 UHMW to Improve Uptime and Efficiency

Tivar® 88 UHMW sheet from Interstate Advanced Materials delivers improved efficiency in material handling operations. SACRAMENTO, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The material handling sector requires materials that ensure …

Royal 4 Systems to Showcase WISE WMS at Seafood Expo North America/Seafood Processing North America 2025

Royal 4 Systems will be showcasing its powerful and flexible WISE WMS, designed to optimize warehouse operations for the seafood industry and beyond. LONG BEACH, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Royal 4 Systems, a leading …

Logistex Ltd Announces Strategic Partnership with Spacemaker Systems for 4-way Automated Pallet Shuttle Solutions

Revolutionising Warehouse Efficiency with Innovative Deep-Lane Pallet Storage Solutions UNITED KINGDOM, March 12, 2025 /⁨EINPresswire.com⁩/ -- Logistex Ltd, a leader in automated materials handling and software solutions, proudly announces its …

TLG Peterbilt Completes Major Renovation and Expansion of Louisville Dealership

The expanded facility now totals 52,000 square feet and includes 30 service bays, 14,000 sq. ft parts warehouse and top-of-the line customer amenities. JEFFERSONVILLE, IN, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The Larson Group is …