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Shipbuilder Royal IHC sells IQIP to HAL

Shipbuilder Royal IHC sells IQIP to HAL

by Mariska Buitendijk | Mar 16, 2023 | Dredging, News, Offshore, Offshore wind, Ship design, Shipbuilding

Less than a week after a court ratified Royal IHC’s restructuring plan, the Dutch shipbuilder has already reached agreement to sell subsidiary IQIP Holding BV to HAL Investments BV. IQIP supplies foundations and installations to the offshore wind market. IHC...
What Van Oord’s LNG dredger Vox Apolonia looks like up close

What Van Oord’s LNG dredger Vox Apolonia looks like up close

by Mariska Buitendijk | Mar 14, 2023 | Dredging, Emissions, Marine fuels, News, Ship design, Ship propulsion, Shipbuilding, SWZ|Maritime

Today (14 March), Van Oord’s second dual-fuel LNG-powered trailing suction hopper dredger Vox Apolonia in a series of three will be christened. SWZ|Maritime was given a sneek preview with a tour of the vessel a day before. The state-of-the-art Vox Apolonia and...
Van Oord back in the black in 2022

Van Oord back in the black in 2022

by Mariska Buitendijk | Mar 13, 2023 | Dredging, Emissions, Energy transition, Land reclamation, Marine fuels, News, Offshore, Offshore wind, Ship propulsion

After suffering a EUR 62 million loss over 2021, 2022 was a year of growth and recovery for offshore and dredging contractor Van Oord. The company secured a net profit of EUR 60 million and has a healthy order book worth EUR 4.3 billion. Van Oord says 2022 was not an...
Shipbuilder Royal IHC allowed to sell IQIP to reduce debt

Shipbuilder Royal IHC allowed to sell IQIP to reduce debt

by Mariska Buitendijk | Mar 9, 2023 | Dredging, News, Offshore, Offshore wind, Ship design, Shipbuilding

Struggling Dutch shipbuilder Royal IHC has succeeded in getting the court to sign off on its financial restructuring plan. The plan allows IHC to sell its successful subsidiary IQIP to HAL Investments to improve its balance sheet. Royal IHC has been in financial...
Boskalis concludes 2022 with record order book

Boskalis concludes 2022 with record order book

by Mariska Buitendijk | Mar 9, 2023 | Dredging, Emissions, Heavy lift, Land reclamation, News, Offshore, Offshore wind, Project cargo, Salvage, Survey, Towage

Royal Boskalis concluded 2022 with a sharp increase in profitability and a strong increase in revenue. The order book also increased to an all-time high level. Compared to last year, revenue increased by 21.0% to EUR 3.58 billion (2021: EUR 2.96 billion). EBITDA...
Herman Senior acquires ST Marine Support

Herman Senior acquires ST Marine Support

by Mariska Buitendijk | Feb 27, 2023 | Dredging, News, Shipbuilding, Towage, Workboats

Dutch tug and workboat company Herman Senior has acquired all shares of ST Marine Support, a provider of maritime and offshore services. The acquisition includes ST’s three existing vessels and their upcoming newbuild, a Damen Multi Cat 3313SD, which is expected to be...
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