IHC Merwede, Jaya Shipbuilding Ink Working Agreement
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.
Denis Welch, IHC Asia Pacific’s Chief Executive Officer, says: “we are pleased to be cooperating with Jaya Shipbuilding and Engineering, as we believe that there are many opportunities for our group to add value to Jaya’s portfolio. With this mutually beneficial agreement for both companies, IHC Merwede will have a reliable production partner in South East Asia and we are delighted to be working with the Jaya team.”
Venkatraman Sheshashayee, Jaya Holdings’ Chief Executive Officer and Executive Director, says: “This tie-up with IHC Merwede represents a major step forward for Jaya Shipbuilding and Engineering. IHC Merwede brings a world-class track record of maritime engineering and technological innovations to this agreement and it is widely recognised as an industry leader in many areas of the maritime and offshore sectors. We look forward to working with IHC Merwede and believe it will be a productive relationship for both parties.”
Company profile IHC Merwede
IHC Merwede is focussed on the continuous development of design and construction activities for the specialist maritime sector. It is the global market leader for efficient dredging and mining vessels and equipment – with vast experience accumulated over decades – and a reliable supplier of custom-built ships and supplies for offshore construction.
IHC Merwede has in-house expertise for engineering and manufacturing innovative vessels and advanced equipment, as well as providing life-cycle support. Its integrated systematic approach has helped to develop optimum product performance and long-term business partnerships. The company’s broad customer base includes dredging operators, oil and gas corporations, offshore contractors and government authorities.
IHC Merwede has over 3,000 employees based at various locations in The Netherlands, Brazil, China, Croatia, France, India, Malaysia, the Middle East, Nigeria, Singapore, Slovakia, South
Africa, the United Kingdom and the United States.
Technological innovation will remain the company’s underlying strength through its continuous investment in research and development. Moreover, it helps to safeguard a sustainable environment.
Dredging Today Staff, July 23, 2012; Image: IHC Merwede