Holland's Royal IHC has bought 50 per cent of Rotterdam Offshore Group (ROG) that will allow IHC to strengthen its ship repair and conversion capabilities to serve European markets.
Located in Rotterdam, ROG has lay-by facilities for vessels up to 300 meters, heavy-lift crane capacity, a large yard area and a fully equipped workshop.
In a statement Royal IHC said that by joining forces with ROG and using its dedicated facilities, Royal IHC will be able to further expand its services for complex renovations and conversions. The partnership enables ROG to offer its customers in the repair and maintenance sector access to the engineering, fabrication and mission equipment capabilities of Royal IHC.
“Our focus at IHC is on maintaining long-term relationships with our customers.This acquisition strengthens our capabilities to serve those based in Europe. We currently see opportunities to better facilitate conversions of existing vessels and equipment that are currently laying idle due to the ongoing crisis in the market. In addition, we can offer our customers an attractive proposition as a repair and maintenance, and (de)mobilisation partner in the Rotterdam region," said executive director of IHC Services Diederik van Rijn.
Martin van Leest, Managing Director of ROG, added: “We are delighted to have Royal IHC as our new partner. The partnership will enable us to take on more complex jobs and be a partner for Royal IHC in delivering integrated turnkey solutions with all capabilities in-house."