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HAL may be willing to rescue IHC again by buying IQIP

HAL may be willing to rescue IHC again by buying IQIP

by Mariska Buitendijk | Dec 12, 2022 | News, Ship design, Shipbuilding

After already being involved in the rescue operation that saved Royal IHC from bankruptcy in 2020, investment company HAL comes to the aid of the struggling Dutch shipbuilder once again. Allegedly, the investment company is now willing to buy IHC’s money-making...
HAL may be willing to rescue IHC again by buying IQIP

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...
HAL may be willing to rescue IHC again by buying IQIP

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...
P&O Ferries lays off 800 British seafarers with immediate effect

P&O Ferries lays off 800 British seafarers with immediate effect

by Mariska Buitendijk | Mar 17, 2022 | News, Passenger ships, Seafarers, Shipping

After making a £ 100 million loss year on year, P&O Ferries says its survival depends on making swift and significant changes. As a result, 800 seafarers, which Nautilus International says are British workers, lose their jobs with immediate effect. The maritime...
Damen cuts hundreds of jobs due to pandemic

Damen cuts hundreds of jobs due to pandemic

by Martin Vodnik | Aug 20, 2021 | News, Shipbuilding

Damen Shipyards is looking for solutions to tackle the financial issues after the dramatic year of 2020. Among the necessary measures in this regard is to cut hundreds of jobs. The workforce reorganisation has affected the group’s shipyards in the Netherlands...
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