Royal IHC Merges Four Units into IHC IQIP

Maritime Activity Reports, Inc.

March 6, 2015

Royal IHC (IHC) has integrated four of its business units – IHC Hydrohammer, IHC Handling Systems, IHC Sea Steel and IHC Fundex Equipment – into one new organization, which will operate under the name IHC IQIP.

IHC said the merger aims to offer a fully integrated solution for on- and offshore installation, foundation and decommissioning to customers in the oil and gas, offshore wind and coastal and civil markets.

“Many of our customers are already working with one or more of the four IHC business units now integrated under the IHC IQIP umbrella. This merger was the next logical step in our desire to quickly respond to clients’ requirements,” explained Bram Roelse, CEO at IHC. “In this way we further strengthen this vital part of our activities and create room for further growth. IHC IQIP will continue to contribute substantially to IHC’s overall proposition for its onshore and offshore customers.”

According to IHC, the markets in which IHC IQIP operates are developing rapidly. To maintain the profitability of their operations, companies in the oil and gas, offshore wind and coastal and civil markets are increasingly looking for ways to lower their costs, decrease risks and maximize project efficiency. This has led to a growing demand for integrated solutions.

Jan Albert Westerbeek, Executive Director of IHC IQIP, said, “By combining all of our experience and expertise, as a market leader, we are able to offer an innovative and complete range of equipment and services. Approaching the market as one organization means our customers will only have to deal with one point of contact, which benefits their project management and efficiency.”

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