IHC Merwede has recently increased its underwriting capacity by more than 50 percent to nearly $2.2 billion. Of this amount, over $1.3 billion has been committed. The financial agreement has been forged between IHC Merwede and an international banking consortium made up of five banks, with the aim of facilitating international growth. The five banks which form the consortium all have large international networks. Three of the five – ABN AMRO, ING and Rabobank – were chosen for their proximity to IHC Merwede’s Netherlands-based business. The two foreign banks are the French BNP Paribas, and the German Deutsche Bank. The lenders have jointly facilitated the $2.2 billion sum, which will be used by IHC Merwede for guarantees, investments in long-term assets and acquisitions. Most importantly, the money will also enable IHC Merwede to finance vessel construction. www.ihcmerwede.com
IHC Merwede has entered the international rental market with its standard IHC Beaver dredgers and DMC work boats. The company has identified a demand in the market for vessels and equipment that may only be used for a relatively short period of time. In August, the first dredger – an IHC Beaver® 40 – was rented out to a contractor in Europe. The dredger was easily loaded on to trucks and transported to the dredging site
IHC Merwede strengthens its internationalisation strategy with new CEO for South East Asia. IHC Merwede, a global maritime, engineering and manufacturing group, has appointed Denis Welch as its CEO for South East Asia. He will be responsible for helping the company to reinforce its regional identity and expand its Asian-centred operations – which are focused on its offshore and marine activities. IHC Merwede President Govert Hamers says: “Mr Welch’s appointment
As a global market leader in dredging and mining vessels and equipment, and a reliable supplier of custom-built ships and supplies for offshore construction, IHC Merwede will be among the leading exhibitors at the Europort 2011 exhibition and CEDA Dredging Days technical forum in The Netherlands. The Europort event is one of the world’s largest maritime exhibitions and will take place in the heart of the Port of Rotterdam on 8-11 November
IHC Offshore & Marine, part of IHC Merwede, and SapuraCrest have signed two contracts for the design, engineering and construction of two new 550t pipelaying vessels. A third contract has been signed with OSX Construção Naval S.A. Brazil for the design and engineering of a 300t pipelaying vessel, as well as a large equipment package, supplied by IHC Engineering Business, among others. The orders have a total value of €450million
IHC Merwede and BAE Systems will enter into a cooperation agreement to meet the demands of the offshore construction vessel market in the USA. This cooperation enables IHC Merwede to enter new markets, which is in line with the company’s internationalization strategy. The partnership also allows BAE Systems to increase vessel new construction in its commercially focused shipyards. According to the agreement, IHC Merwede, as a main contractor
IHC Offshore Systems provides world’s biggest Noise Mitigation System to protect sea life. IHC Offshore Systems, part of IHC Merwede, is proud to announce it has been awarded a rental contract for the Noise Mitigation System NMS-6900. Dutch offshore contractor Seaway Heavy Lifting will operate the NMS-6900 during the installation of 30 monopile foundations for the Riffgat offshore wind farm off the north-west coast of Germany
IHC Hydrohammer, part of IHC Merwede, successfully used seawater instead of oil as a drive mechanism for the offshore installation industry. The company has developed and tested IHC Waterhammer technology to prepare it for launch to the market. This sustainable product development minimises potential oil spill hazards in the marine environment and presents new opportunities for deep-water offshore pile driving that will be beneficial to the future growth of offshore construction
Wärtsilä power and positioning systems have been selected for ships being built for use by the Brazilian energy company Petrobras Wärtsilä has been contracted to supply integrated power solutions to six new offshore Pipe Laying Vessels (PLVs) being built for operation in Brazilian waters. The majority of these orders were booked before the second quarter of 2012. The PLVs will be operating for the Brazilian multinational corporation Petrobras for the construction of
People who spend any time around the world’s ports and river estuaries are familiar with the sight of a cutter suction dredge working to maintain adequate depths in the navigation channels. Typically these suction dredges will be attached to the shore by a long umbilical of piping that takes the dredgate to a shore site where it can be utilized or trucked to another site. IHC Merwede offers a supplement to this system for use with their suction dredgers.
