Royal IHC

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Royal IHC

legal form BV (limited liability company)
founding 1965
Seat Kinderdijk
management Dave Vander Heyde
Number of employees 3010
sales € 800 million
Branch shipbuilding
Website Royal IHC
Status: 2017

The shipyard in Krimpen aan den IJssel
Historic company board IHC Holland

Royal IHC or Koninklijke IHC , until 2014 IHC Merwede , is a Dutch company based in Kinderdijk . The focus is on the development and construction of ship dredgers and accessories for the offshore industry.


Parts of the company already existed in the 17th century. Namely the shipbuilding company Smit & Zoon at the current headquarters in Kinderdijk. The increasing industrialization made new and deeper canals and ports necessary and as a result the need for dredgers grew. More and more shipyards were founded to manufacture these special ships. In 1943 the shipyards Gusto ( Schiedam ), L. Smit & Zoon and J. & K. Smit (both Kinderdijk), Conrad (Schiedam), Verschure ( Amsterdam ) and De Klop ( Sliedrecht ) joined forces in partnership. Twenty years later, a patented cutter excavator process called “Beaver” was introduced. In 1965 it merged to form IHC Holland (IHC stands for Industriële HandelsCombinatie ). Due to the global recession in the 1970s, there was a restructuring. From then on, IHC Holland took care of the dredging business, while IHC Caland operated the offshore business. In 1989 the two companies came together again and also took over the ship chandler De Merwede in Hardinxveld-Giessendam . At the beginning of the 1990s, the company also focused on plant engineering. In 2004 IHC Caland separated again from the shipbuilders De Merwede and IHC Holland , which then merged to form IHC Merwede . The reasons for the spin-off of the shipping division were the uncertainty of the order situation and low profit margins. Around half of the employees at IHC Caland were employed in shipbuilding, but the contribution to the overall result was only around 5%. Due to pressure from the shareholders, the decision was made to separate the less profitable parts and subsequently rename the company to SBM Offshore .

In 2013 IHC Merwede celebrated its 325th anniversary.


On June 19, 2014, the Dutch royal family awarded the company IHC Merwede the title "royal" ("koninklijk"). The company then changed its name to the current form Royal IHC and included a stylized royal crown in the company logo.

The title “koninklijk” is awarded to Dutch companies or organizations that meet certain conditions of age (at least 100 years) and serious behavior. Furthermore, there must be a national significance with an outstanding position, preferably with an international focus. This also includes the size of the company and the number of employees.


In the middle of 2013, the company received the largest order in its history. The Brazilian oil company Petrobras has ordered six pipe-laying vessels , which are to provide access to new oil fields at a depth of up to 2,500 meters. The order was worth around 1 billion euros and provided work for 4,000 people. In particular at the shipyards in Krimpen aan den IJssel and Kinderdijk, as well as with suppliers. Additional staff was hired for this. The delivery took place in 2015 and 2016.

However, already at the height of the deliveries, in June 2015, it was announced that hundreds of jobs would be lost at IHC. The company has to reorganize itself due to declining orders due to the low oil price. Of the more than 3,000 previously permanent employees, 850 lost their jobs. From now on IHC only wants to build ships in Krimpen aan den IJssel and Kinderdijk. In Sliedrecht was Helling shut down, it should focus all other IHC-production activities such as marine equipment there. The shipyard in Hardinxveld-Giessendam was sold to Neptune Marine in 2017 . In addition, part of the production was relocated abroad.

Today's list

The company operates in four areas: shipbuilding, offshore , mining and foundation technologies. In shipbuilding, it is the market leader for dredgers. Customers include dredging companies, shipping companies, oil and gas companies, offshore companies and construction companies.

In 2017, around 3,000 people worked at IHC, spread across the Alblasserdam , Apeldoorn , Delfgauw , Dordrecht , Goes , Kinderdijk , Krimpen aan den IJssel , Raamsdonksveer , Sliedrecht and Hardinxveld-Giessendam locations . Royal IHC has offices in China, Dubai, Singapore and the USA.

Distribution of property

The largest shareholder in IHC in 2017 is the Dutch investment company Indofin Group with a majority stake of 62.1%. In addition, Rabo Capital (see also Rabobank ) holds 10.01%, the management and employees 27.89% of the shares.

figures In 2016, the company generated annual sales of around 1 billion euros.

in millions of euros
year sales New orders Order volume
(at the end of the year)
Net result Employees
2008 1090 1330 1792 78.5 2623
2009 1126 453 1130 58.8 3060
2010 1008 1024 1167 100.7 3016
2011 1050 1057 1179 103.2 3109
2012 895 679 964 36.9 3239
2013 985 1767 1743 56.3 3224
2014 1215 583 1166 124.0 3263
2015 1161 827 835 27.9 3434
2016 764 695 745 -21.6 3255
2017 800 1673 1573 -21.8 3010

Web links

Individual evidence

  1. ^ IHC Merwede is called Koninklijke IHC. In: Maritiem Nederland. June 25, 2014, accessed May 16, 2019 (Dutch).
  2. ^ IHC Merwede to become Royal IHC. Information on the company website from June 19, 2014 (English).
  3. a b Braziliaanse olie-industrie ordered voor 1 miljard bij IHC Merwede. dated August 12, 2013, accessed May 16, 2019 (Dutch).
  4. a b Shipbuilder IHC Merwede cuts around 1,600 jobs. dated June 10, 2015, accessed May 16, 2019 (Dutch).
  5. Scheepsbouwer IHC Merwede scrapes around 1600 banen. dated June 10, 2015, accessed May 16, 2019 (Dutch).
  6. Aandeel IHC Merwede blijft in de family. dated July 4, 2013, accessed May 16, 2019 (Dutch).
  7. Company shares according to own website (English).
  8. Facts and figures (English, annual reports of the Royal IHC).