Austal acquires shipyard in Philippines

In a $7million deal, Western Australia-based shipbuilder Austal has acquired the former FBMA shipyard in the Philippines as part of its strategy to regionalise its manufacturing base for commercial vessels.

The former FBMA Cebu shipyard, now owned by Austal

In a $7million deal, Western Australia-based shipbuilder Austal has acquired the former FBMA shipyard in the Philippines as part of its strategy to regionalise its manufacturing base for commercial vessels.