IHC Holland looking for a JV partner to build dredgers in India
Exim News Service reported that leading Netherlands based dredging equipment maker IHC Holland Merwede is scouting for a partner to build dredgers in India as it has bid for the global tender floated by Dredging Corporation of India to build 6 dredgers.
The report cites an executive of the IHC Holland Merwede as saying that "We are in discussions with several Indian entities for collaboration. If we win the deal, IHC will build 3 of the dredgers at our own yards and 3 in India." He however added that his company would prefer to build dredgers at its own yards.
IHC Holland's proposed collaboration involves the Indian entity building the dredger's hull, while IHC would provide both design and technical assistance as also components for the dredging installations and their control systems.
IHC Holland is the market leader in the construction of specialist dredging equipment, with a major share of the global market. IHC Holland's dredger building facilities in Europe are booked till 2010 with dredger owners and operators ordering new equipment to meet the growing global demand for dredging at ports and harbors.
IHC is already understood to have an arrangement with Cochin Shipyard Ltd to repair dredgers owned by the Dredging Corporation of India.
« Back
|