In 2019, a pair of Chinese companies signalled interest in Subic Bay, but the Austal bid — which is backed by US interests — has long been considered the strongest contender.
"As Austal moves into Subic Bay it's not going to be there to promote the agenda of the Australian government, it's only going to be there to promote business and engineering interests and to run the port efficiently. In a statement, Austal declined to comment on the Subic Bay bid, but said it was "continually assessing opportunities to further expand its operations if they align with our growth strategy".Last week, Austal announced it had begun talks to sell its 40 per cent stake in a Chinese shipbuilding business set up five years ago, amid deteriorating relations between the two countries.
*shipbuilder
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Moderna deal key to 'booster strategy' for AustraliaThe deal between the Australian government and Moderna to secure 25 million COVID-19 vaccine doses gives the country a critical "booster and variant" capability, Health Minister Greg Hunt said Fi_Willan when the nuremberg trials start remember all these reporters who took part in genocide by gaslighting the people ! Fi_Willan Another announcement that the media are sucked into once again!!! No accountability! Fi_Willan Variants = we cannot vaccinate everyone quickly enough with booster every time a new variant comes in that evades vaccines. To pretend otherwise is business asking us to pretend gravity isnt always constant. Build lots of air gapped quarantine, thats how business gets their $ in
Source: 9NewsAUS - 🏆 10. / 72 Read more »
China suspends China-Australia Strategic Economic Dialogue indefinitelyBeijing has cut off all diplomatic contact with the Australian government under the China-Australia Strategic Economic Dialogue, a key channel of communication between the two countries | ErykBagshaw auschina ErykBagshaw Fantastic. Great Move. Well Done Dutton/LNP. ErykBagshaw We had dialogue I thought it was just abuse from their spokesperson and atracks through the mouthpieces in Australia? Give them grace and they will eventually use it to kill you. Respect goes both ways good and bad. ErykBagshaw Looking forward to the fed gov pulling out of our belt and road agreement with xi and china? Oh we don't have one, Why don't we? Ohhhh they dont want us only our raw products ghat they can use against the world? We are smat we are so smat
Source: theage - 🏆 8. / 77 Read more »
China suspends China-Australia Strategic Economic Dialogue indefinitelyBreaking: Beijing has cut off all diplomatic contact with the Australian government under the China-Australia Strategic Economic Dialogue | ErykBagshaw ErykBagshaw Well done LNP we are now taking giant retrograde steps back to pre 1970 and true Cold War distrust of all that is Asian including our latest debacle with India…white is right according to ScottyTheRacist ErykBagshaw ErykBagshaw Don’t let the door hit you on the way out China xx
Source: smh - 🏆 6. / 80 Read more »
Taking back Port of Darwin on 'just terms' would be money 'well spent' | Sky News AustraliaAustralians would agree taking back the Port of Darwin from China on 'just terms' with 'just compensation' would be money well spent, according to Liberal Senator Concetta Fierravanti-Wells.\n\n'Well I think Australians would agree taking back the Port of Darwin on just terms and paying just compensation would be money well spent,' she said.\n\n'Now we don't know the terms of the lease because that's only within the purview of the Northern Territory government - but I believe under just terms that the Port should be taken back and I've advocated that.\n\n'In the recent hearing of the foreign relations legislation I actually put those questions to the Northern territory government and I asked whether just terms would be the value of the lease - which is 94 years - or other form of just compensation.' Senator_CFW Maybe the LNP should pay any compensation above the original price, I’m sure Australian would support that. Senator_CFW I can’t wait till we take the port of Shanghai and raise the Australian flag. Senator_CFW Get those dickhead Politicians that approved it and the PM at the time, Turnbull, to compensate them out of their own pockets, this deal should never have even been considered in the first place.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Scott Morrison promises progress on India repatriation flights but details remain scarcePrime Minister Scott Morrison insists progress is being made to restore repatriation flights from India as pressure mounts on the government to come up with a plan to return home stranded Australians. Stay Strong PM! You made the right decision to keep all in Australia safe. The cricketers & Aus in India need to wait whilst we get the quarantine facilities ready to cope with the deadly Indian variant of CoVid19. No point bringing them back to an unsafe situation Seems like quite a few 'Aussies' have gone overseas since the start of the pandemic and now claim to be stranded. Why were they allowed out in the first place?
Source: SBSNews - 🏆 3. / 89 Read more »