Maritime Bulk Carriers
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Kongsberg Maritime to Acquire Arctic Propulsion Specialist Steerprop

The transaction expands Kongsberg Maritime's technology portfolio in high ice-class and specialized azimuth propulsion systems.

· Published 09 Sept 2026, 00:05 UTCAI-assisted, editor-reviewed
Kongsberg Maritime to Acquire Arctic Propulsion Specialist Steerprop
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Kongsberg Maritime has reached an agreement to acquire Steerprop, a Finnish designer and manufacturer of azimuth propulsion units tailored for challenging operating environments.

Steerprop has built a strong market position within the high ice-class and Arctic marine sectors, engineering propulsion hardware designed to withstand severe northern operations.

The company's mechanical azimuth thrusters and specialized propulsion systems are utilized across a range of heavy-duty tonnage, including dedicated icebreakers, polar research vessels, and offshore support units.

The transaction allows Kongsberg Maritime to broaden its existing propulsion portfolio, reinforcing its technological capabilities in navigating extreme ice conditions and meeting demanding operational requirements.

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