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Royal IHC to sell IQIP to lower debt load

Royal IHC to sell IQIP to lower debt load

by Mariska Buitendijk | Nov 14, 2022 | Dredging, News, Offshore, Offshore wind, Renewables, Ship repair/maintenance, Shipbuilding, Submarines

After announcing to reduce its workforce further and to temporarily close down its yard in Krimpen aan den IJssel little more than a month ago, Royal IHC is taking another step to address its dire position. The Dutch shipyard now wants to sell profit-making IQIP. This...
What an underwater superyacht could look like

What an underwater superyacht could look like

by Mariska Buitendijk | Oct 17, 2022 | News, Ship design, Shipbuilding, Submarines, Yachts

Dutch U-Boat Worx has revealed the design of a 1250-tonne, 37.5-metre yacht submarine, the Nautilus. The underwater superyacht could be built within thirty months and comes with a price tag of EU 25 million. Since Jules Verne’s 20,000 Leagues Under the Sea came out in...
Royal IHC to sell IQIP to lower debt load

Royal IHC lays off 251 employees after new shipbuilding orders stall

by Mariska Buitendijk | Oct 3, 2022 | News, Ship design, Shipbuilding, Submarines

Royal IHC will lay off 251 people in the coming months due to a lack of new large shipbuilding and ship repair orders. In addition, the Dutch shipbuilder will temporarily close its yard in Krimpen aan den IJssel. In November 2020, Royal IHC also announced a major...
Request for proposal for new Dutch submarines ready, budget raised

Request for proposal for new Dutch submarines ready, budget raised

by Mariska Buitendijk | Oct 3, 2022 | Navy, News, Ship design, Shipbuilding, Submarines

The Dutch Ministry of Defence has reached an important milestone in its submarine replacement project. The request for proposal is ready and will be sent to the three candidate shipyards in mid-November 2022. In addition, the budget for the project has been increased....
Australia pays Naval Group € 555 million to get out of submarine contract

Australia pays Naval Group € 555 million to get out of submarine contract

by Mariska Buitendijk | Jun 17, 2022 | Navy, News, Shipbuilding, Submarines

The Australian government has reached a settlement with the Naval Group to conclude the Attack class submarine programme for which it will pay EUR 555 million. The government decided to terminate the contract with Naval in favour of nuclear-powered submarines to be...
Thyssenkrupp Marine Systems acquires MV Werften

Thyssenkrupp Marine Systems acquires MV Werften

by Mariska Buitendijk | Jun 13, 2022 | Navy, News, Passenger ships, Ship design, Shipbuilding, Submarines

Thyssenkrupp Marine Systems (tkMS) will take over the shipyard location of MV Werften in Wismar. With this move, one of the most traditional shipbuilding locations in Germany once again has a long-term outlook. Depending on orders, tkMS could produce submarines in...
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