Euronaval: Asia Pacific maritime sector booming (video)

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• The UK joins the movement towards joint procurement

  The UK will spend an estimated US$3.89 billion over the next decade in joint naval programmes, a lot of which will be in cooperation with Norway.

• Rheinmetall’s GMF 140: Ambitious frigate or market misfit?

  Rheinmetall has unveiled its first next-generation frigate design, showing ambitions to compete as a surface combatant prime contractor. While the company is targeting North America, analysts believe the concept may be better positioned for future European programmes.

• US Navy $76.6bn award provides stability for submarine production

  The US Department of War’s US$76.6 billion Columbia-and Virginia-class submarine contract gives industry demand certainty as Washington seeks to rebuild its shipbuilding base.

• Dreadnought Phase 4 opens £2.5 billion supply chain opportunity

  The UK government’s £8.4 billion Dreadnought Phase 4 investment sets aside £2.5 billion for the wider submarine supply chain, opening new work beyond BAE Systems’ prime contract.

• Hanwha Ocean deepens US ties and eyes Saudi submarine prospect after Canada setback

  Hanwha Ocean is deepening ties with the US and eyeing a submarine opportunity in Saudi Arabia, as South Korea looks to convert its Canadian defeat into export momentum.