IHC Merwede Plans to Acquire Several Asian Shipyards

In pursuing efforts to gain international expansion, IHC Merwede is looking forward to declaring the acquisition of several Asian shipyards in the upcoming quarter Reuters reports.

The global market leader for efficient dredging and mining vessels and equipment, IHC Merwede is well equipped for future expansion. Earlier this year, the company secured the financial backing of its underwriting capacity to €1.5 billion.

This funding provides sufficient capacity for anticipated future growth. In addition, IHC Merwede expects to realize further growth of 10% in 2011, with a turnover of €1.1 billion and profits which will at least be equal to those made in 2010.

IHC Merwede will continue to focus on its priorities of growth, internationalization and innovation upon anticipating enormous demand for its oil drilling and deep-sea mining ships as China, India, and Southeast Asian nations strive to ensure commodities to foster their economies.

Shipbuilding Tribune Staff, December 9, 2011; Image: IHC Merwede

Share this article

Follow World Maritime News

Posted on December 9, 2011

In Depth>

Events>

<< Sep 2016 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

MARINE VIETNAM 2016

MARINE VIETNAM 2016 is the only specialized Shipbuilding and Maritime event in Vietnam that brings together an international congregation…

read more >

Arctic Shipping Forum North America

The ASF Arctic Shipping North America 2016 Innovation Award will be presented to a company or individual that has developed an innovative idea…

read more >

Singapore International Bunkering 2016

SIBCON 2016 will be about perspectives, conversations, dialogue, and above all networking. With all discussions under Chatham House rules…

read more >

TOC Americas

TOC (The Terminal Operations Conference) has long been considered best in class by container terminal operators and their suppliers. Over time, TOC has evolved and whilst they continue to deliver the highest quality technical content in line with their heritage, they also recognise that they must now hear from stakeholders higher up the cargo chain. Therefore, there are now two distinct elements to the event:

The exhibition is a showcase for port & terminal technology and operations plus TECH TOC, the free to attend technical conference aimed at terminal operators and their suppliers. Many suppliers come together to showcase cutting edge solutions to their clients, the terminal operators and ports.

More recently, the events now placed a new focus on the container supply chain making them the premier business and networking event for the stakeholders, including shippers, carriers and 3pl’s as well as the global operators and port authorities. This conversation takes place in the more recently created Container Supply Chain Conference.

More info

read more >