Kongsberg Maritime Achieves Accelerated Growth Through Major Contracts Ahead of Demerger Plan

Kongsberg Maritime has recently announced contracts for propulsion systems for Med Marine tugs, launch and recovery systems for Sea1 Offshore vessels, and propellers for Canadian Navy destroyers, all as part of its planned listing as a separate company in April 2026.

Med Marine Partnership Promotes Electric Tug Innovation

Kongsberg Maritime has signed a sizeable contract with Turkish shipbuilder Med Marine for the delivery of propulsion and deck machinery for next-generation tugboats. The contract called for eight shipsets of the company’s US255 azimuth thrusters for Med Marine’s RAmparts 2500-W and RAstar 3200-W tug designs, as well as the first VoltRA electric tug powered by Kongsberg’s US205 azimuth thruster.The contract scope also includes five shipsets of Kongsberg Maritime’s brand-new electric towing winches and four shipsets of hydraulic winches designed specifically for the next-generation electric tugs. The electric winches utilise frequency converter-driven electric motors to provide improved efficiency and sustainability compared to traditional hydraulic systems. "This partnership is an important statement for us" said Nils-Reidar Valle, Senior Vice President of Naval & Workboat Sales at Kongsberg Maritime. "This combination of proven propulsion technology and energy-friendly engineering shows that new technologies make it possible to optimise a ship for sustainable performance".

Sea1 Offshore Chooses Kongsberg Deep-Water Handling Systems

Kongsberg Maritime has been awarded a significant contract by Sea1 Offshore to supply Launch and Recovery Systems (LARS) for a series of four new offshore construction vessels. Each vessel will be fitted with two sophisticated LARS units supporting subsea construction and ROV operations within demanding deep-water environments.The scope of supply for each vessel comprises two telescopic A-frames, fully electrical umbilical winches, energy efficient hydraulic power units and a dedicated control system. Capabilities include a safe working load of 15 tonnes for vehicle dry weight and winch cable capacity of 4,500m. LARS technology accurately controls launch and recovery in rough seas, reducing operational risk and increasing reliability to offshore operators.

Canadian Destroyer Program Secures Propeller Supply Agreement

Kongsberg Maritime has contracted with Irving Shipbuilding Inc to deliver twin fixed built propellers for its River Class Destroyers being built for the Royal Canadian Navy. As part of Canada’s National Shipbuilding Strategy to replace the Halifax-class ships, the contract covers propellers for the first three ships of a schedule of 15, with deliveries starting in 2028; the first of these ships will actually be delivered in the 2040s. This contract follows previous contracts already signed between Kongsberg Maritime and Irving Shipbuilding in respect of the non retractable fin stabilisers and the steering gear, rudders and replenishment at sea moveable high point equipment, in addition to the technical documentation packages to meet the needs of Irving Shipbuilding and the Royal Canadian Navy.

Strategic Restructuring Advances toward Independent Listing

Kongsberg Maritime's latest contract victories come just as the company prepares for a major change as Kongsberg Gruppen seeks to split off Kongsberg Maritime into an independent publicly listed company on the Euronext Oslo Stock Exchange, merging Kongsberg Defence & Aerospace and Kongsberg Discovery into a single defence and technology company. The schedule for the demerger process indicates the publication of the demerger plan in December 2025, an Extraordinary General Meeting to approve the plan in January 2026, and the completion of the listing in April 2026. Lisa Edvardsen Haugan will be CEO of the new Kongsberg Maritime, with Mette Toft Bjørgen as CFO. This significant result of this restructuring of the business includes the continued ability of the company to respond to global demand for technologies that deliver security and sustainability, with each of its businesses moving forward with an appropriate growth strategy in their respective markets. The Norwegian government, which has a 50% holding, has said it support for the proposed transaction.