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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


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.


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).


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


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).  


Heavy Hitter: Meet the Hydrohammer S-4000

(Photo: IHC IQIP)

IHC IQIP has launched its new S-4000 Hydrohammer pile-driving system. The Royal IHC business unit’s latest development in hydraulic impact hammers is the largest available on the market, and enables the installation of offshore foundations in even the toughest ground conditions with the


Royal IHC Bags NMDC's TSHD Contract

Royal IHC awarded contract for  TSHD Photo by NMDC

Royal IHC (IHC) and National Marine Dredging Company (NMDC) have signed a contract for the construction of the first custom-build state-of-the-art trailing suction hopper dredger (TSHD) in the Gulf area. The contract was signed at NMDC’s headquarters in Abu Dhabi


Port of Rotterdam Reconfigures Cargo Traffic Scheme

Image: Port of Rotterdam Authority

Port of Rotterdam Authority to redirect 4km of port section of Betuwe Route   The Port of Rotterdam Authority is going to redirect approximately 4km of the port (or first) section of the Betuwe Route. As a result, the railway line will no longer run over the Caland Bridge


Royal IHC Delivers another Dutch Dredger

Photo: Royal IHC

On February 18, 2016, Royal IHC delivered the trailing suction hopper dredger (TSHD) Mahury to Baggerbedrijf de Boer – Dutch Dredging. The twin-screw TSHD was built at IHC’s partner shipyard, MTG Dolphin, in Varna, Bulgaria. The Mahury was launched on August 14 and named on October


Wärtsilä's' BWMS for New Crane Ship Design

AQUARIUS UV Ballast Water Courtesy Wartsila

A new crane ship designed by Netherlands based Royal IHC, a global leader in offshore, dredging and mining vessels, will feature the Wärtsilä Aquarius UV Ballast Water Management System (BWMS). The first vessel of this design is currently under construction at a shipyard in China


European Consortium Launches Blue Nodules Project

Project Blue Nodules Deep Sea Mining Concept Courtesy EC

On 1 February a European consortium launched a new Horizon 2020 project: Blue Nodules. This project addresses the challenge of creating a viable and sustainable value chain to retrieve polymetallic nodules from the ocean floor. It will develop and test new highly-automated and sustainable


Royal IHC and DIHAG Acquire Allard-Europe

Royal IHC and German company DIHAG Holding GmbH have jointly acquired the Belgian steel and iron foundry, Allard-Europe NV. IHC and DIHAG each take an equity stake of 40% and 60% respectively.   Through this acquisition, IHC is able to realize a reliable supply chain (competitive on


DEME Orders Trailing Suction Hopper Dredger

Image: DEME

With the order of the Bonny River at Royal IHC, the Belgian dredging, environmental and marine engineering group DEME is investing in a new generation of trailing suction hopper dredgers which will be trendsetting in coastal protection and dredging hard soils


Adani Group Buys Two Royal IHC Dredgers

IHC Beagle 8 trailing suction hopper dredger courtesy Royal IHC

The Adani Group has signed a contract for two IHC Beagle 8 trailing suction hopper dredgers (TSHDs).   These two 8,000m3 vessels belong to the standardised IHC Beagle series, designed and built by IHC using over a century of dredging experience


Van Oord Orders Cutter Suction Dredger

Van Oord has ordered a new cutter suction dredger from Royal IHC. The vessel, to be named Biesbosch, is a modular IHC Beaver 65 DDSP built at the yard in Sliedrecht, and is scheduled for delivery April 1, 2016.   Once delivered, Biesbosch


Royal IHC Launches Seven Cruzeiro, Names Seven Sun

Seven Cruzeiro (Photo: IHC)

Royal IHC has named and launched the 550t top tension capacity pipelay vessel, Seven Cruzeiro, at its shipyard in Krimpen aan den IJssel. This is the final pipelaying vessel in a series of three ordered by Subsea 7, and the naming ceremony was performed by Sally Rosa, wife of Ricardo Rosa






 
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