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New guarantee and financing for Royal IHC

New guarantee and financing for Royal IHC

by Mariska Buitendijk | Jun 11, 2025 | Dredging, Navy, News, Offshore, Offshore wind, Ship design, Shipbuilding

Royal IHC signed a new guarantee and financing arrangement on 3 June 2025, replacing the previous Senior Facilities Agreement (SFA). It includes the continuation of the guarantee facility for the Boskalis dredger currently under construction for € 208 million. The...
Another net loss for Royal IHC, 2023 will be a crucial year

Another net loss for Royal IHC, 2023 will be a crucial year

by Mariska Buitendijk | Jan 24, 2023 | (Deepsea) mining, Dredging, Navy, News, Offshore, Offshore wind, Ship design, Shipbuilding

Royal IHC has published its delayed Annual Report 2021 and reports a net loss of € 63.4 million. Although a significant improvement to 2020 and with a restructuring programme underway, it now all comes down to the shipbuilder being able to land new orders for large...
Vroon to sell off offshore support vessel fleet

Vroon to sell off offshore support vessel fleet

by Mariska Buitendijk | Jan 12, 2023 | News, Offshore, Offshore wind, Shipping

After already announcing the company would fall into the hands of banks to reduce its debt load a year ago, shipping company Vroon has now presented its plans for a major restructuring. Part of the plan involves the sale of forty offshore support vessels as well as a...
Second IHC rescue close to finalisation

Second IHC rescue close to finalisation

by Mariska Buitendijk | Jan 2, 2023 | News, Ship design, Shipbuilding

Royal IHC has reached an outline agreement with banks, the government and HAL, reports Dutch newspaper FD. IHC plans to sell IQIP to HAL to pay off its debts with the banks and secure refinancing. It marks a second rescue of the Dutch shipbuilder. In...
Second IHC rescue close to finalisation

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...
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