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Towage and Salvage Europe China

IHC Merwede bucks trend with series of new orders

  • Analysis

DESPITE a general economic downturn in the shipbuilding industry, IHC Merwede announced a series of orders valued at some €300m ($425m) in December. These include the construction of two 12,000 cu m trailing suction hopper dredgers for the Yangtze Estuary Waterway Administration Bureau in China and eight medium-sized stationary cutter suction dredgers. Three of these ‘standard’ CSDs are for the Adani Group in India, while five more CSDs have been ordered by a Chinese operator.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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