Royal IHC Signs Contract with Shanghai Salvage for 550t Reel Lay System
Royal IHC have signed a contract with Shanghai Salvage in China for the supply of an integrated 550t reel lay system. This will be the first reel lay system in the Chinese market. The pipelay system, which includes not only rigid pipe but also flexible pipe lay capability, will be installed on the new offshore construction vessel of Shanghai Salvage.
IHC Engineering Business, a subsidiary of Royal IHC, will lead this project, with engineering concept design already well underway. Project execution will be managed by IHC Engineering Business, with close cooperation of its sister companies and strategic partners in both Europe and China.
The system will be installed on the client’s new build vessel during the first quarter of 2020, followed by sea trails.