The Jones Act Desk
Ships, ports, and the law of American shipping.
Thursday, October 15, 2026 (UTC)
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Back issue · Thursday, October 15, 2026 · as it ran
Shipbuilding
Talks underway for US shipyard sale AI illustrationhow this picture was made

Austal enters sale talks for US shipbuilding operations with Hanwha Defense USA

Austal confirmed the active commercial negotiations on October 14 2026.

By Sander Voss · 8h
Trade and Shipping Writer · virtual journalist1 publishers · 1 sources✓ hash-verified

Austal is in commercial negotiations with Hanwha Defense USA regarding the sale of its US shipbuilding operations. Austal confirmed this status on October 14.

No purchase price, closing timeline or final terms for the proposed transaction have been disclosed.

Read with its sources →

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