IHC Merwede delivered the Alberto Alemán Zubieta to Autoridad del Canal de Panama (ACP) in Panama City. The formalities were handled by ACP’s Contracting Officer, Mrs. Regina Donelson, after a successful trial period of 30 continuous days on the Panama Canal.
IHC Hydrohammer, part of IHC Merwede has developed and tested a new technology which uses seawater instead of hydraulic oil. This sustainable product development minimises potential oil spill hazards in the marine environment and presents new opportunities for deep-water offshore pile driving
IHC Merwede has successfully launched Subsea 7'ss 550t pipelaying vessel, Seven Waves, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was carried out by Mrs Lucia Andrade, the ship’s God Mother and Subsea 7 Brazil’s Vice President Projects &
MAN Diesel & Turbo makes the 500th sale of its 48/60 medium-speed engine to Huta Marine of Jeddah, Saudi Arabia who ordered a pair for its new dredger. The milestone was reached with the order of two common-rail variants of the engine by Huta Marine of Jeddah
Following the launch of the IHC Beaver 65 DDSP in February, the first vessel has been sold to Advanced Construction Company, a member of the Al Geithy Group, based in Saudi Arabia. Testing was successful completed at IHC Merwede’s shipyard in Sliedrecht, The Netherlands
IHC Merwede has revealed a healthy net profit margin of 4.1% in 2012 and a positive sales forecast for the year ahead. The company develops and builds vessels, equipment and life-cycle support services for the dredging, mining and offshore industries
The IHC Merwede stand (number 2625) will feature a diverse range of innovative vessels, advanced equipment and life-cycle support activities at this year’s Offshore Technology Conference (OTC). The company is exhibiting at the annual event in Texas, USA
IHC Merwede has launched the first IHC Beaver® 65 DDSP at the company's Sliedrecht shipyard in The Netherlands. The successor to the highly successful IHC Beaver® 6518 is part of the renowned IHC Beaver® series of standard cutter suction dredgers.
IHC Merwede extended its product range with the introduction of a new series of IHC Packhorse offshore support vessels at an official launch event in Singapore, organized by IHC Asia Pacific, a subsidiary of IHC Merwede. This latest development reinforces the company’s internationalization
IHC Merwede is building three 550t pipelaying vessels simultaneously at its Krimpen aan den IJssel yard in The Netherlands. The keel-laying ceremony for the first of two identical 550t pipelaying vessels for TL Offshore, a subsidiary of SapuraKencana, took place on Tuesday 15 January
IHC Handling Systems, part of IHC Merwede, has delivered a pile guiding tool for the installation of 80 wind turbine foundations at sea. This innovative tool was designed and constructed by IHC Handling Systems, and then installed on board Seajacks’ new jack-up vessel, ZARATAN, in autumn 2012
René Raaijmakers has been appointed as IHC Merwede’s new Offshore Sales Director. He succeeded the previous incumbent Twan Voogt on 1 December 2012. Mr Raaijmakers joined IHC Merwede’s in April 2012 as Product Director of the Renewables department and Manager of IHC
IHC Merwede unveils the IHC Beaver® 65 DDSP, a new IHC Beaver® series standard cutter suction dredger. The IHC Beaver® 65 DDSP, the successor to the highly successful IHC Beaver® 6518, is built for stock with short delivery times and designed and built under the BV Coastal Area
On Thursday 15 November, the delivery of the 5,500m³ trailing suction hopper dredger, DCI Dredge XIX, took place at Waalhaven in Rotterdam, the Netherlands. The dredger was received by the Dredging Corporation of India (DCI) Manager Mr YSR Murthy three weeks ahead of the contractual delivery
On Wednesday 22 August 2012 the keel-laying ceremony for the 550t pipelaying vessel for Subsea 7 took place at IHC Merwede’s yard in Krimpen aan den IJssel (The Netherlands). The keel laying was performed by Mr Rien Smallegange, Subsea 7’s Deputy Project Manager.