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French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on January 9, 2026

Here are some company news and stories that could have a significant impact on France and Benelux's markets or individual stocks. AIR FRANCE KLM has announced that 80 flights will be cancelled on Friday from and to Amsterdam Schiphol Airport due to expected snowfall in the Netherlands.

Hanwha's Philly Shipyard could build nuclear submarines for the US Navy, says executive

Posted to Maritime Reporter on December 25, 2025

Alex 'Wong, 'global chief strategist at Hanwha Group said that the?Philly Shipyard of Hanwha has the ability to build a nuclear-powered submarine? for the U.S. Navy. Wong stated during Hanwha's Hanwha media day in Philadelphia on Monday that "the U.S.

Hanwha's Philly Shipyard could build nuclear submarines for the US Navy, says executive

Posted to Maritime Reporter on December 25, 2025

Alex Wong is the global chief strategy officer of Hanwha Group. According to a press release issued by the South Korean firm on Thursday, the company's Philly Shipyard can build a nuclear submarine for the U.S. Navy. Wong, who spoke at the Hanwha media day in Philadelphia on Monday…

South Korean submarine contractors jailed for leaking information

Posted to Maritime Reporter on December 17, 2025

According to a ruling that was reviewed by the. According to the ruling, on Tuesday, the Masan Branch Changwon District Court sent to prison the chief executive officer of a South Korean contractor for two and a quarter years and sentenced two employees from another firm to one and a quarter years.

South Korean submarine contractors jailed for leaking information

Posted to Maritime Reporter on December 17, 2025

A South Korean court has found two contractors who worked on Taiwan's sub programme guilty of leaking torpedo-launching system designs. The ruling called the case a "diplomatic burden" that could be placed on?Seoul. According to the ruling, on Tuesday…

Australia approves Hanwha’s greater stake in Austal, but with strict conditions

Posted to Maritime Reporter on December 12, 2025

Australia announced on Friday that it would not oppose Hanwha's proposal to nearly double the stake of Austal in Australia, but there will be strict conditions regarding data access and security. Treasurer Jim Chalmers stated that the decision…

Hanwha of South Korea and Vatn, a US-based defense startup, will build underwater drones

Posted to Maritime Reporter on December 10, 2025

The South Korean shipping giant Hanwha Group and U.S. defense start-up Vatn Systems have teamed up to develop autonomous underwater drones (AUU) for the U.S. Navy. This is the latest bilateral effort by the two companies to counter China's expanding naval presence.

Poland selects Sweden to provide it with three subs

Posted to Maritime Reporter on November 26, 2025

Poland announced on Wednesday that it had selected Sweden to provide it with three subs. The multi-billion dollar deal is a crucial element in Warsaw's effort to strengthen its defenses in the Baltic Sea. Warsaw is increasing its investments…

South Korea's newly elected president, who was injured while working as a child, is cracking down on "workplaces that kill"

Posted to Maritime Reporter on November 16, 2025

Kim Yong Ho, a South Korean Kim, thought he was going to die in seconds when a 200 kilogram (441 pound) industrial presses at a Hyundai steel plant exploded during maintenance. The press crushed Kim's legs and his back. Kim, in 2019, said that…

Details of the US-South Korea deal, including Korean investments in shipbuilding, are released

Posted to Maritime Reporter on November 13, 2025

The White House announced that the U.S. released details of a deal with South Korea on Thursday. It included a Korean investment of $150 billion in the shipbuilding industry, which Washington had approved, and an additional $200 in Korean investment through a Memorandum of Understanding.

South Korean officials question the feasibility of building a nuclear submarine at US shipyards

Posted to Maritime Reporter on November 6, 2025

Philly Shipyard, owned by South Korea in the United States, does not have the capacity to build ships at the moment. Kim Min-seok, the Prime Minister of South Korea, said this on Thursday at a hearing in parliament. Donald Trump, the U.S. president, wrote on Twitter last week about his remarks.

South Korea will woo China's Xi at the APEC closing summit

Posted to Maritime Reporter on November 1, 2025

Chinese President Xi Jinping's three-day trip to South Korea will conclude on Saturday, with a dinner and summit hosted at President Lee Jae Myung's home. The newly elected U.S. ally has promised to balance Seoul’s ties to Beijing. Lee's stakes are high.

The RPT issues at stake during the summit between China’s Xi, and South Korea’s Lee

Posted to Maritime Reporter on November 1, 2025

On Saturday, South Korean President Lee Jae Myung and Chinese President Xi Jinping will meet for a bilateral summit. This is the first time the two leaders have met. It's also the first time Xi has visited his Asian neighbor in over ten years.

South Korea will woo China's Xi during APEC with a state visit

Posted to Maritime Reporter on October 31, 2025

Chinese President Xi Jinping's three-day trip to South Korea will conclude on Saturday, with a visit by President Lee Jae Myung. The newly elected U.S. ally has promised to balance Seoul’s ties to Beijing. Lee, who took office in June after…

The issues at stake during the summit between China’s Xi, and South Korea’s Lee

Posted to Maritime Reporter on October 31, 2025

On Saturday, South Korean President Lee Jae Myung and Chinese President Xi Jinping will meet for talks. This is the first bilateral meeting between the two leaders. It's also the first time Xi has visited his Asian neighbor in over a decade.

HD Hyundai Heavy and Huntington Ingalls will jointly build U.S. Navy auxiliary ships

Posted to Maritime Reporter on October 26, 2025

The South Korean shipbuilder HD Hyundai Heavy Industries announced on Sunday that it had reached an agreement with Huntington Ingalls, a U.S. military vessel builder, to jointly construct auxiliary ships for the U.S. Navy. In order to further…

Thyssenkrupp and Jindal in 'intensive' discussions over the sale of steel unit

Posted to Maritime Reporter on October 20, 2025

Thyssenkrupp's CEO confirmed that the German conglomerate is in "intensive" talks with Jindal Steel International about the Indian group’s interest in the steel business. He called it a "good collaboration", but warned that the discussions might take some time.

The latest sign of the boom in defence assets is TKMS, a shipbuilder that has just made its stock market debut.

Posted to Maritime Reporter on October 20, 2025

TKMS, a shipbuilder, began trading on the stock market at 60 euros ($69.95), valuing it higher than expected, with a valuation of 3.8bn euros. This is due to a boom in global defence. The listing is part of a strategy by German parent Thyssenkrupp…

The latest sign of the boom in defence assets is the debut of TKMS on stock exchange

Posted to Maritime Reporter on October 20, 2025

TKMS, a German shipbuilder, will debut on the Frankfurt stock exchange Monday. This is part of a larger plan by Thyssenkrupp's parent company to streamline its structure in order to take advantage of the growing global demand for defence assets.

State Dept. says that Chinese sanctions against Hanwha US shipbuilding units are meant to 'coerce South Korea'.

Posted to Maritime Reporter on October 16, 2025

The Chinese sanctions on U.S. Hanwha Ocean affiliates this week are intended to undermine South Korea's cooperation with the United States and "to force" Washington's Asian allies, according to a spokesperson for the U.S. State Department on Friday.
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