Kongsberg Maritime Acquires Steerprop to Expand Leadership in Arctic and Ice-Class(opens in a new tab)
Kongsberg Maritime’s purchase of Steerprop expands its Arctic propulsion portfolio, adding proven icebreaker and polar research vessel systems.
Event
Kongsberg Maritime acquires Steerprop, adding 400+ Arctic propulsion systems to expand its icebreaker and polar research fleet
Kongsberg Maritime ASA has agreed to acquire Finland‑based Steerprop, adding 400‑plus vessels equipped with azimuth propulsion used on about one‑third of global icebreakers. The deal expands its ice‑class and polar research fleet. It is pending regulatory approval and will be integrated in phases after closing.
Coverage
Google Alert: Arctic Maritime Executive Kongsberg Maritime Enters Into An Agreement To Acquire Steerprop(opens in a new tab)
Kongsberg Maritime ASA has agreed to acquire Finland‑based Steerprop, a specialist in azimuth propulsion for icebreakers, polar research and offshore vessels. The deal, pending regulatory approval, will combine Steerprop’s 400‑plus installed base and Arctic‑focused order backlog with Kongsberg’s global reach, allowing faster innovation while preserving existing customer commitments.
Maritime Executive Kongsberg Maritime Enters Agreement to Acquire Steerprop(opens in a new tab)
Kongsberg Maritime has agreed to acquire Finnish azimuth propulsion specialist Steerprop, adding a portfolio of Arctic‑class propulsion systems and over 400 vessels to its fleet, positioning it to meet rising demand from fleet renewal, polar research and increased Arctic activity.
Google Alert: Arctic Kongsberg Maritime to buy Finland's Steerprop in Arctic propulsion push(opens in a new tab)
Kongsberg Maritime has agreed to acquire Finland‑based Steerprop, whose propulsion systems power icebreakers and polar research vessels, strengthening its Arctic propulsion footprint.
PortNews English Kongsberg Maritime to buy Finnish Arctic propulsor maker Steerprop(opens in a new tab)
The acquisition will broaden Kongsberg Maritime’s portfolio for icebreakers, adding Steerprop’s azimuth propulsion tech used on about one‑third of global icebreakers, positioning the Norwegian group to serve the growing Arctic vessel market.
