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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


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


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


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 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%


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 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 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


IHC Merwede Reveals Healthy Orderbook

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IHC Merwede successfully increased its orderbook in 2013 across the main sectors of its business: offshore and dredging. The company received almost € 1.8 billion worth of new orders in the past year. At the end of 2013, the order book was valued at over € 1


IHC Merwede Appoints Bram Roelse as CEO

Bram Roelse (Photo: IHC Merwede)

IHC Merwede announced that it has appointed Bram Roelse as the company’s new Chief Executive Officer (CEO) with immediate effect as of April 1, 2014. He has taken over this leading role within the company from predecessor Dirk Philips who stepped back in November 2013.


Kongsberg Technology Chosen for 10 Petrobas Newbuilds

DP Controls: Image courtesy of Kongsberg Maritime

Kongsberg Maritime inform it has been contracted to deliver substantial technology packages for ten new pipelaying vessels ordered by Brazilian multinational energy corporation, Petrobras. In contracts valued approx. NOK 118 Million, the scope of supply includes Kongsberg Maritime's leading


Kongsberg to Equip 10 Newbuild Pipelayers

Kongsberg Maritime has been chosen to deliver substantial technology packages for ten new pipelaying vessels ordered by Brazilian multinational energy corporation, Petrobras. In contracts valued approx. NOK 118 Million, the scope of supply includes Kongsberg Maritime’s offshore vessel


State-of-the-Art Dredger Launched

Photo: IHC Merwede

AL BAHAR C/D HUTA 12 named, launched at IHC Merwede IHC Merwede named and launched the 23,545 kW self-propelled cutter suction dredger ‘AL BAHAR’ C/D HUTA 12 in a ceremony on March 8, 2014 at the company’s shipyard in Kinderdijk, The Netherlands.


IHC Merwede Launches Sapura Pipelayer

Sapura Topázipo. Photo: IHC Merwede

IHC Merwede has successfully named and launched the pipelaying vessel Sapura Topázipo in a ceremony at the company’s shipyard in Krimpen aan den IJssel, The Netherlands. The naming of the fully integrated IHC Merwede vessel was carried out by Puan Sri Datin Seri Yazreen Yahya


Two Management Changes at Ellicott Dredge

Rob Schettle (left) and Gert de Vries

Ellicott Dredge Enterprises announced two personnel changes to its senior management team. Gert de Vries has joined as Senior Director of Engineering, in which capacity he will be supporting the engineering departments of all of Ellicott's brands, principally Ellicott and Rohr-Idreco


Subsea Cranes, Cement Unloader Orders for Cargotec

Sub-sea crane: Photo credit MacGregor

Cargotec's MacGregor has secured a new IHC Merwede order for subsea cranes, and in Libya Cargotec is to supply a Turkish company with a mobile cement unloader to work ports along the coast. Subsea crane order MacGregor, part of Cargotec


Netherlands Shipyard to Build Ship for China

China order suction dredger: Image credit IHC Merwede

IHC Merwede says it has been successful in securing orders worth € 350 million for a wide range of dredging and offshore vessels and equipment, including a large trailing suction dredger for a Chinese customer. News of the orders as follows:


IHC Merwede Orders MacGregor Subsea Cranes

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MacGregor, part of Cargotec, has won an order worth around €23 million for six active heave-compensated (AHC) subsea cranes from the Dutch IHC Merwede.  The cranes will be installed on three pipe-laying ships destined for the U.K. headquartered global offshore specialist, Subsea 7


Petrofac Order Hi-end Offshore Construction Vessel

Image courtesy of Petrofac

Service provider to the oil and gas industry, UK-based Petrofac, confirms placement orders to build its new proprietary design Petrofac JSD 6000 deepwater derrick lay vessel, which will be available for construction and installation activities in early 2017.


Holland's IHC Merwede Chooses IFS Software Solution

Dredger at work: Image courtesy of IHC Merwede

Swedish business software applications company IFS say they have been selected by dredging vessel, mining & equipment firm IHC Merwede to support its key business processes. The contract licenses are worth approximately EUR 2 million. IFS Applications will be implemented as IHC


IHC Merwede to Build Advanced Dredger for Boskalis

Cutter Suction Dredger: Image courtesy of IHC Merwede

IHC Merwede has been contracted by Royal Boskalis Westminster (Boskalis) for the design, construction and delivery of a 23,684kW self-propelled cutter suction dredger (CSD) which will be one of the largest CSDs of its kind in the world. The shipbuilders say that as part of the close cooperation


Boskalis Orders Mega-Cutter Dredger

A large dredger: Photo Wiki CCL

Royal Boskalis Westminster N.V. (Boskalis) has ordered a new self-propelled megacutter from IHC Merwede. This self-propelled cutter suction dredger, with a total installed power of 23,700 kW and a pump ashore capacity of 15,600 kW, is a replacement investment


IHC Merwede CEO Resigns

IHC Merwede’s CEO, Dirk Philips, will step back from his role within the company. Over the past two months, he has led the management board to formulate some important aspects of IHC Merwede’s future business strategy, as well as the appropriate organization required to implement it


 
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