SHIPBUILDING INDUSTRY – AUSTRALIA

Plan to save Australian shipbuilding industry

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Original article by John Kerin
The Australian Financial Review – Page: 4 : 31-Mar-15

ASC, BAE Systems and Forgacs have begun shedding workers at their Australian shipyards in response to a lull in defence projects. The Federal Government has proposed a new strategy for the shipbuilding industry whereby new naval vessels will be continuously built over the next two decades, replacing older vessels as they are retired from service. Japan has a similar program for its submarine fleet

CORPORATES
ASC PTY LTD, BAE SYSTEMS AUSTRALIA LIMITED, FORGACS ENGINEERING PTY LTD, AUSTRALIA. DEPT OF DEFENCE, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED

Japanese subs on the way

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Original article by Phillip Coorey, John Kerin, Simon Evans
The Australian Financial Review – Page: 1 & 4 : 9-Sep-14

The Australian Government is believed to have decided to purchase a new fleet of submarines from Japan, in a major blow for the local shipbuilding industry. South Australian Premier Jay Weatherill has warned that the state’s federal MPs will face an electoral backlash if the submarines are built overseas rather than by Adelaide-based shipbuilder ASC. The Federal Government’s 2013 election platform included a commitment to build the submarines in Adelaide

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, SOUTH AUSTRALIA. DEPT OF THE PREMIER AND CABINET, ASC PTY LTD, AUSTRALIA. DEPT OF INDUSTRY, THE AUSTRALIAN INDUSTRY GROUP, SYDNEY INSTITUTE, GROUP OF TWENTY (G-20), AUSTRALIA. DEPT OF DEFENCE, LIBERAL PARTY OF SOUTH AUSTRALIA, AUSTRALIAN LABOR PARTY, DCNS SA, THYSSENKRUPP MARINE SYSTEMS GMBH, SAAB AB

Austal in the crossfire as big guns battle

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Original article by Paul Garvey
The Australian – Page: 19 : 11-Jul-14

There has been criticism of a US military shipbuilding program that involves Australian-listed Austal. The company has been chosen to build half of the ships for the US Navy’s $US34 billion ($A36.2 billion) littoral combat ship program. However, concerns have been raised about the program by senior figures in the US Government. Austal CEO Andrew Bellamy is confident about the program, which will supply between 50 per cent and 60 per cent of the company’s future work

CORPORATES
AUSTAL LIMITED – ASX ASB, UNITED STATES. DEPT OF DEFENSE, REPUBLICAN PARTY (UNITED STATES), UNITED STATES NAVY, LOCKHEED MARTIN CORPORATION