Joint venture between parties to increase market share in inland waterways
On December 15th, Damen Shipyards Group and Concordia Group signed a joint venture agreement with the purpose of cooperating in the construction and trade of inland waterway vessels. The joint venture will operate under the name Concordia Damen Shipbuilding.
“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,” says Chris Kornet, CEO of Concordia.
Concordia has been active in the Dutch inland waterways business since 2001 and also internationally over the past 10 years. The corporate identity of Concordia will remain within the new joint venture. The joint venture 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 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,” says Mr. Provoost, who will be appointed as Managing Director of Concordia Damen Shipbuilding.
Damen Shipyards Group
Damen Shipyards Group operates 33 shipbuilding and repair yards, employing 9,000 people worldwide. Damen has delivered more than 6,000 vessels in more than 100 countries and delivers some 180 vessels annually to customers worldwide. Based on its unique, standardised ship-design concept Damen is able to guarantee consistent quality.
Damen’s focus on standardisation, modular construction and keeping vessels in stock leads to short delivery times, low ‘total cost of ownership’, high resale values and reliable performance. Furthermore, Damen vessels are based on thorough R&D and proven technology.
Damen offers a wide range of products, including tugs, workboats, naval and patrol vessels, high speed craft, cargo vessels, dredgers, vessels for the offshore industry, ferries, pontoons and superyachts.
For nearly all vessel types Damen offers a broad range of services, including maintenance, spare parts delivery, training and the transfer of (shipbuilding) know-how. Damen also offers a variety of marine components, such as nozzles, rudders, anchors, anchor chains and steel works.
Damen Shiprepair & Conversion (DSC) has a worldwide network of sixteen repair and conversion yards of which twelve are located in North West Europe. Facilities at the yards include more than 50 floating and (covered) drydocks, the largest of which is 420 x 90 metres, as well as slopes, ship lifts and indoor halls. Projects range from the smallest simple repairs through Class’ maintenance to complex refits and the complete conversion of large offshore structures. DSC completes around 1,350 repair and maintenance jobs annually, both at yards as well as in ports and during voyage.