Kongsberg Maritime (KM) is set to become a standalone entity following shareholder approval on January 22, 2026, for its separation from Kongsberg Gruppen. The demerger aims to create two distinct listed companies to better target their respective markets: a defense-focused KONGSBERG and an independent Kongsberg Maritime ASA.
Key Listing & Governance Details
- Listing Date: Trading of the new company, Kongsberg Maritime ASA (ticker: MAR), is scheduled to begin on the Oslo Stock Exchange on April 23, 2026.
- Shareholder Structure: Existing shareholders will receive one share in the new maritime company for every share they hold in Kongsberg Gruppen.
- State Ownership: The Norwegian government intends to maintain its majority stake of 50.004% in both companies.
- Leadership: Lisa Edvardsen Haugan will serve as the CEO of the independent Kongsberg Maritime ASA.
- Board of Directors: The new board is chaired by Per Arthur Sørlie and includes Margareth Øvrum, Ivar Hansson Myklebust, Kristin Holth, and Anders Bade.
New High-Tech Contracts
Concurrent with the spin-off news, Kongsberg Maritime has secured significant new business in the renewable energy and research sectors:
- Floating Wind Construction: KM signed a contract to supply a comprehensive deck machinery package for Hana Shipping’s new 127-meter floating wind construction vessel (FWCV). The vessel will support the Ulsan Floating Wind Farm project in South Korea.
- Innovative Equipment: The package for Hana Shipping includes a 500-tonne main winch system, next-generation Shark Jaw systems, and high-capacity AH100 rail cranes.
- Research Vessels: The company also secured a contract to supply rim-drive thrusters for an advanced acoustic research vessel being built for the Indian Naval Physical and Oceanographic Laboratory (NPOL).
The remaining parent group, KONGSBERG, will consolidate its Defence & Aerospace and Discovery divisions into a single technology- and defense-focused entity.