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Ihc Caland

IHC Caland Cut

Dutch broker Amstgeld cut is recommendation for Dutch shipbuilding and engineering group IHC Caland to "Underperformer" from "Neutral". Amstgeld said it expected the company to show a "gap" in 2001 profits, as no major floating production and storage unit orders were recorded in the second half of 2000. Although the company will profit from a renewed surge in the oil and gas sector, shares will be hit by the disappointing 2001 situation, Amstgeld said in a note to investors. – (Reuters)


IHC Caland Logs $100M New Business

IHC Caland reported that it had won new orders recently worth more than $100 million and would continue to meet its banking covenants. J.P. Morgan had said in October that IHC's high gearing implied the risk of a possible breach of its debt covenants. The group, whose main activity is building and operating floating production and storage platforms (FPSOs) for oil companies, also said on Tuesday that U.S. oil major Exxon Mobil Corp


Merwede Shipyard to Build Holiday Ship

The National Association the Zonnebloem has chosen the Merwede Shipyard to build the new holiday ship for the sick and handicapped. The contract was signed on November 4 at the shipyard in Hardinxveld-Giessendam. The plan is to start work at the yard in spring 2005 on building the new holiday ship of the Zonnebloem. The first holiday makers will be able to board the ship in March 2006. Ton Rietdijk, director of Merwede Shipyard, is enthusiastic about the new commission


IHC Caland Profit Up

Dutch IHC Caland NV said on Monday preliminary net profit rose eight percent in 2000, and reflected on a "difficult and often frustrating year." Net profits are expected to be 75 million euros ($69.4 million), compared with 69.5 million in 1999. The figure came in at the low end of analysts expectations, but at exactly the level the company predicted in September. Company watchers had forecast the company's net profits would be 75.3-77.2 million euros, with a consensus at 76.3 million euros


IHC Merwede Opens Singapore Office

IHC Merwede B.V. launched its first regional office in Singapore. The setting up of this 38,000-sq.-ft. facility is part of IHC Merwede’s global strategy to provide its customers with optimal life cycle support and leverage upon the expanding Asia Pacific dredging and offshore markets. “With the rapidly increasing worldwide demand for oil and gas, we are seeing exciting opportunities, particularly within the Asia Pacific region. We are targeting to capture over 55%


Indofin Acquires Majority Stake in IHC Merwede

Indofin Group, the investment company, owned by the De Bruin family, has acquired a majority shareholding of 62% in IHC Merwede. Rabo Capital (10%) and IHC Merwede management and staff (28%) are the other principal shareholders. Indofin has obtained this significant stake in IHC Merwede by partially taking out each of its coshareholders. Indofin’s Chairman, Cees de Bruin, said, “We have already been a shareholder of this great company for eight years and we are in full support


IHC Merwede secures €200million in New Orders

IHC Merwede is pleased to announce that it has recently secured orders for advanced vessels and equipment in its core markets of dredging and offshore to the value of €200million.   The latest agreements confirmed by IHC Merwede include: a new pipelaying vessel for Subsea 7; a trailing suction hopper dredger for Weeks Marine Inc. (USA); an environmentally friendly deepwater dredger for Zheijang Dredging (China); and a 5


IHC Merwede to Showcase Solutions at OTC Houston 2012

IHC Merwede will exhibit a broad range of its innovative vessels, advanced equipment and lifecycle support activities at stand number 2625 at the forthcoming Offshore Technology Conference (OTC) 2012, which runs from April 30 to May 3 in Houston. As a supplier of custom-built vessels and equipment for the offshore market, IHC Merwede is renowned for focusing on the development of integrated solutions, as highlighted by its position as “the technology innovator


IHC Merwede Opens New Singapore Office

IHC Merwede officially opened its new Singapore office at the PSA Building today. The Singapore base will be the corporate headquarters for IHC Offshore & Marine’s Southeast Asia businesses, as it further expands its footprint in the region. IHC Merwede already has an IHC Parts & Services office in Jurong, which manages its life-cycle support operations. The new venture will focus on promoting IHC Merwede’s offshore and marine vessels and technology solutions


IHC Merwede Wins Dredging and Offshore Orders

Photo: IHC Merwede

IHC Merwede has secured orders worth €350 million for a wide range of dredging and offshore vessels and equipment. The company’s Dredging division has confirmed new contracts for the delivery of a large custom-built trailing suction hopper dredger, 13 units that will be supplied by IHC Beaver Dredgers and a cutter suction dredger training simulator.   The Offshore division has also announced orders for the construction of a 300-metric-ton pipelaying vessel


DEME, Royal IHC win DPC Innovation Award

LNG powered hopper Minerva under construction in Kinderdijk Photo Royal IHC

On November 10, DEME and Royal IHC have been awarded a DPC Innovation Award for the world’s first liquefied natural gas (LNG)-powered Trailing Suction Hopper Dredgers (TSHD). The DPC Innovation Awards consisted of 13 categories looking at the most innovative and forward-thinking projects


Royal IHC Bags Uruguay Order for TSHD

Signing ceremony custom-built TSHD ANP Uruguay

Royal IHC has signed a contract for the design, construction and delivery of a 4,200m3 trailing suction hopper dredger (TSHD) with Administración Nacional de Puertos (ANP) in Montevideo, Uruguay. The contract was signed by Mr Alberto Diaz Acosta, President of the Board of Directors of ANP


Royal IHC Signs Contract with Shanghai Salvage

550t Reel Lay system for Shanghai Salvage (Photo: Royal IHC)

Royal IHC has announced they have signed a contract with Shanghai Salvage in China for the supply of an integrated 550t Reel lay system. This will be the first Reel lay system in the Chinese market and will be one of the largest and most sophisticated Reel lay systems worldwide.


