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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

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...
Thyssenkrupp Marine Systems eyes MW Werften’s shipyard in Wismar

Thyssenkrupp Marine Systems eyes MW Werften’s shipyard in Wismar

by Mariska Buitendijk | Mar 24, 2022 | News, Shipbuilding, Submarines

German media report submarine builder Thyssenkrupp Marine Systems (TKMS) has shown interest in taking over the Wismar shipyard of MV Werften. MV Werften and Lloyd Werft filed for bankruptcy in January after owner Genting Hong Kong got into financial trouble due to the...
Royal Bodewes and Passer SIDC take over former De Hoop Shipyard in Foxhol

Royal Bodewes and Passer SIDC take over former De Hoop Shipyard in Foxhol

by Mariska Buitendijk | Mar 17, 2022 | News, Shipbuilding

Dutch shipyard Royal Bodewes and production company Passer SIDC from Lithuania have acquired the former De Hoop Shipyard in Foxhol, the Netherlands. De Hoop stopped building ships there in 2017 and since then rented out the location to shipyards and steel construction...
Rönner-Zech acquires Lloyd Werft and plans to use it for ship repair

Rönner-Zech acquires Lloyd Werft and plans to use it for ship repair

by Mariska Buitendijk | Mar 8, 2022 | News, Ship conversion/refit, Ship repair/maintenance, Shipbuilding

The insolvency administrator has announced that the Lloyd Werft Bremerhaven has been sold to the Rönner-Zech Group. The German shipyard is to be taken over before 1 April and the 230 employees are said to keep their jobs. Plans are for the yard to focus on ship...
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