Integrating expanded propulsion portfolio
Kongsberg Maritime appears to be moving from completing the acquisition of Berg Propulsion to preparing the integration of Steerprop, a specialist in azimuth propulsion for Arctic and high‑ice‑class vessels. The company is positioning itself as a broader lifecycle partner for propulsion solutions across multiple segments.
Public announcements confirm that the Berg Propulsion deal has closed and is being integrated, while the Steerprop transaction remains subject to regulatory approvals before full integration can commence.
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Kongsberg Maritime announced that Berg Propulsion has officially become part of the Kongsberg Maritime family.
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Kongsberg Maritime completed the acquisition of Berg Propulsion after satisfying closing conditions and relevant regulatory approvals, describing the deal as a strategic step to expand its propulsion portfolio.
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Kongsberg Maritime indicated it is prepared to integrate Steerprop after closing through a phased process that preserves technical expertise, customer relationships, and delivery performance while introducing common business systems.
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Ocean News highlighted that Steerprop and Kongsberg Maritime will continue operating independently until closing, with existing projects, deliveries, and contractual obligations remaining unchanged.
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MarineLink described the Steerprop agreement as strengthening Kongsberg Maritime’s Arctic and high‑ice‑class propulsion capabilities and linking Steerprop’s technology to Kongsberg’s global organization, lifecycle services network, and systems integration capabilities.
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Kongsberg Maritime reported that it has entered into an agreement to purchase Steerprop, a Finnish specialist in azimuth propulsion systems for high‑ice‑class and Arctic vessels, with completion dependent on regulatory approvals and other closing conditions.