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The orders secured with Subsea 7, IHC Merwede's long-standing customer, are for three ships of identical design to the recently launched SEVEN WAVES. With an overall length of 146 metres, a beam of 30 metres and a Class-2 dynamic positioning system, these vessels will be equipped for transporting and installing flexible flowlines and umbilicals in water depths of up to 3,000 metres. Like the existing order for the SEVEN WAVES, Subsea 7 is delivering the pipelaying spreads for the three new vessels. The confirmation of this agreement brings the total number of vessels ordered by Subsea 7 from IHC Merwede to eight. All six 550-tonne vessels will be built at IHC Merwede's extensive, state-of-the-art shipbuilding facilities in The Netherlands. They will be delivered in the period between the first half of 2015 and the second half of 2016. "IHC Merwede is delighted to confirm this major order worth over €1 billion for six more pipelaying vessels that are destined to join four other ships – currently being worked on by IHC Merwede from a previous order last year – in Brazilian waters for Petrobras," says IHC Merwede's new COO Bram Roelse. "We invest in long-term partnerships with our customers to achieve the best possible solutions. This announcement also highlights the success of a key part of IHC Merwede's ongoing strategy to offer completely integrated vessels to its customers." IHC Merwede press release |