Germany reviews warship order after delays / Photo: Gints Ivuskans - AFP
-
Niraj Kumar earns Los Angeles Olympic quota with 50m rifle bronze
-
Delhi gold loses Rs 800 while silver falls Rs 5,000
-
India extends micro-credit guarantee plan for five years
-
Madlanga Commission Deadline Extended to 2027 Amid Calls for Structural Justice Reform
-
Pradeep Antony, Smeha Manimegalai portray secret spouses in Mr & Mrs Office
-
Zelenskyy arrives in Dublin for meetings on Ukraine and peace efforts
-
Woman barred from every Greggs outlet after series of offences
-
Jury hears social-media image helped identify teen in Scarlett Faulkner case
-
Ketchup packets link suspect to break-in at Eddie Rocket’s restaurant
-
American Airlines passenger falls ill and vomits on three travellers
-
US Inflation Broadens as Fed Officials Consider Faster Rate Hikes
-
Spain's General Strike Links Housing Crisis to Lost Purchasing Power
-
Euro-Area Inflation Reaches 4% as Energy Prices Jump
-
China's Factory Inflation Accelerates While Consumer Demand Stays Weak
-
US Adds 165,000 Jobs as Unemployment Falls to 4.1%
-
Bank of England Raises Interest Rate to 4% as Energy Risks Intensify
-
Energy Costs Push OECD Inflation Up to 4.5%
-
OPEC Says Oil Output Is Near Prewar Levels Despite Shipping Disruptions
-
China's Trade Surplus Passes $1 Trillion as Technology Exports Surge
-
China's Singles' Day Exposes Persistent Consumer Caution
-
Irish police prepare for further hoax bomb threats after hundreds of schools targeted
-
Korea, Singapore and New Zealand Advance Green Trade Pact Talks
-
RBA Inflation Target Origins: Why Australia Chose a Range Over Zero
-
Ireland and Ukraine consider drone cooperation memorandum after Dublin talks
-
Sister recounts fatal machete attack as Irish murder trial continues
-
Georgia refrigeration company sues EPA after five-year HFC reprieve
-
HoloCoder technology promises brighter smartphone images and 3D depth data
-
EU proposes broad consumer safeguards for apps, subscriptions and ticketing
-
Early Black Friday Walking Pad Deals: Urevo and WalkingPad Discounts
-
Nvidia faces scrutiny over alleged Chinese intelligence link to Jensen Huang
-
Radical Numerics develops offline AI tool to detect engineered pathogens
-
Chennai orders inquiry after dogs die at shelter; two veterinarians face action
-
Kiara Advani Reveals Sidharth Malhotra’s Reaction to Toxic Backlash
-
Startup turns Chennai’s history and culture into an interactive world
-
Four firms compete to design Chennai’s model mobility corridors
-
LiveOne (NASDAQ:LVO) Reports H1 Fiscal 2027 Revenue of $37.3M and Audio Division Revenue of $36.3M with Over $7.8M Adjusted EBITDA*
-
West Palm Beach Plastic Surgeon Dr. Thomas Pane Discusses When Liposuction May Be Considered for Lipedema
-
NuRAN Wireless Highlights Recurring Revenue Economics and Growth Potential of Its 5,092-Tower Contracted NaaS Portfolio
-
GameSquare Announces Peaky Blinders Digital Fan Experience, Advancing the Company's IP Monetization Strategy
-
UFC Hall of Famer Michael Bisping Backs Xycota Biosciences' Low-Dose Psilocybin Research on PTSD and Concussion
-
SMX Bridges AI and Industrial Material Science With New Intelligence Platform
-
PodcastOne (NASDAQ:PODC) Reports Record 1H & Q2 Fiscal 2027 Financial Results; 1H Fiscal 2027 Revenue of $31.5M and Adjusted EBITDA* of $2.9M
-
SRH Total Return Fund, Inc. Increases Its Quarterly Distribution By 15% - Sixth Consecutive Annual Increase
-
Ondas Posts Record Q3 2026 Revenue of $167.5 Million on Strong Bookings and Backlog Growth; Raises Full-Year Outlook
-
Bloomia Holdings, Inc. Announces September 30, 2026 Financial Results
-
Greene Concepts Advances Bulk Water and Co-Packing Strategy
-
Amarc and Freeport Successfully Complete 2026 Joy Copper-Gold District Exploration Program
-
Nextech3D.ai to Present at the Small Cap Growth Virtual Investor Conference November 18th at 12:30 p.m. ET
-
Impauer Technologies Unveils Frictionless Gasless Transaction Routing for Pauerone Wallet V2
-
BK Technologies Reports Third Quarter of Fiscal Year 2026 Results
Germany reviews warship order after delays
Berlin said Friday it was reviewing a major warship order that has faced lengthy delays, as reports suggested a German group might take over the project from a Dutch shipbuilder.
The order for the advanced F126 frigates is the German navy's biggest in years, and comes as Berlin seeks to overhaul its creaking armed forces in the wake of Russia's invasion of Ukraine.
The contract for the six warships -- set to be the largest vessels in the German fleet -- was awarded years ago to Dutch group Damen Naval, and is reported to be worth over 10 billion euros ($12 billion).
The first was due to be delivered in 2028 but this has been delayed by three to four years due to problems with the IT systems, according to German media reports.
The whole project was now on hold due to "massive delays", a defence ministry spokesman said in Berlin, adding: "We are currently investigating how to proceed, but no decisions have been made yet."
He refused to comment on whether a German group was in the running to take on the project.
It came after newspaper Bild reported that German shipyard Naval Vessels Luerssen (NVL) was now set to take over as the main contractor from the Dutch group.
NVL, based in the northern port city of Bremen, said in a statement to AFP that the shipyard was "ready to assume responsibility" and look at taking on the project if requested to do so.
It declined to give further details.
The German shipbuilder earlier this month agreed to be taken over by Rheinmetall, Germany's biggest defence company, which has been expanding rapidly since the outbreak of the Ukraine war.
The Rheinmetall-NVL deal is set to close in early 2026.
The influence of Rheinmetall in political circles in Berlin is likely to have helped in reaching an agreement over the F126 warships, Bild said.
The defence ministry also said that it is planning to upgrade some existing frigates so they can be used until 2035, to allow extra time for the delivery of the new warships.
T.Ward--AMWN