Dutch shipbuilder wins orders for Brazilian oil industry

Dutch shipbuilding company IHC Merwede has secured orders worth over 1 billion euro for six vessels for Brazil's offshore oil industry. The company in a press release Friday said it will construct the six 550-tonne pipelaying vessels at its 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 EUR 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," noted the company's chief Bram Roelse.