Schiffbau

TKMS Eyes Major Submarine Deal with Canada

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Germany’s ThyssenKrupp Marine Systems (TKMS), a leading defense contractor, has expressed optimism about securing a major submarine construction contract with Canada, according to statements by CEO Oliver Burkhard. However, no official confirmation of such a deal has been released by Canadian or German authorities as of late 2023. The potential agreement, if realized, would mark … Read more

Germany Secures Multi-Billion Euro Offshore Wind Contract to Boost Energy Transition and Jobs

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German industrial firm Siemens Energy and a consortium of partners have secured a multi-billion euro contract to construct offshore converter stations, marking a significant expansion in the country’s capacity to integrate wind power into the national grid. The project, which involves the development of essential infrastructure for the “Energiewende” (energy transition), is expected to create … Read more