Finland’s naval sector eyes growth opportunities in NATO era
Finland’s naval industrial base is expanding as NATO membership, Baltic Sea security concerns and proximity to Russia push shipbuilders and equipment makers to capture new roles.
As 2017 draws to a close, the threat of pirate attacks in the waters of West Africa continues to affect civil and commercial operators.
Just this week an attack made the headlines, when an incident off the coast of Nigeria saw six crew members of a container ship kidnapped. Indeed, a recent report by the International Maritime Bureau (IMB) notes that the waters around Nigeria remain risky.
‘In general, all waters in and off Nigeria remain risky, despite intervention in some cases by the Nigerian Navy. We advise vessels to be vigilant,’ said Pottengal Mukundan, director of IMB - a specialised
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Finland’s naval industrial base is expanding as NATO membership, Baltic Sea security concerns and proximity to Russia push shipbuilders and equipment makers to capture new roles.
Canada's ambitious naval modernisation plans are creating major maritime procurement opportunities, with future programmes also promising long-term work for domestic and international shipbuilders.
ThyssenKrupp Marine Systems is edging toward an India submarine deal, but an unverified claim of a radically new hull design – at odds with the proven lineage it has marketed to Canada – has yet to be resolved.
Operational lessons are pushing navies towards counter-uncrewed aerial systems at sea, creating a fast-emerging industrial opportunity for radar and effector makers.
The decision points to deepening NATO cooperation and mounting competition in the Arctic and North Atlantic, as Canada opts for a European-designed solution despite interest from South Korea.
The Royal Navy’s transition towards a hybrid fleet could prove to be less about building more hulls and more about delivering the autonomous technologies, AI and digital integration that will support future maritime operations.