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>

<< May 2016 >>
MTWTFSS
25 26 27 28 29 30 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 31 1 2 3 4 5

7th Annual International Port Security Conference

The SMi Group announces the 7th annual International Port Security Conference. The event will be held in London on the 1st and 2nd of June 2016.

The conference aims to bring together key decision makers in the industry to discuss modern methods of port security and provide effective learning experiences for all delegates through the carefully selected expert speaker line up.

Interacting with delegates from across the globe and hearing from industry leading experts will ensure delegates are up-to-date with high priority information that enables you to best secure your seaports, civilians and means of trade.

Topics to be discussed include terrorism, cyber terrorism, emergency intervention procedures, optimising technology use in security checks and case studies featuring some of the largest ports across the world. Our diverse range of topics will allow delegates to learn best practices for port security and understand further how other ports are resolving core challenges.

More info

read more >

Canada LNG Export Conference and Exhibition 2016

Following the tremendous success of DMG’s 3rd Annual Canada LNG Export Conference & Exhibition, those fundamental to the development of LNG…

read more >

ACI’s 6th Maritime Security Management Asia

The conference will address detailed risk management and planning strategies that can be put in place in accordance with major regulations…

read more >

2nd Annual Global Tax Optimisation for Shipping 2016

In this expert briefing, delegates will gain insights on recent updates, strategies and solutions for strategic as well as day-to-day tax challenges…

read more >