IHC Asia Pacific, a subsidiary of IHC Merwede, has signed an agreement with Jaya Shipbuilding and Engineering Pte Ltd, which enables IHC Asia Pacific’s high-specification offshore vessels to be produced by Jaya at its yards in Singapore and Batam, Indonesia. As part of the wide-ranging terms, IHC Merwede will also provide engineering support services to Jaya.
The agreement creates the opportunity for future cooperation between the two companies. It is compatible with Jaya’s strategy of building sophisticated and modern offshore vessels and IHC Merwede’s plans for further expansion of its integrated shipbuilding and equipment manufacturing operations in the region.
Picture: Venkatraman Sheshashayee, Jaya Holdings’ Chief Executive Officer and Executive Director, and Denis Welch, IHC Asia Pacific’s Chief Executive Officer