First LNG-powered Hopper Dredger Launched

Worlds first LNG-powered hopper dredger Minerva launched Photo Royal IHC

The launch ceremony of DEME’s 3,500m3 LNG-powered trailing suction hopper dredger (TSHD) MINERVA took place on 3 December at Royal IHC's shipyard in Kinderdijk, The Netherlands. The official name giving and christening ceremony will take place in the spring of 2017 in Zeebrugge, Belgium.


Royal IHC Upgrades Three CSDs for NMDC

Al Sadr (Photo: Royal IHC)

National Marine Dredging Company (NMDC) of Abu Dhabi, a dredging contractor in the Middle East and key player in the creation of the new Suez Canal, has granted Royal IHC an order to upgrade the automation of three heavy-duty cutter suction dredgers (CSDs).  


Wärtsilä to Power Two Indian Dredgers

The new 8000m3 trailing suction hopper dredgers being built for the Adani group  Photo Wärtsilä

Wärtsilä has won an order for two new 8000m3 trailing suction hopper dredgers being built for the Adani group, India's largest private multi-port operator. The vessels are the first of a new IHC Beagle series designed by Royal IHC (IHC) of the Netherlands. IHC will also build the dredgers


IHC Takes Majority Stakes in Tompkins

Courtesy Modus Seabed Intervention

Royal IHC and Tompkins UK Limited are strengthening their strategic cooperation with IHC’s acquisition of a majority stake in Tompkins, the parent company of Modus Seabed Intervention and a partner in the TI Geosciences joint venture (that IHC and Tompkins created in 2015).


Royal IHC, NETICS Join Forces

NETICS Baggertube Vogeleilanden van baggerspecie in De Putten (The Netherlands) Photo Royal IHC

Royal IHC has entered into a partnership with NETICS, a civil engineering and consultancy agency. A leading global player in engineering with dredged sediments, NETICS specialises in ‘building with nature’ and designs innovative hydraulic structures made from reclaimed sediment.


Royal IHC Completes Kargest TSHD in China

LEFT Alexander van Noort COO IHC - RIGHT Mr Luo Rijia Deputy Chief Engineer of CCCC GDC (c)Photo Royal IHC

After 19 months of building, trailing suction hopper dredger (TSHD) JUN YANG 1 left Kinderdijk on 15 August 2016. A ceremony to celebrate the on-time completion was held before the vessel set off for Guangzhou, China where she will be handed over to CCCC Guangzhou Dredging Company (GDC)


Royal IHC Upgrades TSHD Pump for Van Oord

Photo: Royal IHC

Royal IHC informs it has completed the upgrade of the underwater pump and jet water system on trailing suction hopper dredger (TSHD) VOLVOX TERRANOVA for Van Oord.  The renovation involved a complete engineering package, including a plan of repairs for the ship’s hull and


Africa’s First Dredging Simulator Unveiled

Photo courtesy of TNPA

Africa’s first ever dredging simulator was launched in the port city of Durban, South Africa – another positive spin-off of ongoing collaboration between Transnet National Ports Authority (TNPA), the Transnet Maritime School of Excellence (MSoE)


Rotterdam Port Tests In-Water Drones

Photo: The port of Rotterdam

 The Port of Rotterdam is pioneering a new technology it says will make the port smarter: a water drone.   Ever since the 'insane' plan of Pieter Caland to build the Nieuwe Waterweg, new solutions that make the port of Rotterdam smarter, more efficient


Royal IHC, TNPA Launch Dredge Training

Royal IHC cooperates with TNPA on new dredge

The inauguration of an IHC dredging simulator was held at Transnet’s Maritime School of Excellence in Durban, South Africa on Friday 2 September. The launch marked the start of a new dredge training programme to develop and enhance the knowledge and skills of local dredging personnel.


Royal IHC Names Vergunst CFO

Royal IHC has appointed Arie Vergunst as Chief Financial Officer as of October 1, 2016. Vergunst succeeds Dave Vander Heyde, who became CEO on September 1, 2016.   Vergunst has worked at IHC since June 2007 in several financial positions, both at holding level as well as in the business


DBL Group Bangladesh Enters Dredging Market

DBL Group Bangladesh enters dredging market with IHC Beavers and work boats. (Photo: DBL)

Dhaka-based business conglomerate DBL Group has recently launched its dredging business, DBL Dredging. To support its entry into this new market it ordered two IHC Beaver 50 cutter suction dredgers (CSDs), and two Delta Multi Craft (DMC) 1050 work boats.






 
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