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IHC Merwede announces EUR350m order windfall

IHC Merwede announces EUR350m order windfall
IHC Merwede has secured orders worth EUR350m ($473m) for fourteen dredgers and one 300 tonne pipelaying vessel, as well as onboard and simulation equipment.

The dredgers include IHC’s largest ever trailing suction hopper dredger for China’s CCCC Guangzhou Dredging Company (GDC). Meanwhile, plans include a further 11 standard “IHC Beaver” cutter section dredgers, a delta multi craft standard work boat and a booster station for undisclosed clients.

Further, the 300t pipelaying vessel, ordered by Sapura Navegação Marítima, will be bound for Brazilian waters undergoing flexible pipeline installation operations pursuant to Petrobras' contracts for the charter and operation of pipelaying support vessels, previously awarded to Sapura Navegação Marítima.

IHC will also be constructing a 2000 tonne J-Lay pipelaying system for Petrofac, to be incorporated a new a new deepwater construction vessel in 2016, as well as a cutter section dredger training simulator for Huta Marine Works.

“We invest in long-term relationships to provide the best possible solutions, so that our international customers continue to appreciate the reliability and efficiency of our products and services,” said Bram Roelse, coo of IHC Merwede.

The new orders will add to the six 550t pipelaying vessels still under construction at IHC Merwede, announced in August of last year.

In other news, IHC has placed a EUR23m order for three subsea cranes from Cargotec for fitment aboard three pipelaying vessels already being constructed at its yard.