Cuba Receives 10-Year Financing For US$35 Million Port Dredger From Royal IHC Of The Netherlands
/News [edited] first published by Royal IHC on 05 June 2016
Kinderdijk, The Netherlands-based Royal IHC (IHC) (2015 revenues exceeded US$1.277 billion) has recently implemented a contract first signed in June 2015 for an Easydredge® 3,700- the largest of its range of trailing suction hopper dredger (TSHD) valued at approximately US$35 million for Tecnoimport and Empresa Constructora de Obras Marítimas in Havana, Cuba.
Financing for the vessel is from a government agency based in The Netherlands; payment terms of ten (10) years with twenty percent (20%) down payment and first payment due within six (6) months of signing of the contract. Unknown is where the vessel will be built.
The contract was signed in the presence of Mr Mark Rutte, Prime Minister of The Netherlands and Mr Ricardo Cabrisas Ruiz, Vice President of the Council of Ministers and Executive Committee of Cuba.
The 3,700m3 vessel is the largest in the series of standardized Easydredge® twin-screw TSHDs, designed and built by IHC. In addition to the standard features the vessel will be upgraded with options such as: larger crew accommodation and increased autonomy; a booster pump, which enhances shore-pumping capacities to more than 4km; and a dynamic positioning system that will help to navigate through narrow passages to protect the coral reefs around the Cuban coast.
Physical properties
Length (OA): 92.95 m
Length (BP): 91 m
Width: 16.5 m
Depth: 6.7 m
Draft (loaded): 6.2 m
speed: 12 knts
Hopper volume: 3700 m³
Dredging depth: 50 m
Suction pipe diameter: 0.6 m
An extensive training programme will also enable the customer to open up the full potential of the vessel. It will amongst others be deployed for maintenance works and beach nourishment projects, which are fundamental for stimulating further investment in the Cuban tourism industry.
“The confirmation of this order once again shows that our focus on building standardized TSHDs with proven technology appeals to the market, and by ensuring a short delivery time, we met our customer’s requirements,” said Mr Bram Roelse, CEO IHC. “IHC is proud and honoured to contribute to the further growth of the Cuban economy.”
Due for delivery in late 2017 or early 2018, the new vessel will work alongside the 1981 IHC-built split hopper vessel QUALITY STAR, which was originally named GAMMA BAY.
It has yet to be decided whether the training crew will sail the vessel to Cuba.
The Easydredge® is a product line of standardized TSHDs with a hopper capacity of 1,600, 2,700 or 3,700m3, and can be upgraded via options. This allows the vessel to grow with the business and ensures it remains the right tool for the right job. For more information see www.easydredge.com.
Artist Rendering