The agreement between the two companies was described as “wide ranging” IHC Merwede will also provide design and engineering support to Jaya. IHC Merwede which opened up in Singapore last year sees scope for further cooperation in future.

“IHC Merwede is pleased to be collaborating with Jaya Shipbuilding and Engineering as we believe there are plenty of opportunities for our group to add value to Jaya’s portfolio. This agreement will bring great mutual benefits to both companies and we are delighted to be working with the Jaya team,” said Denis Welch, ceo of IHC Merwede Asia Pacific.

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