Damen Shipyards and Concordia sign JV agreement
Published by Claire Cuddihy,
Assistant Editor
Dry Bulk,
On 15 December, Damen Shipyards Group and Concordia Group signed a joint venture (JV) agreement with the purpose of cooperating in the construction and trade of inland waterway vessels. The JV will operate under the name Concordia Damen Shipbuilding.
CEO of Concordia, Chris Kornet, said: “Damen and Concordia are joining forces in order to better support clients in their investments. Concordia Damen Shipbuilding will, beside catering to the general demand, focus on the development of sustainable vessels with a diversity of new shipbuilding techniques, in order to achieve a bright and clean future for ship-owners. We are very pleased to partner with Damen to expand our activities in the inland waterways market. We look forward to working together with Damen and its international network of shipyards and sales.”
Concordia has been active in the Dutch inland waterways since 2001 and internationally over the past ten years. The corporate identity of Concordia will remain within the new JV. The JV will increase production capacity.
This year, Damen is celebrating its 90th birthday. The company has been active in almost all sectors of the maritime industry since the beginning of the 20th century. Damen operates a global network of shipyards as well as an international sales and service network. The Inland Waterways team, led by Product Director of Inland Waterway Transport, Simon Provoost, will move from the Damen headquarters in Gorinchem, to the Concordia office in Werkendam, the Netherlands. “Both parties are very pleased with this partnership and look forwards towards a future with ambition and mutual trust,” said Provoost, who will be appointed as Managing Director of Concordia Damen Shipbuilding.
Read the article online at: https://www.drybulkmagazine.com/shipping/19122017/damen-shipyards-and-concordia-sign-jv-agreement/
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