PaxOcean wins three newbuilding contracts from Royal IHC

PaxOcean has won newbuilding contracts for the construction of a 2,300-cubic-metre trailing suction hopper dredger (TSHD) and two 3,500-cubic-metre split hopper vessels for Netherlands-based Royal IHC.

The vessels, which will be constructed in PaxOcean Graha, Batam, Indonesia, are expected to be delivered in the first half of 2020.

The TSHD will utilise a BV-classed compact design with a shallow draught for projects in shallow water while the two split hopper vessels will be based on the IHC standard split trail 3,500-cubic-metre design which may be used with backhoe, hopper, and cutter suction dredgers.