South Korean shipbuilder Hanwha Ocean has opened a new Amsterdam office which will focus on offshore business.
The company said in a social media post: “This state-of-the-art office will play a major role in our goal to attract some of the best-in-class engineering professionals from around the world who will complement our existing internal talent and capability.”
Hanwha Ocean has been making moves to build out its offshore base and expertise.
This kicked off with the shipbuilder appointing some key specialists, including Philippe Levy — a former SBM Offshore executive — as president of its offshore business division and Bram Van Cann to head its engineering and offshore business.
Last month, Hanwha Ocean unveiled its new design for a floating production, storage and offloading unit as it advances its push into the wider role as a provider of offshore solutions for the energy industry.
In its third-quarter results, the company said it is transitioning from a traditional shipbuilder to an engineering, procurement, construction, installation and operation solutions provider, offering products such as FPSOs, floating LNG production units, offshore renewables, among others.
This week, the estate of Desmond Lim Tze Jong — the largest shareholder of Singapore-listed offshore structures engineering and construction specialist Dyna-Mac Holdings — announced its decision to tender its full shareholding following Hanwha Ocean’s revised offer.
On 14 October, Hanwha Ocean raised its offer for the company stock from SGD 0.60 ($0.45) to SGD 0.67 per share.
This leaves the way open for the shipbuilder and group affiliate Hanwha Aerospace, which already controlled a 25.4% stake in Dyna-Mac, to push ahead with its planned takeover.
Dyna-Mac Holdings, which was founded in 1990, specialises in marine plant topsides structures and has two manufacturing facilities in Singapore.
