Kongsberg Gruppen Q4 Beats Forecast
Missile air defence system, increased its order backlog to 157.4 billion crowns at the end of 2025 from 142.3 billion in the third quarter, its report showed.The group's share price has risen 24% year-to-date.The company is due to spin off its civilian-focused Kongsberg Maritime unit in April.(Reuters
Japan Retrieves Rare Earth Mud from Deep Seabed
of dual-use items that can be used for military purposes to Japan, including rare earths, amid a diplomatic dispute.Japanese components manufacturer TDK 6762.T said on Monday that it is being affected by Chinese export restrictions on rare earths and is taking steps to diversify its procurement sources.(Reuters - Reporting by Yuka Obayashi; Editing by Ros Russell
Finland Joins EU, Baltic Partners to Strengthen Subsea Monitoring
sea and the exclusive economic zone," it said in a statement.The Baltic Sea region is on high alert after a string of power cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022, and NATO has increased its Baltic Sea presence with frigates, aircraft and naval drones.(Reuters - Reporting by Anne Kauranen, editing by Anna Ringstrom and Essi Lehto
Prysmian to Buy ACSM Subsea Cable Company
;subsea surveying, seabed preparation and installation capabilities in-house, it said.Prysmian completed two major acquisitions in the last years, both in the U.S., finalising a $1.15 billion deal for Channel in 2025 and acquiring Encore Wire for about $4.2 billion in mid-2024.($1 = 0.8523 euros)(Reuters
The Metals Co Seeks International Deep Sea Mining Permit Under New Process
on Wednesday said it would consolidate the licensing and permitting process into a single and ostensibly shorter review."Those amended regulations pave a pathway for faster permitting and us moving into commercial production sooner rather than later," Gerard Barron, TMC's CEO, told Reuters.COMPANY HOPES TO OBTAIN PERMIT BY YEAR-ENDThe Vancouver-based company hopes to obtain its permit by the end of the year, Barron said.London-listed miner and commodity trader Glencore has agreed to buy metals TMC extracts from the seabed.Under the new guidelines, The Metals Co resubmitted an
New Map Reveals Terrain Below Antarctic Ice Sheet
now also identify better where Antarctica needs more detailed field survey, and where it does not," Bingham added.Ancient landscape formed by rivers revealed deep under Antarctic ice Read full storyRapid loss of Antarctic ice may be climate tipping point, scientists say Read full story(Reuters
Russia-Linked Ship Held in Cable Sabotage Case Released
."Finnish and Estonian police have completed their work on board the vessel, and the seizure can therefore be lifted," head of the investigation at Finland's National Bureau of Investigation, Risto Lohi, said in the statement.Some of the ship's crew remain under a travel ban, he added.(Reuters - Reporting by Stine Jacobsen, editing by Terje Solsvik
TotalEnergies Snags Exploration Nod Offshore Lebanon
on its fourth exploration licensing round and would propose amendments to terms within a month to attract more bidders.Israel and Cyprus have already made major offshore gas discoveries in the eastern Mediterranean, notably the Leviathan and Aphrodite fields, highlighting the region's potential.(Reuters
Latvia Police Board Vessel After Baltic Sea Cable Breach
has not affected Latvian communications users," she wrote on X.The latest incident is made public five days after Finnish police seized a cargo vessel en route from Russia to Israel on suspicion of sabotaging an undersea telecoms cable running from Helsinki across the Gulf of Finland to Estonia.(Reuters - Reporting by Andrius Sytas, additional reporting by Anna Ringstrom, writing by Terje Solsvik, editing by Gwladys Fouche
December 2025