Posted to Maritime Reporter
on
April 20, 2026
India and South Korea announced on Monday they will expand their economic ties through a?expansion of cooperation in energy and critical minerals as well as shipbuilding, semiconductors and steel. They aim to double their trade by 2030. New…
Posted to Maritime Reporter
on
April 19, 2026
On Monday, South Korean President Lee Jae Myung will meet with Indian Prime Minister Narendra Modi at New Delhi, to discuss a boost in economic co-operation, especially in shipbuilding. This is the first visit of a South Korean president to India in 8 years.
Posted to Maritime Reporter
on
April 18, 2026
Japan and Australia signed contracts Saturday, launching a landmark A$10 Billion ($7 Billion) -deal to supply Australia warships. This is Tokyo's most consequential military sale since ending the?military trade ban in 2014. Marles stated that the Defence Ministers Richard Marles…
Posted to Maritime Reporter
on
March 27, 2026
The government announced on Friday that Norway will increase its defence expenditures by 115 billion crowns (about 11.87 billion dollars) between now and 2036 to compensate for the rising costs of military equipment. According to the government…
Posted to Maritime Reporter
on
March 30, 2026
The Gulf stock markets fell in early trading on Monday after Yemen's Houthis attacked Israel?overnight, further escalating U.S. and Israel conflict with Iran -and its proxies - in the Middle East. Donald Trump, the U.S. president, said that…
Posted to Maritime Reporter
on
March 25, 2026
The underwater business segment, which saw an 88% increase in revenue, was the main driver of this?fourfold? jump. The shares of the Trieste-based firm rose up to 7.5% after the results. State-controlled shipbuilder reiterated their 2026 'targets' for revenue between 9.2 and 9.3 billion euro…
Posted to Maritime Reporter
on
March 9, 2026
Gabler Group shares fell below the?offer?price? in a debut at the Frankfurt Stock Exchange on Monday after rising earlier in the day. The shares fell below the 44 euro offer price at 1349 GMT after reaching 49.1 earlier in the day. At its final price, the company valued itself at 266 millions euros.
Posted to Maritime Reporter
on
March 2, 2026
Bloomberg News reported that U.S. private equity firm Thoma Bravo is in advanced talks to purchase third-party logistics provider WWEX Group. This would create a shipping tech business worth up to $12 billion. The report said that the buyout…
Posted to Maritime Reporter
on
February 25, 2026
Leonardo, the Italian defence group, posted a '2025 result that was above its financial targets. It also saw a significant improvement in its debt and an increase in key indicators. New orders increased 14.5% on an annual basis to 23.8 billion euros ($28.09billion)…
Posted to Maritime Reporter
on
March 6, 2026
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. BANIJAY GROUP N.V. Dutch content production and distribution company Banijay Group announced a full-year revenue totaling 4.88…
Posted to Maritime Reporter
on
February 24, 2026
In a'speech' published on Monday, the chief executive of TKMS, a -German warship builder - called for consolidation in the defence.industry. He said that money alone cannot build ships, and that the deciding?factor is how quickly industry and clients can act together.
Posted to Maritime Reporter
on
February 12, 2026
Fincantieri pledged on Thursday to 'double its core profits to 1.25 billion euros ($1.49billion) by 2030, under a new multi-year defence-focused strategy. This will also double the'shipyard production capacity of 'Italy and expand its underwater business.
Posted to Maritime Reporter
on
February 12, 2026
Italian shipbuilder Fincantieri announced a partnership on Wednesday with the 'deep-tech company, 'Generative Bionics' to develop a humanoid robot that will work alongside its workers in shipyards. Fincantieri’s shipyard in Genoa, Italy, will begin testing the robot by 2026.
Posted to Maritime Reporter
on
February 11, 2026
German submarine manufacturer TKMS announced a record-breaking $22 billion backlog of orders on Wednesday. They also raised their 2026 sales forecast, citing a surge in demand for warships during a period of increasing geopolitical tensions.
Posted to Maritime Reporter
on
February 10, 2026
Creative director Marco Balich said that the opening ceremony for the Milano Cortina Winter Olympics in Italy was a complex show, staged at four different locations. Its length could be attributed to the exuberance and fervor of the athletes.
Posted to Maritime Reporter
on
February 4, 2026
Wartsila, the Finnish engineering company, missed its fourth-quarter order forecasts on Tuesday due to U.S. tariffs on batteries and increased competition in their energy storage business. Even though CEO Hakan AGnevall said that there were…
Posted to Maritime Reporter
on
January 25, 2026
South Korean Presidential Chief of Staff Kang Hoon -sik announced on Monday that he would be heading to Canada with Hyundai Motor executives and representatives of shipbuilders Hanwha & HD Hyundai Heavy Industries in order to secure a major subcontract.
Posted to Maritime Reporter
on
January 30, 2026
Taiwan completed its first underwater sea test for its domestically developed sub on 'Thursday. This is a major milestone in a program aimed at strengthening the deterrence against the Chinese navy, and protecting important sea lanes if war breaks out.
Posted to Maritime Reporter
on
January 29, 2026
The German budget committee approved a pre-contract to buy?MEKO A200 class frigates on Wednesday. According to two members of the committee, TKMS will pay?50 millions euros ($59.70million) for these frigates. The budget committee approved an…
Posted to Maritime Reporter
on
January 23, 2026
Armin Papperger, CEO of Rheinmetall, said that the company is considering further acquisitions within the naval sector. In September, Rheinmetall agreed to buy the warship division from German shipbuilder Luerssen at a price of 1.35 billion euro ($1.57 billion).