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IHC Merwede Books 300 Million Euros In New Orders

IHC Merwede announced on September 24 that the Group has acquired 300 million Euros in new orders.

The Dredging & Mining division has received assignments to design and build:

1. 4200 m³ trailing suction hopper dredge for the National Port Authority of South Africa

2. 2400 m³ trailing suction hopper dredge for a client in Angola

3. 2400 m³ trailing suction hopper dredge for JUHU Beach B.V. of the Netherlands.

The ship will be named JUHU Beach and it will be built at the IHC Merwede yard in Heusden. Completion is planned for early 2010. This assignment is for the first ship in a series. JUHU Beach B.V. is a subsidiary of Marken Dredging which is owned by the German Reinhard Wessels. This is a new client for IHC Merwede. The company was established recently and it will focus on managing dredging vessels in ownership. JUHU Beach is not a dredging contractor; it will provide dredging equipment through rental charter or operational leasing.

4. a stationary custom-built 16500 kW cutter suction dredge for Huta Marine Works of Saudi Arabia.

In the Offshore and Marine market IHC has won an order for the design and construction of a multi-functional offshore construction vessel for Subsea 7. This is the fourth order that IHC Merwede has received from Subsea 7. The first three were for a rigid reeled pipe layer a flexible pipe layer and a diving support vessel. The ship will be built at the IHC Merwede yard in Krimpen aan den IJssel. Completion is planned for the second half of 2010.

The group has also booked various assignments for the delivery of Hydrohammer piling hammers. These include an S-1200 and an S-1400 Hydrohammer spread for offshore piling work for the Thanet Offshore Wind Farm and an S-800 and an S-1400 Hydrohammer spread for the Robin Rigg Offshore Wind Farm in the U.K.

Hecker has ordered two S-90 and one S-200 Hydrohammer spreads for the installation of the JadeWeserPort container terminal in Germany.

The Dutch company Interbeton has ordered several Hydrohammer piling hammers for use in Dubai. Interbeton will be building the pile foundations for residences on one of the Palm Islands in Dubai.

The general trend in the oil and gas major civil engineering projects and the land market sectors is positive. These assignments will result in several man-years of work for the IHC companies their suppliers and sub-contractors. The full utilization rate in the years to come means that the work force is being expanded at virtually all levels of the organization.
Working at IHC Merwede

Shipbuilding in the Netherlands is on the up and the order book of the IHC Merwede group is well filled.

The organization is working hard on recruiting new people. People who like to get involved who enjoy working with the latest technology and who have an affinity with the maritime world are encouraged to apply. Information about vacancies can be found on the web site www.ihcjobs.nl. Unsolicited applications are also welcome.

IHC Merwede focuses on the continuous development of its design and construction activities for the specialized shipbuilding sector in particular the dredging and offshore industries. The IHC Merwede client base includes major dredging contractors oil and gas groups offshore contractors and government authorities.

The group has a workforce of approximately 2200 at the company’s locations in the Netherlands. The company also has operations in the U.K. China India the Middle East Nigeria Russia Singapore and Slovakia.

The U.S. affiliate is Dredge Technology Corporation headquartered in Wayne New Jersey.