Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer and manufacturer of azimuth propulsion systems specialising in high ice-class and Arctic vessels
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Fincantieri, through its subsidiary WASS Submarine Systems, a leader in the design and development of advanced underwater defense systems, has secured a significant order from the Indian Navy for the supply of Black Shark Advanced (BSA) heavyweight torpedoes, to be deployed on the six Scorpène-class submarines in service with the Indian fleet
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18th December 2025: Peters & May has reported strong Group turnover growth in 2025, reflecting the continued execution of its long-term strategy to strengthen forwarding capabilities, consolidate its global network, and deliver a more resilient, end-to-end logistics offering across marine and specialist freight markets
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Dykstra Naval Architects leads naval architecture while Glosten provides structural engineering. Autonomy and wind-propulsion systems are designed in-house by Clippership. The vessel will be built by KM Yachtbuilders, classed by RINA and will fly the Maltese flag, with launch slated for late 2026 to serve transatlantic, Caribbean and South American pilot routes
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