Panerai adds two Marina Militare Submersibles from €12,300

Panerai has grown its Marina Militare Submersible collection with two steel dive watches, the Destro PAM01757 and the GMT PAM01758. Both draw on the brand's long history supplying precision instruments and watches to the Italian Navy, a relationship tracing back to the 1910s.

The two references share a design language but diverge more than the names suggest. The PAM01757 is a 44mm left-handed Destro with the crown on the left side, while the PAM01758 GMT comes in a smaller 42mm case with the crown in its conventional position.

Both watches are rated water-resistant to 500 meters and share a unidirectional rotating bezel fitted with a matte black ceramic insert carrying a raised diving scale. The black insert is a deliberate callback to the PAM00389 from 2012, a touch Panerai has not used often on Submersibles.

The Submersible itself is a relatively recent branch of the Panerai tree. It arrived in 1998 with the PAM00024 Luminor Submersible Automatic Acciaio and has since become the brand's most rugged, professional expression, defined by the rotating bezel.

What the PAM01757 Destro offers

The PAM01757 Destro measures 44mm across and 13.94mm thick in a fully brushed stainless steel cushion-shaped case. Moving the crown and its hallmark protective bridge to the left, in Italian Destro means right, keeps it clear of a right-handed wearer's wrist.

Its grained matte black dial carries applied hour markers filled with beige Super-LumiNova, matched by the lume pip on the bezel. There is no date window, and the small seconds sub-dial is at 3 o'clock owing to the flipped orientation. The sapphire crystal fronts a solid steel caseback.

Inside is the automatic P.980 calibre, produced at ValFleurier, running at 4hz with a 72-hour power reserve from a single barrel. The caseback is engraved with the Silura a Lenta Corsa, the Maiale miniature submarine used by Royal Italian Navy commandos in the Second World War.

The watch ships on a Ponte Vecchio gold-brown vintage leather strap tapering from 24mm to 22mm at a trapezoidal brushed steel buckle. A second black accordion-style rubber strap and a travel pouch are included. The price is set at €12,300.

What the PAM01758 GMT changes

The PAM01758 GMT keeps the same brushed steel case and matte black ceramic bezel, but at 42mm and 14.38mm thick it is slightly taller than its sibling despite the smaller diameter. The PAM01758's unidirectional bezel features a polished finish.

Where the Destro stays clean, the GMT earns its name. The black dial holds a recessed small seconds at 9 o'clock, a bevelled date window at 3, and an angled inner flange printed with a 24-hour scale. An orange and beige triangular tip marks the additional GMT hand.

It runs on the P.900/GMT24H, a caller-style movement in which the 24-hour hand adjusts independently for home time. The calibre beats at 28,800 vibrations per hour, holds 23 jewels and a 72-hour reserve on one barrel, and adds the GMT function over the same base as the P.980.

Panerai presents the GMT on the identical Ponte Vecchio leather with a black rubber second strap and travel pouch. It retails for €12,700. Both references carry an Annual Production engraving on the caseback, meaning the run is capped by year rather than limited to a fixed number.

Fratello's reviewer, who wore both, preferred the Destro for its uncluttered dial and the way Panerai moves the whole crown-protection assembly rather than the crown alone. He places the GMT alongside the titanium Tudor Pelagos FXD GMT as one of the coolest GMT divers available now.

The comparison invites price scrutiny. The Pelagos FXD GMT is METAS-certified in titanium and listed around £4,260, less than half the Panerai, and a recurring theme in reader comments is that Panerai's pricing has drifted a long way from its product.

Panerai's own year has been full. Alongside this duo, the maison introduced a smaller 42mm Luminor series and pieces marking the centenary of its Florence boutique, so the Marina Militare pair lands as part of a broader push to balance heritage with contemporary watchmaking.

We have covered Panerai across our watches jewelry section and keep a brand page with its story and retail price list. The new Submersibles sit in the same catalogue as the Luminor PAM01731 Tobacco and PAM01732 Destro, the references our earlier reviews singled out this year.

Both Marina Militare models are available now through Panerai. The brand positions them as capable dive tools with 500-meter ratings and military-inspired styling that also hold up as daily wearers, a balance it has leaned on throughout 2026.