Niron Staal, VOSTA LMG Sign Long Term Agreement

(Press Release)
Monday, June 04, 2012

As a result of the need for innovation in the dredging market, Niron Staal and VOSTA LMG Cutting and Coupling Systems have entered into a long term agreement for manufacturing and delivery of advanced cutting systems. Both companies have a rich history of cooperation which goes many years back. The need for more advanced cutting systems and the necessary investments calls for an even closer and more strategic cooperation.

VOSTA LMG is a well experienced technical provider in the dredging industry and with excellent technical know-how. Niron Staal, part of SHIPDOCK HOLDING, has a wide-range experience in manufacturing, steel construction, machining and servicing of dredger- and offshore components and is a renowned contractor for these industries.

VOSTA LMG: “Important part of our strategy is innovation and this asks for improvement of manufacturing technology and quality. These are exactly the subjects which form a part of the agreement. The combining of the two companies’ strengths will speed up and ease the means for customers to reduce their operating costs, increase production of their cutter dredgers and achieve compliance with the markets requirements. This cooperation is a major step in our strategy to strengthen our position in the dredging industry and to be the most valued partner for our customers with a complete range of innovative products and solutions.”

NIRON STAAL: “We are ambitious to expand our presence in the dredging industry and develop and improve our manufacturing and service activities in this field. The long term agreement has a strategic value and will support both VOSTA’s upcoming innovations and our mentioned ambitions. We both benefit from sharing knowledge and networks.”



 


People & Company News

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Contracts

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up

Offshore

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Onshore Spending on the Cusp of Recovery?

DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Dredging

Royal IHC Upgrades TSHD Pump for Van Oord

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.

Damen Repairs Two Van Oord Barges

Damen Shiprepair Vlissingen recently completed a broad scope of maintenance and repair works on the Van Oord-owned Split Hopper Barges Jan Blanken and Jan Leeghwater.

ROV Dredger Goes to Work in Singapore

Ellicott Dredge Technologies (EDT) announced the successful start up and installation of a state-of-the-art Mud Cat brand remotely operated vehicle (ROV) at the

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pipelines Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1065 sec (9 req/sec)