Category: DIC-100
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TKMS Sets Sail on Frankfurt Debut
ThyssenKrupp Marine Systems (TKMS), a leading German warship builder specializing in non-nuclear submarines, frigates, and underwater technologies, made its stock market debut on October 20, 2025, on the Frankfurt Stock Exchange. What is your assessment? DIC-100, Defence Industry Chief: Below is my strategic-level assessment of the TKMS (ThyssenKrupp Marine Systems) IPO and its implications. I…
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U.S. Slaps Port Fees on China-Linked Ships
The U.S. Trade Representative (USTR) initiated an investigation under Section 301 of the Trade Act of 1974 into China’s practices aimed at dominating the maritime, logistics, and shipbuilding sectors. This probe, prompted by a petition from U.S. labor unions in April 2024, concluded that China’s subsidies, non-market practices, and dual-use infrastructure (supporting both commercial and…