IHC Caland Wins Multiple Orders

IHC Caland NV won orders worth about $141.9 million. The orders include building a RoRo ferry for a French client, an offshore support vessel for a British firm, a tug for a Dutch customer and two river cruise ships for Viking River Cruises. "These new orders will take up a substantial part of the capacity at the group's shipyards well into 2002," IHC Caland said. It added that its offshore division had been ordered by a large international oil company to design a floating production and storage unit that can be used off West Africa and Brazil. It did not identify the client. IHC's offshore division also expects to win another major order from an international oil group. The company said it would give further information on this at a later date.