Thyssenkrupp and Carlyle in talks

U.S. global investment firm Carlyle is evaluating cooperating with German industrial giant Thyssenkrupp AG on the planned separation of its marine business, Thyssenkrupp Marine Systems, whose Kiel site is Germany’s largest shipyard. Both companies agreed to enter into an in-depth examination and valuation (due diligence) of the business with a view to a possible partial sale of Thyssenkrupp Marine Systems (TKMS) to Carlyle.

Thyssenkrupp Marine Systems products include its HDW non-nuclear...

https://www.marinelog.com/news/thyssenkrupp-and-carlyle-in-talks/

Propulsion-related defects found in three South Korean submarines

South Korean Navy officials have confirmed the discovery of a number of defects that will place three of the service’s diesel-electric submarines out of action for ..

The post Propulsion-related defects found in three South Korean submarines appeared first on Baird Maritime.

https://www.bairdmaritime.com/work-boat-world/maritime-security-world/naval/submersibles-naval/propulsion-related-defects-found-in-three-south-korean-submarines/