Maritime News

Wartsila Announces Key Disinvestments and Partnership Agreements in December 2025

Wartsila completed key strategic moves in late December 2025, including selling its Automation, Navigation and Control Systems business to Solix Group and Gas Solutions to Mutares SE & Co KGaA. Furthermore, Wartsila established supply chain partnerships, engine orders for Brazilian tugboats as well as an analysis of industry trends to demonstrate their commitment to portfolio optimization and maritime innovation.

Philippines Launches Offshore Wind Auction as Asia Advances Marine Energy Amid US Setbacks

In December 2025, the Philippines initiated their inaugural dedicated offshore wind auction of 3.3 GW capacity at Pambujan and Sta. Clara ports. South Korea awarded Vestas with 390MW contract while US projects such as Empire Wind were issued stop-work orders or Vineyard Wind faced policy uncertainty; these events highlighted divergent regional trajectories for marine energy development.[58 words]

COVE Announces At-Sea Testing Capability and Presents 2025 Year Review

COVE announced its groundbreaking at-sea testing system for towed array technologies in December 2025 with partners DRDC, Ultra Maritime and ACOA using nearly $10 million in federal funding. Their COVE Connect December edition showcased COVE's achievements over 2025 in terms of defence innovation, international collaborations and national partnerships further strengthening COVE's role as Canada's marine technology leader.

Mitsui OSK Lines Celebrates Key Milestones for Decarbonization and Innovation This December

Mitsui O.S.K. Lines celebrated December 2025 with strategic announcements such as AiP for subsea cable vessels, low-carbon ammonia transportation deal with JERA and carbon removal partnership as well as their India manning arm's 30th anniversary celebrations and Jotaro Tamura's anticipated takeover as CEO during Blue Action 2035 Phase 2. A leadership transition date of April 2026 is planned under this initiative.

Pharos Offshore Group Expands Capabilities through UTV620 Acquisition and Leadership Change

Pharos Offshore Group announced the purchase of a 620hp UTV620 jet trencher on October 27, 2025 to enhance their subsea cable and pipeline burial services ahead of an active 2026 season. In addition, Jake Tompkins was appointed Chairman to mark an important leadership milestone in their growth strategy and further solidify Pharos' position within offshore wind, telecoms, oil & gas and other sectors.

NYK Line Accelerates Sustainability and LNG Expansion by Late 2025

NYK Line advanced its sustainability agenda through several partnerships in December 2025, such as investing in LNG carrier investments with Ocean Yield, entering Heads of Agreement with JERA for low-carbon ammonia transport and renewing their decarbonization MoU with BHP. They also initiated a U.S. methanol supply study as well as earning CDP A List recognition once more demonstrating their leadership in maritime decarbonization.

Kongsberg Advanced its Maritime and Defence Capabilities Through Key Contracts and Demerger Signing

Kongsberg announced in December 2025 its plan for demerger in order to spin off Kongsberg Maritime for listing in Q2 2026 and secured contracts for submarine combat and navigation systems for Germany and Norway, coastal defence for Denmark, propellers for Canadian destroyers, LARS for offshore vessels as well as propellers for LARS vessels - reflecting their strategic focus on defence growth amid global security needs.[62 words]